81.9 F
Charlotte Amalie
Friday, September 24, 2021
HomeNewsLocal governmentDLCA Now Issuing Short-Term Rental Business Licenses for Lodging Less Than 90...

DLCA Now Issuing Short-Term Rental Business Licenses for Lodging Less Than 90 Days

Vacation Rentals (Submitted image)

Commissioner Richard T. Evangelista of the Department of Licensing and Consumer Affairs (DLCA) informs the public that effective July 1, DLCA will be able to issue a business license for the operation of a short-term rental.  A short-term rental is an establishment primarily engaged in providing accommodations for less than 90 days tourist/vacation rentals in private homes, condominiums or villas (except hotels, motels, casino hotels and bed-and-breakfast inns).

DLCA has created two categories of short-term rental licenses. The first license is called a “Short Term Rental A” created for an establishment that can accommodate five or more persons costing $260 per year.  The second license is called a “Short Term Rental B,” created for an establishment that can accommodate up to four persons with a cost of $195 per year.

The reason for doing this is that a short-term rental business license achieves a couple of positive things for the United States Virgin Islands:

It allows the Government of The Virgin Islands to collect the Hotel Room Occupancy tax from persons engaged in short term rentals who are not a member of Airbnb.  As of June 1, 2017, the USVI government and Airbnb entered into an agreement that allows Airbnb to collect the 12.5% Hotel Room Occupancy Tax on behalf of homeowners and remit payment to the V.I. Bureau of Internal Revenue.  The collection and remittance of this tax from members of other short term rental groups or independents relies on an honor system.

Advertising (skip)
Advertising (skip)

It allows the government to collect taxes from persons who are engaged in the lucrative business of short-term rentals.

It enables Homeowner’s Associations (HOAs) to monitor their neighborhoods to ensure compliance with its bylaws regarding short-term rentals.  Some HOAs permit long-term rentals but not short-term rentals for various reasons.

DLCA looks forward to assisting persons/businesses, currently holding apartment rental business licenses, to convert to a short-term rental license if applicable when it is time for renewal.

For additional information or to apply for the Short-Term Rental A or B business license, customers may contact the Licensing Division at 713-3522 in the District of St. Croix or 714-3522 in the District of St. Thomas/ St. John.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.




Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

JOIN OUR MAILING LIST

STAY CONNECTED

20,771FansLike
4,415FollowersFollow

FROM FACEBOOK

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Load more
Print Friendly, PDF & Email