Puerto Rico Tax Act 60 | Business Opportunities and Tax Incentives in the Caribbean

Several Caribbean Islands are offering VISA and incentive programs to attract remote workers, digital nomads, and other entrepreneurs that bring their job and income with them. Countries such as Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Caymen Islands, and Montserrat have temporary resident VISA programs to encourage these remote workers to live in the Caribbean and contribute to their economy.

For many years, Puerto Rico offered Tax Act 20 for businesses and Tax Act 22 for Individuals to entice U.S. citizens and permanent residents looking for sun and tax savings. The program is now expanded under the Tax Act 60 to include more industries and business opportunities. Residents already living on the island or anyone that wants to move to Puerto Rico may benefit from these incentives.

If living in the Caribbean sounds like the ideal life to you, read on to determine whether the Tax Act 60 incentives and tax exemptions are right for you.

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Moving and Shipping items to Puerto Rico

Moving Guide and resources to efficiently ship items to Puerto Rico, including artwork, antiquities, and vehicles.
Best Shipping Options for Puerto Rico; Auto transport, Furniture & household goods, Business moves, Island wide moving services, and online shipping options.

There is no shortage of reasons to move to Puerto Rico, whether it’s the year-round beach lifestyle, the vibrant Hispanic culture, or the many tax incentives the Puerto Rican government offers. However, to reap the benefits of a life in Puerto Rico, you have to wade through a myriad of bureaucratic procedures, and moving your belongings to Puerto Rico—particularly the big ones, like furniture—can be quite the undertaking. Of course, you could also just sell your possessions and buy new ones in Puerto Rico, but if you’re not ready to part with the relics of your old life, you’ll have to hit up the transportation companies.

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Moving to Puerto Rico | Start Here

Start here if you are thinking about Moving to Puerto Rico. Information on Cost of Living for Housing, Utilities, Groceries, Transportation, Healthcare, and more!

Are you dreaming of island life? You are not alone!

Before you pack up and move to Puerto Rico, you probably want to know about Cost of Living, Safety, Healthcare, and a million other details!

Before we moved to Puerto Rico, there really wasn’t much information available online and I had no idea who to ask. Speaking with Puerto Ricans that moved to the US helped me to understand some of the challenges (lack of jobs in PR) and some of the cultural differences, but we really had no idea what we were getting into until we officially moved here.

These are my tips learned in the past few years living in Puerto Rico, information that I wish I had known before moving and trying to adjust to my new island life. The purpose of this information is to guide you through the challenges of island life and help set expectations for your move to the Island of Enchantment!

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Healthcare in Puerto Rico | Medical Care Living in Puerto Rico

Helpful health tips and information for both visitors and new residents living in Puerto Rico.

Puerto Rico is a US Territory, and it seems more like a foreign country when it comes to healthcare. Here is everything about medical care, prescriptions, and laboratory tests that I wish I had known when we moved to Puerto Rico. Here are some helpful health tips and information for both visitors and new residents living in Puerto Rico.

Living in Puerto Rico - Medical and Healthcare information

Healthcare for Visitors

The first time that my parents visited Puerto Rico, my Father ran out of his prescription insulin. His prescription and corresponding refill was through Walmart and we assumed that not only would Walmart US and Walmart Puerto Rico be the same, that also the US Medicare healthcare program would be the same. We never did get consistent information, but long story short, the insurance would not cover his prescribed insulin but did offer a lower dose insulin (without prescription) for less than the regular co-pay. The crisis was diverted and now my Father always verifies his insulin and all medication before coming to visit Puerto Rico.

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10 Easy and Actionable Last Minute Hurricane Preparation Tips to Keep Your Family and Home Safe

What last minute preparation can you do as the storm is charging at you? Here are 10 easy and actionable ways to prepare for the impending hurricane so that you survive and thrive in the hurricane (or other natural disaster).

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