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Puerto Rico is a prime location is the Southernmost point of the United States and an emerging economy under the Federal government’s jurisdiction in every possible way:
Puerto Rico is a prime location is the Southernmost point of the United States and an emerging economy under the Federal government’s jurisdiction in every possible way:
The Federal government wants you to invest your capital gains to impact underdeveloped areas, and nearly 100% of Puerto Rico is a designated Qualified Opportunity Zone. In addition to private capital coming into the island, the post-Hurricane María $42.5 billion in disaster aid allocated by Congress makes opportunity zones in Puerto Rico even more attractive.
Established companies express that one of the main reasons to relocate is the talent, loyalty and work ethic of local employees, plus the fact that they are highly educated and bilingual. Schools such as the University of Puerto Rico's Mayagüez campus are recruiting hotbeds for the likes of NASA, Bank of America, Hewlett Packard and Accenture, making Puerto Rico an engineering and science talent exporter.
Puerto Rico’s government has aggressively rolled out a welcome mat for individuals and companies who want to take advantage of operating from the island, utilizing the highly-skilled workforce and maximizing their returns. Some of the benefits of moving your business to Puerto Rico are:
Puerto Rico’s government has aggressively rolled out a welcome mat for individuals and companies who want to take advantage of operating from the island, utilizing the highly-skilled workforce and maximizing their returns. Some of the benefits of moving your business to Puerto Rico are:
These popular laws create a stable business environment by offering 10-year contracts that allow companies and individuals to plan ahead by knowing what their future tax rates will be. Puerto Rico tax incentives range from 0% tax on dividends, interest or capital gains for individuals to a 4% flat corporate tax rate.
States like Nevada and Florida may have 0% tax rates, but bonafide Puerto Rico residents are exempt from federal taxation.
Puerto Rico is experiencing a boom in industries such as telecom, transportation, logistics and trade, aerospace, energy, infrastructure, bioscience and services (i.e. business consulting, legal, etc.) The island's economic incentives and the quality of its labor force keep international giants such as Lufthansa, Pratt & Whitney and Medtronic growing their local operations.
Moving to Puerto Rico is a life decision that cannot be taken lightly, but the happiness expressed by the thousands who have is the best testimonial of what life in the tropics has to offer. Some of our benefits are:
Moving to Puerto Rico is a life decision that cannot be taken lightly, but the happiness expressed by the thousands who have is the best testimonial of what life in the tropics has to offer. Some of our benefits are:
If you are relocating your business to the island or simply thinking of Puerto Rico as a launchpad for something new, consider a Puerto Rico business partnership with us, your partner of choice.