Tourism

U.S. Virgin Islands Named Among Top Caribbean Destinations For Rich Americans

Don't be shocked if you spot some of the world's wealthiest individuals enjoying the territory's white, sandy beaches, sun-bathing until sundown with seemingly no worries. That's because Resonance Consultancy (via Bloomberg), a firm that monitors consumer trends, conducts research, and creates development strategies, has rated the U.S. Virgin Islands as the second most popular Caribbean destination for rich Americans in its top 16 list. The consultancy firm collected data by surveying 1,664 travelers, with the top 1 percent defined as those with annual income above $400,000 or a net worth above $8 million. The 5 percent were classified as earning at least $200,000 per year or having $2 million or more, according to the Bloomberg article. The main reason the rich choose the territory is because it's perceived as safe: "At a certain wealth level, picnicking on a public beach isn’t really a possibility, says Kimberly Wilson-Wetty, co-president/owner of Valerie Wil...