Fueling Sustainable Innovation: Discover The RTPark's Growing Tech Hub in the U.S. Virgin Islands


Welcome to the Virgin Islands Research and Technology Park (RTPark), where sustainable innovation meets strategic growth. As a specialized economic development organization, we drive investment and diversify the U.S. Virgin Islands' regional economy.

The RTPark has targeted several under-explored technology and knowledge-based sectors within the region. Our focus is on companies working in Health and Medicine, Software Solutions, Sustainability Solutions, and Financial Technology, and have expanded our outreach to connect with technology focused companies in numerous other sectors.

Explore unique opportunities in our Energy, Research, and System Development sector, focusing on renewable energy, blue bioeconomy, and sustainable agriculture.

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Who We Are

Innovation in Paradise

The Virgin Islands Research and Technology Park (RTPark) is a specialized economic development organization (EDO) designed to drive investment and diversify the regional economy in the U.S. Virgin Islands by offering a unique incentive program, providing technical services to growing businesses in the technology sector and promoting the environmental/geographic advantages of the region.

EXPAND YOUR HORIZONS

RTPark's Unique Business Advantages in the USVI

The RTPark, which operates as a Protected Cell Corporation and an autonomous instrument of the U.S.V.I. Government offers numerous tax exemptions and reductions to our clients, the most notable of which is a 90% reduction on tax liability for the business and also for the owners and beneficiaries if the owners are bona- fide residents of the USVI.

Discover the Financial Benefits Unlocked in the US Virgin Islands

  • 90% reduction in income tax liability
  • Exemption on taxes on real property
  • Exemption from USVI gross receipts taxes
  • Exemption from excise taxes on various materials
  • Reduction in customs duties
  • Withholding tax exemptions and reductions
  • Tax benefits extend to direct and indirect owners
 CONNECT WITH US TO LEARN MORE 

 

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Mature Business Attraction
A targeted and sophisticated business development program, featuring a variety of unique tax incentives, designed for future growth and dynamism.
Real Estate & Infrastructure Development
The creation of new real estate facilities that support tech talent and the growth of companies in our target industry sectors.
Capital Financing
A source of patient, flexible financing for business ventures and real estate (re)development projects that elevate entrepreneurship and enhance the USVI's appeal for impactful economic development opportunities.
Workforce Development
We support numerous workforce development programs, including the recruitment of members of the USVI diaspora; STEM education, training, and upskilling programs for youths and adults.
Entrepreneurship Support
The key to a sustainable business climate is empowering early-stage startups, investing and cultivating local entrepreneurs with big ideas and through mentorship, structured programming,, starting capital and access to office space.
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Strategic Location: A Gateway to the Americas

Position your business at the nexus of global commerce and innovation. The U.S. Virgin Islands (USVI), located between North and South America, offer unparalleled access to key markets. As a U.S. territory, the USVI provides the security and regulatory benefits of operating under U.S. protections while enjoying the geographical advantages of being in the Caribbean. This strategic location ensures your business is perfectly positioned to thrive in the international marketplace, with convenient access to major cities across the Americas and beyond.

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Robust Fiber Network: Unmatched Connectivity and Speed

Experience the cutting-edge connectivity that drives modern business. The USVI boasts a robust fiber-optic network, ensuring some of the fastest internet speeds in the region. With significant investments in telecommunications infrastructure, the USVI offers businesses reliable and high-speed internet essential for tech and knowledge industries. This advanced network supports seamless communication, data transfer, and digital operations, enabling your company to operate efficiently and competitively in the global market. Establish your business in the USVI through RTPark and take advantage of a technologically advanced environment designed for growth and innovation.

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Embrace Sustainable Innovation in the Caribbean

Experience the U.S. Virgin Islands' unique blend of natural resources and advanced infrastructure, creating the ideal environment for sustainable innovation. With over 12 hours of daily sunlight and consistent wind speeds, the USVI is perfect for solar and wind energy projects. Our fertile land and favorable climate support revolutionary agricultural practices, bolstered by strong research and development in agricultural biotechnology. Additionally, our pristine ocean environment is ideal for ethical biotechnological advancements, leveraging abundant aquatic biomass to foster a dynamic blue bioeconomy. Join us through RTPark and be part of a future where sustainability and innovation converge seamlessly, driving growth and environmental stewardship in the Caribbean.

Ready to Drive Sustainable Innovation? Connect with Us.

Learn More About the RTPark's Comprehensive Economic Resources.