Learn how the Act 60 Program works, how to apply as a business or individual, and how to move to Puerto Rico seamlessly.
Puerto Rico is more than just an island paradise with 4% income tax and 0% capital gains tax, thanks to Act 20 and Act 22 (now Act 60). To help with your diligence, we’ve distilled the latest and most important information about Act 60 and Puerto Rico relocation, all in one place for easy consumption, so that you can quickly determine if living in Puerto Rico is right for you.
Our Puerto Rico Relocation Guidebook provides needed clarity and explains how to apply for the tax incentives, relocate to Puerto Rico, and operate your business from there.
Readers will gain a detailed understanding of the following topics:
- Qualifying for Act 60 as a company
- Qualifying for Act 60 as an individual
- Operating an Act 60 business
- Moving to Puerto Rico
- Living in Puerto Rico
The authors, Samuel B. Silverman and Michael Schoenfeld, are graduates of Yale, Stanford, and UNC. After working at companies such as the Boston Consulting Group and AEA Investors, they now serve as the principals of PRelocate, a leading Act 60 consulting firm that has helped over 500 clients apply for the Act 60 tax incentives.
Disclaimer: Neither PRelocate, LLC, nor any of its affiliates (together “PRelocate”) are law firms, and this is not legal advice. You should use common sense and rely on your own legal counsel for a formal legal opinion on Puerto Rico’s tax incentives, maintaining bona fide residence in Puerto Rico, and any other issues related to taxes or residency in Puerto Rico. PRelocate does not assume any responsibility for the contents of, or the consequences of using, any version of any real estate or other document templates or any spreadsheets found on our website (together, the “Materials”). Before using any Materials, you should consult with legal counsel licensed to practice in the relevant jurisdiction.