USVI Property Owners Reminded of March 3 Deadline for 2025 Tax Credit Applications

Lieutenant Governor Tregenza Roach is reminding property owners in the territory that the deadline to apply for or renew their Homestead Property Tax Credits for the 2025 tax year is Monday, March 3. Property owners must submit their applications before this deadline to ensure their eligibility for tax credits that can help reduce their property tax burden. Application Requirements and Eligibility Property owners whose tax credits expire in 2024 must complete a new Homestead Tax Credit application and submit the required documentation. Applications and eligibility criteria are available online at ltg.gov.vi and propertytax.vi.gov. Physical applications can also be obtained at the Offices of the Tax Assessor on St. Thomas, St. Croix, and St. John. To qualify for a 2025 Homestead Tax Credit, applicants must be the property owner of record between January 2, 2024, and January 1, 2025. Property owners are permitted to apply for a maximum of two tax credits, including the General Homeste...