Cost of Living & Economic Diversification

Problem

Virgin Islanders pay some of the highest prices in the region in part due to costly imports, frequent delays, and long processing times.

Solution

Modernize our ports and position the St. Croix as a strategic consolidation hub for Caribbean distribution by leveraging our unique exemption from the Jones Act.

• Upgrade cargo handling and customs technology
• Expand warehousing and cold storage
• Attract additional vessels and regional trade volume
• Forge new partnerships with neighboring Caribbean countries to serve as a transshipment hub

Impact

Lower prices on everyday items, faster delivery, expanded choice, millions in new revenue, and creation of new jobs across the Territory.

Problem

Tourism accounts for approximately 60% of our GDP and a significant share of employment. When global travel slows, our economy contracts. We need industries that provide stable, year-round income.

Solution

• Bring back light manufacturing and industrial businesses to St. Croix that can produce goods locally and export regionally with the advantage of the “Made in America” stamp.
• Revitalize the St. Croix Industrial Park by attracting light manufactures
• Invest in designated industrial zones - St. Croix’s Southshore
• Streamline permitting timelines
• Pair incentives with local workforce training

Impact

Year-round jobs, economic resilience, and an expanded revenue base that allows wages and business activity to circulate in the local economy.

Problem

The USVI imports more than 97% of its food. We are exporting our food dollars while importing at higher costs.

Solution

• Fund the Agricultural State Plan and modernize agriculture by investing in local farmers and new technologies such as hydroponics, greenhouse farming, and climate-resilient crops,
• Leverage UVI, DOA, EDA, and the local food and farm council to lead research, training, and innovation.
• Prioritize locally grown produce procurement for public institutions including schools, hospitals, correctional facilities, and other government programs.
• Establish a USDA-certified lab to support food testing, certification, and exports
• Expand agriculture education in schools and community growing programs to create long-term interest and investment in local food production.
• Build-out agro-processing and commercial kitchens that support local food entrepreneurs

Impact

Lower grocery costs, support for local farmers and fishers, and new local industries.

Problem

Historic towns across the U.S. Virgin Islands have experienced years of underinvestment, resulting in aging infrastructure, deteriorating historic buildings, vacant storefronts, and limited economic activity.

Solution

• Launch a targeted historic town revitalization plan that upgrades infrastructure, restores historic buildings, promotes mixed-use spaces that introduces housing opportunities, and creates incentives for small businesses.
• Bring back the Anti-Litter and Beautification Commission
• Support local entrepreneurs through grants, financing, and programs that activate the economy

Impact

Re-birth of historic downtowns, rebuilding homes, more jobs, stronger small businesses, increased foot traffic, and a more dynamic tourism experience that benefits residents year-round.