Act 20/22

Puerto Rico is an incredible opportunity and tax haven for US citizens, come here for the tax incentives stay here for the quality of life.

Puerto Rico has passed two laws that are designed to attract high net worth individuals by providing new tax incentives for businesses and individual investors. This is an outstanding and unique opportunity to relocate to a beautiful island paradise that is a Commonwealth of the United States, therefore one of the many benefits is not having to renounce your US citizenship.

Individual Investors / Act 22

This acts seeks to attract new residents to Puerto Rico by providing a total tax exemption from Puerto Rico income taxes on all passive income realized or accrued when the individual investor becomes a bona fide resident of Puerto Rico.

To qualify new residents must not have been a resident of Puerto Rico anytime from January 16, 1997 through January 16, 2018.

Benefits:

• 100% tax exemption from Puerto Rico income taxes on all dividends
• 100% tax exemption from Puerto Rico income taxes on all interest
• 100% tax exception on all long and short term capital gains accrued after becoming a new resident of Puerto Rico

Export Services/ Act 20

This act looks to establish and develop in Puerto Rico an international export services center. Act 20 seeks to encourage local service providers to expand their services to persons outside of Puerto Rico, promote the development of new businesses in Puerto Rico and stimulate inbound transfer of foreign service providers to Puerto Rico.

Benefits:

• 4% corporate tax rate which may be reduced to 3% 100% tax exemptions on dividends or profit distribution from export services businesses.
• 100% tax exemption from Puerto Rico income taxes on all interest
• Decree of 20 years renewable for 10 years guaranteeing these rates

These are not the only reasons you should consider moving to Puerto Rico, aside from the great investment environment we share a cultural richness with may countries and we have an international flair. People come from all over the world for our fabulous beaches, the rainforest, the bio phosphorescent bay and many more attractions. We are an international hub with a world class airport, travel to Miami in the morning and come back in the afternoon. Bring your family to live in Puerto Rico and your children can attend schools with a quality educational system graduate and be accepted in the best universities in the world.

Not reason enough, English is our business language, we have 4 museums, a conservatory of music and most importantly residents of Puerto Rico are US citizens, We have a strong Real Estate market. If you like city living we have it all, world class restaurants and shopping, entertainment and much more. If you prefer to live somewhere quieter we have resort areas with a world class marina, excellent golf courses and casinos.

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