Welcome to Puerto Rico—a 3,000-plus square-mile tax haven where US residents can enjoy zero capital gains tax and tax-free dividends on their investments and business distributions (Act 22).
And business owners can reduce their corporate income tax rate, which in many cases runs around 50% in the US (combined state and federal income tax) to just 4% (Act 20). That’s an over 90% reduction.
The fact is… Puerto Rico’s Act 20 and Act 22 tax incentives provide competitive benefits for US citizens that are not available anywhere else in the world. So now US citizens don’t have to renounce their citizenship and move to a more tax-friendly country to enjoy enormous tax benefits.
If you are new to Puerto Rico's tax incentives, click here to learn more.