Useful links to apply for Act 20 of 2012, Act 22 of 2012 for Puerto Rico tax decree

BEFORE moving to Puerto Rico or applying for any economic development incentives in Puerto Rico, you should first read this:

https://act20act22of2012.wordpress.com/danger-in-moving-to-puerto-rico-for-act-22-act-60-tax-incentives-its-no-longer-a-worthwhile-option-due-to-the-recent-amendments-which-are-an-unjust-underhanded-backdoor-tax-to-the-individual-inv

https://ogpe.pr.gov/freedom

Single Business Portal

Single Business Portal – Individual Investors Act – Act 22

ACT 20 – Export Services Act – for establishing a business

ACT 22 – Individual Investors Act

The Puerto Rican government rolled Act 20 and Act 22 under a new umbrella holding all the incentives, now called Act 60.

You can fill out the forms on your own to apply as an Individual Investor or waste $1000-2000 on a lawyer to fill out the forms for you.  I recommend doing it yourself, especially if applying for Act 22, because the forms are fairly straightforward.  Act 20, for the Export Services Act might need a lawyer consultation, as that one is more difficult.

You can apply for Act 20, Act 22, or both.

Some pointers:
You truly have to move to Puerto Rico and have a closer connection to Puerto Rico than the states for Act 22. The consequences for failing to comply mean that you would lose your tax benefits retroactively. You have to live 183 days or more in Puerto Rico, or at least live more days in Puerto Rico than the states.