0
$25,000,000
--------------------------------------------------------------------------------------------------------They bought it from the Dutch for 25,000,000. However, the United States only wanted to buy St. Croix for it's oil. They did not want to buy St. Thomas or St. John, but the Dutch said they had to buy all three of the islands. So,that increased the cost of the United States Virgin Islands.
Wiki User
∙ 13y ago
Wiki User
∙ 13y ago25 million
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Are the US Virgin Islands a terrority commonwealth or possession do they all pay income taxes to the US?
The US Virgin Islands are an unincorporated organized territory of the United States of America. That means they are a territory, and a possession, of the US. They are a self-governing territory but are not styled as a Commonwealth. Residents of the US Virgin Islands are not subject to U.S. federal income taxes on income derived from U.S. Virgin Islands sources. They pay taxes to the territory equal to what their federal taxes would be if they lived in a state.
What is the GDP of the US Virgin Islands?
The US Virgin Islands's minimum wage is $7.25 per hour, or $2.13 per hour for tipped employees, as per the Fair Labor Standards Act for most employees in U.S. Virgin Islands. Businesses with gross annual receipts of less than $150,000 can pay a minimum wage of $4.30/hr.
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All-inclusive Virgin Islands vacations are vacations where you pay one fee and everything on your vacation is included, such as meals, activities, accommodations and even tips and taxes. Check out BookIt, Sugar Bay Resort and Spa, Trip Advisor and AllInclusiveOutlet.
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