Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Virginia, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Virginia
These are the figures where Virginia differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Return deadline: 45 days after termination date of the tenancy or the date the tenant vacates, whichever occurs last — the only jurisdiction of the 51 we have data for
- Five year total: $350 — the only jurisdiction of the 48 we have data for
- Trigger: the premium payment due date — the only jurisdiction of the 47 we have data for
- Aggregate limit: $350,000 — one of only 2 of 48
What dying costs here
- Small estate limit: 50000
- Small estate scope: personal_only
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: Va. Code 47.1-2 et seq.; original RON authority via H.B. 2318 / S.B. 827 (2011)
- Effective date: 2012-07-01
- Conditions: Virginia was the FIRST US state to authorize remote online notarization. The 2011 bills were signed 2011-03-26 with a 2012-07-01 effective date, establishing the model later states followed. Identity via approved audio-video technology and credential analysis/identity proofing.
- Association name: Virginia Life, Accident and Sickness Insurance Guaranty Association
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $350,000
- Statute citation: Va. Code Ann. § 38.2-1700(D)(2)(e)
- Free look days: 10 days
- Trigger: delivery of the policy to the policyowner
- Extended windows: insurer may voluntarily extend beyond 10 days if the longer period is stated in the policy; industrial life carries the same 10 days
- Refund basis: refund of any premium paid; policy void from the beginning
- Grace period days: not less than 31 days
- Coverage during grace: the policy continues in full force; the amount of any EARNED overdue premium or installment THROUGH THE POLICY MONTH OF DEATH, with interest, may be deducted from any amount payable in settlement
- Variations: industrial life: 28 days, terminating at NOON on the twenty-eighth day after the due date of the defaulted premium; but not less than 31 days for monthly-payment industrial policies. Group life: separate grace provision at Va. Code Sec. 38.2-3325
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: On or before the date the employee would have been paid had employment not ended (the next regular payday)
- Fired deadline: On or before the date the employee would have been paid had employment not ended (the next regular payday)
- Statute citation: Va. Code 40.1-29
- Has law: Yes
- Disclosure trigger: in the job posting
- Employer threshold: none — all employers
- Effective date: 2026-07-01
- Salary history ban: Yes
- Local ordinances: none identified
- Contested: No
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: 2 months’ periodic rent
- Return deadline: 45 days after termination date of the tenancy or the date the tenant vacates, whichever occurs last
- Interest required: no
- Statute citation: Va. Code § 55.1-1226
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $100
- Annual report: $50 annual registration fee (no informational report for LLCs)
- Franchise tax: none
- Publication requirement: none
- Expedite options: Next day $50 or $100; same day $200 — online filings only
- Statute citation: Va. Code sec. 13.1-1005 (filing fees); Va. Code sec. 13.1-1062 (annual registration fee); Va. Code sec. 13.1-1064 ($25 penalty)
- Five year total: $350
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: Yes
- Treatment: ordinary income
- Rate: 5.75% top marginal
- Preferential mechanism: none
- Tax year: 2026
- Statute citation: Va. Code sec. 58.1-320
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Virginia Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/virginia/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 46 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Virginia financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.