Incentives

In most cases, taking on citizenship in a new jurisdiction is a long and complicated process that requires years of permanent residency in the new territory. For U.S. citizens, Puerto

If you’re looking for a new life in a tropical paradise with a vibrant culture and a relatively low cost of living yet all the conveniences and security of the

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

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

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

Puerto Rico Governor Wanda Vázquez signed into law a new bill that spells a major change for holders of Puerto Rico’s Act 22 and Act 60 Individual Resident Investor tax

On February 21, 2020, the IRS published an updated and revised Publication 570 – Tax Guide for Individuals With Income From U.S. Possessions (“Publication 570”). Publication 570 provides detailed information