FAQ

According to the IRS, to be considered a bona fide resident of Puerto Rico, you must meet the following criteria: If you meet all of these criteria, you will be considered a bona fide resident of Puerto Rico for tax purposes. This means that you will be subject to Puerto Rican income tax on your …

As per the IRS, what do I need to do to becoming a Bona Fide Resident of Puerto Rico Read More »

Act 60, Chapter 2, is a tax incentive program for individual investors who relocate to Puerto Rico. The program offers a 100% exemption from Puerto Rico income taxes on interest, dividends, and certain capital gains. To qualify for the program, investors must become bona fide residents of Puerto Rico. This means that they must spend …

Act 60 – Resident Individual Investor Read More »