|Benefit as a % of spend||29.00|
|Financial cap per production||-|
|Do I have to register/set up a company?||Optional|
|Does foreign cast/crew paid in their home country/region qualify as expenditure?|| No|
|Do foreign cast/crew have to pay tax in the host country/state/region?|| No|
|Does travel to/from country/region qualify as expenditure?|| Yes|
|Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive?|| Yes|
|Criteria to access the benefit|
- - Minimum percentage of the film that must be shot in the region: 0.00%
- - Minimum spend 250000 (in local currency)
- - Use Local cast & Crew
|When will the benefit/incentive be received?|
- - State approx. number of months after completion of audited accounts
|Additional incentives or advantages|
- - Base 9% cash rebate
Additional 10% for filming with a USVI Promotion
Additional 10% if produced in St. Croix
Reduction of Hotel Tax rates applied depending on expenditure and rooms
Minimum spend of USD250,000
Minimum of 20% local resident hires (including crew, extras, actors and maximum of three (3) paid interns.
Include credits, i.e. “Made in the USVI” or “Portions Made in the USVI” and other acknowledgments
Above-the-line-crew member speak at local school or university.
Production companies/studios that corporately establish themselves in the USVI for purposes of long-term production, recording, distribution and/or management may be eligible for 90% tax relief through the Economic Development Commission program.