¡Bienvenidos a Puerto Rico!
Mike and Sam started PRelocate to help individuals and businesses understand and then execute a relocation to Puerto Rico. We provide resources and professional services to help you accomplish these goals. As a Qualified Promoter with the Puerto Rico Department of Commerce, we will handle your new Export Services Tax Incentive application, or review your existing Export Services Tax Incentive application, at a low cost.
When our team went through this exact same relocation process, we were surprised by the time-intensive learning curve, burdensome process, and cost-inefficient service providers. Our mission is to address those inconveniences and provide you with a turnkey solution. Relocating to Puerto Rico is an incredible, possibly once-in-a-lifetime opportunity that could materially improve your lifestyle and business. However, if you have bad information and poor support, you just might miss out. So contact PRelocate today and start your new life now!
STEP 1
Understand the Export Services and Investor Resident Individual Tax Incentives
Before you decide between windsurfing or kitesurfing, it’s critical to understand how personal and corporate tax policy and rates apply to your scenario. You must consider several moving pieces (e.g., US taxes, PR taxes, entity structuring, and residency rules) to determine how you stand to benefit.
Act 60 Export Services Tax Incentive
"Move Your Business"
- 4% corporate tax rate (vs. ~21% US)
- 0% dividend tax rate (vs. ~23% US)
- If you have a net income of $1M in Puerto Rico vs. the United States, you could save $300K+ annually.
- Yes, if your business performs services in Puerto Rico for customers outside Puerto Rico.
- You must apply. The application fee is $1,005.
Act 60 Investor Resident Individual Tax Incentive
"Move Yourself"
- 0% capital gains tax rate (vs. ~20–40% US)
- If you own stock that appreciates $100K after moving to Puerto Rico, you get to keep all $100K of that gain.
- Yes, if you are a new resident of Puerto Rico.
- You must apply. The application fee is $5,005, with a $105 acceptance fee. There is also a $10,000 annual fee in the form of a 501(c)3 charitable donation.
- You must move to Puerto Rico and live here at least 183 days per year.
STEP 2
Learn About Puerto Rico and Becoming a Resident
Once you understand the tax programs, learn about Puerto Rico and what it takes to legally live here full time.
STEP 3
Request Our Downloads and Contact Us
Enter your email and we’ll send you our overview downloads and relocation resources.
Have a question? Reply to our email to speak with us directly, or contact us now to start the process of obtaining your tax decrees.
