Puerto Rico

[void]

If you like the heat, beach and especially if you can speak Spanish, consider act 60 in Puerto Rico or the U.S. Virgin Islands. You can get 0 income tax and 2-4% corporate tax. Capital gains tax is also 0%.

I am not sure what it would take to get it with your nationality, but I have PR residence as an Italian citizen.
Click to expand...

this comment of @ccm27 made me rethink the older idea of exploring and reconsidering Puerto Rico

how difficult is it currently to get long-term residence permit for EU citizen and what are the downsides (especially with respect to US law and potential contact with IRS)?

any other residents here?

​

 

[JohnnyDoe]

Cross the channel and go to the DR, it's better

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[void]

JohnnyDoe said:
Cross the channel and go to the DR, it's better
Click to expand...

DR didn't impress me much/enough - maybe 3 months was not enough, will surely give it another try and more time
if you have the experience with PR what are the key differences that make you choose DR?

 

[uplana]

Dominican Republic may be better infrastructure if you take the resorts and stay there compared to Puerto Rico where I believe (have never been there) is more like the wild west!

Toggle signature
Find help to the ultimate anonymous setup on OffshoreCorpTalk - Tried, Tested & Works
Need help to get things done, ping me inside the Mentor Group Gold forums.

 

[crassus54]

void said:
this comment of @ccm27 made me rethink the older idea of exploring and reconsidering Puerto Rico

how difficult is it currently to get long-term residence permit for EU citizen and what are the downsides (especially with respect to US law and potential contact with IRS)?

any other residents here?

​

Click to expand...

That's my old account.

You have to take into account the Puerto Rican domestic law (Hacienda) and the US IRS and Tax Laws.