This is a sponsored post written by me on behalf of Puerto Rico. All opinions are 100% mine.
It’s often the white sand beaches and azure ocean scenery that lands Puerto Rico in the news. But lately, the Caribbean island has received a lot of positive attention from the business world. Why you ask? Because even in the turbulent world we live in today, the territory has managed to create an aggressive economic and tax-incentive program for businesses looking to set up shop in paradise. Looking to make money? It’s happening in Puerto Rico
Many business owners in the contiguous United States have cited the following reasons for making the move to Puerto Rico: 4% corporate tax rate; 100% tax exemption on dividends or profit distributions; 100% exemption on property taxes; 100% tax exemption on all dividends and interest income; 100% tax exemption on all capital gains.
The best part of all? When investors bring their company to Puerto Rico, they are legally guaranteed to get these benefits. After all, as a U.S. territory, these agreements are protected by United States law.
And one of the best parts of doing business in Puerto Rico? The golf! With hundreds of courses throughout the island, and over 300 miles of beaches, your quality of life is bound to improve.
For folks with families, the good news is that high-quality English and bilingual schools are plentiful. Plus, the healthcare system is on par with what you would expect back in the lower 48 states.
Whether you are looking to do business in San Juan, Cullebra or Fjardo, these aggressive incentives make it the “tiempo perfecto” to bring your enterprise to Puerto Rico.