Monthly Archives: May 2020

Act 22, Act 60, Act 20, Individual Investors Act. Are the potential tax savings worth being a potential victim of crime, worth the risk of a corrupt government ratcheting up the annual fees, worth a lower quality of life in Puerto Rico?

Don’t believe the promoters posting picturesque photos on their websites, or telling you Puerto Rico is a paradise.  After decades of corruption, fiscal mismanagement, declaring bankruptcy in 2017, Puerto Rico is a risky place to live.  Due to the shortage … Continue reading

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Act 22, aka Act 60, Individual Investors Act – With $15,000 and growing in annual fees to be in the program, is it still worthwhile to move to Puerto Rico?

For the “super rich” it is still worthwhile to move to Puerto Rico for the Individual Investors Act.  For those who are not “super rich” moving to Puerto Rico may no longer be worth it, now that the annual fees … Continue reading

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Act 20/22 Still Going Strong, Numbers Climbing

Economist José Caraballo Cueto, quoted in the article below, is seriously mistaken.  Almost no one who moved here for Act 22 would have moved here if the Individual Investors tax rate was 15%.  They would have instead moved to a … Continue reading

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Encanto Group to Invest $200 Million in Puerto Rico Resort – Punta Candelero Beach Resort

Investors buy Punta Candelero Beach Resort Investors buy Punta Candelero Beach Resort March 11, 201401310 Solarea is an exclusive new resort development offering 74 luxury beach condo residences for sale in Palmas del Mar. Puerto Rican investment firm Encanto Group … Continue reading

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Act 22, aka Individual Investors Act, annual compliance fee raised from $300 to $5000! Puerto Rico Government Cannot be Trusted!

Act 22 annual compliance fee raised from $300 to $5000! What is to stop the Puerto Rican government from ratcheting up the annual compliance fee further in the future. This is an indirect, underhanded, backdoor tax on decree holders that … Continue reading

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Nearly 1,400 companies have settled in Puerto Rico since Act 20 was enacted

https://caribbeanbusiness.com/nearly-1400-companies-have-settled-in-puerto-rico-since-act-20-was-enacted Nearly 1,400 companies have settled in Puerto Rico since Act 20 was enacted By Caribbean Business on March 6, 2019 (Screen capture of http://www.bdopr.com) SAN JUAN– A total of 1,387 companies have moved to Puerto Rico since Act 20, … Continue reading

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Report: Since 2015, fiscal impact of Act 20 incentives is $210 million

https://caribbeanbusiness.com/report-since-2015-fiscal-impact-of-act-20-incentives-is-210-million Report: Since 2015, fiscal impact of Act 20 incentives is $210 million By María Miranda on November 12, 2019 DDEC Secretary Manuel Laboy and Estudios Técnicos CEO José “Joaquín” Villamil (María Miranda/CB) Stresses that ‘Act 22 grantees are no … Continue reading

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Reddit has a free forum for Act 20, Act 22 discussions. Don’t waste $5000 on a forum when you can get similar information for free about the Individual Investor Act decree! Reddit Act2022

https://www.reddit.com/r/act2022 Puerto Rico Act 20 / 22 Tax Incentive Information To preserve anonymity, both on here and Reddit, you can create a username.  It doesn’t have to be your real name.  In other forums, you have to use your real … Continue reading

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