Why Did The US Buy The Virgin Islands?

The islands remained under Danish rule until 1917, when the United States purchased them for $25 million in gold in an effort to improve military positioning during critical times of World War I.

St.

Croix, St.

Thomas and St.

When did the US buy the US Virgin Islands?

March 31, 1917

Why did Denmark sell the Virgin Islands?

Why did Denmark decide to sell the Danish West Indies to the USA in 1917? In short, because the islands were already an economic drain and their renewed strategic importance made them as likely to be captured by the Germans as they were likely to turn a profit.

Which Virgin Islands belong to the US?

U.S. Territory

St. Thomas is an island in the Caribbean that is politically part of the United States Virgin Islands (USVI), which also includes St. Croix, St. John and some smaller islands.

Who owns Virgin Island?

United States Virgin Islands. The United States Virgin Islands are a group of islands in the Caribbean Sea. They are currently owned and under the authority of the United States Government. They used to be owned by Denmark (and called Danish West Indies).