Grow Your Workforce in US Virgin Islands

Income Tax in United States Virgin Islands

The US Virgin Islands has progressive income tax rates from 0% to 37%.

Social Security in United States Virgin Islands

In the U.S. Virgin Islands, employers and employees are required to contribute to the Social Security system.

Employer Contributions

• Employers must contribute 6.2% of each employee's wages up to the Social Security wage base ($160,200 in 2023) for the Old Age, Survivors, and Disability Insurance (OASDI) program.
• Employers also contribute 1.45% of each employee's wages for the Medicare program, with no wage base limit.
• The total employer social security contribution rate is 7.65% (6.2% for OASDI and 1.45% for Medicare).

Employee Contributions

• Employees must contribute 6.2% of their wages up to the Social Security wage base for OASDI.
• Employees also contribute 1.45% of their wages for Medicare, with no wage base limit.
• The total employee social security contribution rate is 7.65% (6.2% for OASDI and 1.45% for Medicare).

Work Visas in the US Virgin Islands

Here are the main work visas available in the US Virgin Islands:

H-1B Visa (Specialty Occupations)

• Purpose: Issued to professionals in specialized fields, such as IT, engineering, and healthcare.
• Duration: Initially granted for three years, with a potential three-year extension.
• Requirements: Applicants must have a job offer in a specialized occupation that requires a bachelor’s degree or equivalent.

L-1 Visa (Intra-Company Transferee)

• Purpose: Allows multinational companies to transfer employees from a foreign office to a U.S. office, including the USVI.
• Duration: Typically issued for one to three years, with extensions available.
• Requirements: The employee must have worked for the company abroad for at least one year within the last three years.

O-1 Visa (Individuals with Extraordinary Ability)

• Purpose: For individuals who possess extraordinary abilities in fields such as arts, sciences, education, or athletics.
• Duration: Initially granted for up to three years, with extensions possible.
• Requirements: The applicant must demonstrate a high level of achievement in their field, often proven through awards, publications, or other recognition.