Lieutenant Governor Gregory R. Francis announces that newly proposed regulations established for the payment of real property tax in the Territory is now available for public review and comment for a period of 20 days from today. These rules and regulations are promulgated and will be implemented pursuant to Act 7064 of the 28th Legislature of the Virgin Islands and provides for installment plans and early payment incentives for current and delinquent real property taxes. 

The new rules and regulations will allow for installment payment plans that will grant property owners the opportunity to pay their yearly tax bills semi-annually, quarterly or monthly. Taxpayers will have to apply to enroll in an installment plan. The new regulations also provides for an early incentive discount of up to 5 percent of the amount of tax due for those who pay their property tax bills in full before the due date. Installment plans for delinquent taxes are also provided.

Lt. Governor Francis said he hopes the new proposal will be encouraging to property owners and will allow them to meet their tax obligations in a manner that minimizes the financial impact.

“We realize that property taxes could pose a significant burden to some of our property owners but we are committed to exploring every option that reduces that burden,” Lt. Governor Francis said. “We welcome and appreciate feedback on the proposed rules.”
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The general public is urged to review and comment on the proposed rules. They are available for viewing on the Lt. Governor’s website at www.ltg.gov.vi or at the main administrative offices of the Lieutenant Governor located in Government House on St. Croix and on Kongens Gade on St. Thomas. The rules will also be available at public libraries throughout the territory.  The public is also asked to use the following email address: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it to comment on the proposed rules.

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