About Puerto Rico

Puerto Rico: a Unique Tropical Paradise with Equally Distinctive and Attractive Tax Incentives

Facts and General Information:

  • With an area of 3,500 square miles (approximately) Puerto Rico is the third largest island in the United States (after Hawaii Island-Hawaii and Kodiak Island-Alaska) and the 82nd largest island in the world

  • Puerto Rico with an estimated population of 3.2 million people is a United States jurisdiction in the Caribbean that has been historically known as an economic and social bridge between the Western Hemisphere nations. San Juan is the Capital City.

  • On March 2, 1917, President Woodrow Wilson signed the Jones Act granting U.S. Citizenship to Puerto Ricans 

  • US citizens travel domestically between Puerto Rico and the US mainland

  • Puerto Rico’s official and only currency is the US dollar

  • All U.S. banking regulations and protections provided by the Federal Deposit Insurance Corporation (FDIC) apply in the island of Puerto Rico

  • The jurisdiction is under the U.S. Federal Court System and Laws

  • U.S. federal law, its framework and protections apply in Puerto Rico

  • The Puerto Rican government has legislated an impressive array of incentives to attract investment

  • Due to Puerto Rico’s fiscal autonomy, the local government has been able to offer inviting tax incentives that are not available in the U.S. mainland, other states, and territories

Compare Listings