Bryan Says VI Will ‘Never Catch Up’ on Road Repairs Without New Revenue, Pushes Road Tax Referendum, Property Reassessments, Vacation Rental Taxes, and Possible Waste Fees

The Virgin Islands is exploring new revenue streams to fund road repairs, including vacation rental taxes. This initiative reflects a broader trend of local governments targeting STRs for revenue generation. Hosts should anticipate potential tax increases and reassessments. This could impact profitability.