Blog: Articles to Help You Navigate Puerto Rico
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The importance of motivating local businesses
As of writing this article, there are over 40 million people in the U.S. that have claimed unemployment status as a result of COVID-19. A decent part of those are
Read MoreOctober 8, 2020 -
Filing the Act 60 Annual Report
If you hold an Act 20, 22, or 60 decree—some of Puerto Rico’s many tax incentive decrees—you will be required to file an annual report to the Department of Economic
Read MoreOctober 1, 2020 -
Understanding the General Elections in Puerto Rico
Although Puerto Rico is a U.S. territory, its political system is almost entirely separate from that of the mainland United States. Puerto Rican residents vote in local elections for their
Read MoreSeptember 23, 2020 -
Hurricane Isaias Declared a Major Disaster – 14 Automatic Days of Puerto Rico Presence
Hurricane Isaias Declared a Major Disaster – 14 Automatic Days of Puerto Rico Presence On September 9, 2020, Hurricane Isaias (DR-4560-PR) was declared a major national disaster by President Trump,
Read MoreSeptember 10, 2020 -
CORPORATE FILING REQUIREMENTS FOR ACT 60 (FORMERLY ACTS 20) EXPORT SERVICES BUSINESSES
Puerto Rico’s generous tax incentives can save you a lot of money, but unfortunately, they also entail a lot of bureaucracy. There are numerous corporate filings you must file regularly
Read MoreAugust 27, 2020 -
How to Set Up Electricity, Water, and Internet in Puerto Rico
Electricity, water, and the Internet are three things we can’t live without, so you’ll want to get these set up as soon as you move to Puerto Rico so you
Read MoreJuly 8, 2020 -
PR Condo Associations Going Overboard with Quarantine Measures
In the face of the COVID-19 pandemic, we all have to do our part to limit the spread of the virus and flatten the curve. Condo associations across Puerto Rico
Read MoreJune 29, 2020 -
Puerto Rico Could Supply America with Pharmaceuticals
Puerto Rico Used to Be a Manufacturing Hub In the last quarter of the 20th century, Puerto Rico was a pharmaceutical powerhouse, producing a large portion of the pharmaceuticals used
Read MoreJune 4, 2020 -
How Does the COVID-19 Pandemic Affect Puerto Rican Residents?
The COVID-19 pandemic has affected nearly every country and territory on Earth, upending life as we know it all across the planet. Puerto Rico is no exception, with the crisis
Read MoreApril 30, 2020 -
The Requirements for the Act 22 and 60 Donation
In addition to establishing bona fide residency in Puerto Rico, one of the requirements of the Act 22 (now Act 60 Individual Resident Investor) program is a yearly donation to
Read MoreApril 28, 2020