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Base figure held

The concession-value base is held, pending the public concession-register research.

Commitment 04

A Future That Works

Big developments get government breaks. If you receive public value, you return public value.

Every big development that gets a government break pays a share back to Virgin Islanders. Twenty percent. By law, not by goodwill.

Pillar

A Future That Works

Commitment

04 / 07

Return

20%

Register

First term

The Mechanism

What we will do.

The mechanism, in four parts. Plain, not marketing.

Who it covers

Big developments that get a government break – tax breaks, land deals, duty waivers.

The return

20% of what that break is worth, paid into the VI Future Fund.

Where it goes

Kept separate and protected for Virgin Islanders, run by an independent board.

When

A public register of every deal goes live in the first term.
The Argument

Why it matters.

A developer can receive millions in tax breaks, land leases, and duty waivers and return nothing to the people whose country made the deal possible. There is no law that says otherwise. That is a choice, and it has always been made in the developer’s favour.

01

It is cash, not paperwork.

Local-hire rules already exist and get dodged. A fixed share of the money is harder to dodge.

02

Twenty percent is real money.

Not a vague promise to create opportunities – a fixed share that funds skills, training, and Virgin Islander businesses.

03

It stays yours.

Held apart from general revenue, so it cannot quietly disappear into the budget.
The Believability Layer

How it works.

The questions a voter actually has, answered plainly.

Where

Country-wide, on every qualifying concession.

Who Benefits

Virgin Islanders, through the VI Future Fund – skills, training, and small-business capital.

Form It Takes

A legal requirement to return 20% of concession value, tracked on a public register.

Protections

An independent board and a Public Development Register, so every concession and every return is visible.

How & When

The register goes live in the first term; the requirement applies to new concessions.
Cost & Credibility

The case.

What it costs, who pays, and why it works. Where a figure is not yet sourced, it is held – not guessed.

A What It Costs & Who Pays

This costs the treasury nothing. It is funded by the value of concessions the government already gives away. It moves money from a giveaway into a fund for Virgin Islanders.

HeldThe concession-value base is held for sourcing.

B Why It Works

Community and development funds elsewhere turn one-time deals into lasting local benefit. The mechanism is simple: if the public gives value, the public gets a share back, written into the agreement.

The Receipts

Every number on this page carries a source before it goes live. If it cannot be sourced, it does not go on the page.

Policy design

20% Return on concession value; Public Development Register.

Confirm comparators + link

Comparable community and development funds and registers.

Held - register research

Concession-value base.
Keep Going

This is one of seven. Read the rest.

Read the rest of the platform
Download the manifesto
Fixed actions — the same two on every commitment page. The manifesto is not yet published; that link will 404 until it is.

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