Beyond the Beaches: Build Your Future in the USVI
RTPark invites businesses across the globe to move to the U.S. Virgin Islands (USVI) for a wide range of reasons. The USVI is so much more than crystal-clear waters and pristine beaches; it represents a unique opportunity for individuals and businesses looking to thrive in their industries while giving back to the community.
Economic Indicators
The USVI is strategically located at the crossroads of the Americas, offering seamless access to U.S. and Caribbean markets. Supported by a high-speed fiber-optic network, the territory ensures reliable global connectivity for technology-driven businesses. As a Federal HUBZone, the USVI provides access to federal contracting opportunities, while the Virgin Islands Economic Development Authority (VIEDA) offers tailored incentives through its Economic Development Zones to attract and grow businesses.
The USVI is diversifying its economy beyond tourism with investments in technology, renewable energy, and entrepreneurship. Billions of federal dollars allocated for recovery and infrastructure projects are modernizing the islands and driving long-term growth. As a U.S. territory, the USVI offers the stability of U.S. legal, financial, and regulatory systems while leveraging unique local advantages. With programs like RTPark fostering a thriving tech ecosystem, the USVI is an ideal destination for businesses seeking opportunity, innovation, and growth in a resilient and connected community.
Ideal Geographic Position
Situated in the most eastern location of the U.S., the Virgin Islands offer multimodal connections to domestic and international markets. With significant airports on St. Croix and St. Thomas providing daily flights and well-connected ports, the VI serves as a valuable global trade location, making businesses accessible to a wider market.
Transportation Options
- Direct flights to major U.S. and LATAM cities.
- 2 major airports and 14 seaports facilitating global trade.
- Daily flights and ferry services within the region.
Infrastructure in the USVI
Sustainable Power and Utilities
The Virgin Islands Water and Power Authority (WAPA) is at the forefront of providing reliable electricity and drinking water. Strategic initiatives include incorporating solar and wind energy sources to enhance sustainability.
- WAPA produces electrical power at plants on St. Thomas and St. Croix and distributes electrical service through smart grids to customers on St. Thomas, St. Croix, St. John, Hassel Island, and Water Island.
- WAPA's priorities include stabilizing consumer costs while incorporating more renewable energy sources. Learn more about WAPA’s services on their website.
The USVI Energy Market
The USVI is steering toward a sustainable future, making it a promising market for clean energy providers. The VI Energy Office leads this transition with major initiatives, including:
- State Energy Program (SEP) Formula 2023
- Virgin Islands Battery & Energy Storage (VIBES) program
- Renewable Energy Workforce Development (REWD)
- GO FLEET program for electric vehicle (EV) workforce development
The VI Energy Office also runs weatherization programs to improve energy efficiency for low-income families, promotes real-time energy monitoring through the REM Program, and distributes electric vehicle charging stations across the territory. Learn more about these initiatives by visiting the VI Energy Office.
Real Estate: Your Home in the USVI
Diverse Real Estate Options
Whether you're seeking coworking spaces, mixed-use developments, or greenfield projects, the USVI offers a range of options for residential or business needs. RTPark facilitates access to affordable options for business owners to live, work, and collaborate through its network of real estate professionals.
Collaborative Workspaces for Growth
RTPark offers modern coworking spaces to simplify the process of setting up a business in the USVI. Beyond just desks and high-speed internet, coworking spaces connect you to a community of like-minded individuals, mentors, and investors, providing the support needed to scale your business.
- Modern desks in an open floor plan
- Shared conference room space
- Access to RTPark networks
Learn more about our coworking spaces by visiting Accelerate VI Coworking Space.
Moving to the U.S. Virgin Islands is not just a change of scenery; it's a choice to be part of a community-driven and economically vibrant ecosystem. Explore the opportunities, engage in sustainable initiatives, and become an integral part of the USVI's journey toward a brighter, more connected future.