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Published Event State Process us virgin islands

U.S. Virgin Islands submits all 18 eligible tracts to Treasury — the first completed OZ 2.0 filing

Cruise ships docked in the harbor at Charlotte Amalie, St. Thomas, below green hillsides
Photo: OldPine, cropped, Public domain · file page

Governor Albert Bryan Jr. announced the U.S. Virgin Islands nominated all 18 of its eligible census tracts for Qualified Opportunity Zone status, submitting them to the U.S. Treasury on July 24 — the first completed filing of the OZ 2.0 cycle we've tracked. Notably, the Bryan-Roach administration worked through the federal census boundary process to redraw tract lines so that strategically important areas on St. Croix's south shore — including the Renaissance industrial area and the former HOVENSA refinery property — fell within eligible tracts. Treasury now reviews the nominations ahead of the January 1, 2027 effective date.

Sources

Original reporting by the Opportunity Zone Invest Editorial Team for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice. Found an error? See our corrections policy or write to Opportunity Zone Invest.

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