With tax incentives for businesses, like Act 20 for export services, and for investors, such as Act 22, you may be eligible to save on taxes while enjoying the beauty of living on a tropical island. Learn more about the incentives, moving to Puerto Rico, and life on the island with our Guides and Articles. You can also find trust-worthy service providers who are familiar with the Act 20/22 community.
As a new resident of Puerto Rico you will need to inform the IRS of your move and becoming a bona fide resident of the territory. This is done with IRS Form 8898 and includes a range of questions about your move and income.