The Official Web Site of the State of South Carolina

South Carolina Opportunity Zones

What are Opportunity Zones?

Picture of the South Carolina Opportunity Zones map

Opportunity Zones are a new community development program established by Congress as a part of the Tax Cuts and Jobs Act of 2017, they are designed to encourage long-term private investments in low-income communities. This program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into "Opportunity Funds," which are specialized vehicles dedicated to investing in low-income areas called "Opportunity Zones."

Source: SC Opportunity Zone

Key Dates & Deadlines for Opportunity Zone Investing