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Boroughs & Burbs 116 || A Guide to Puerto Rico
Manage episode 389529468 series 2814073
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Welcome to Boroughs & Burbs, your guide to Puerto Rico's thriving real estate scene in Episode 116. We're joined by experts Angus Beavers from Keller Williams and Alberto Baco-Bagué from Partnership for Modern Puerto Rico.
In this episode, we'll explore Puerto Rico's alluring tax incentives under Acts 20, 22, and 60, which can drastically reduce federal income taxes for high-net-worth U.S. citizens to as low as 0% - 4%. Act 60 offers a fixed 4% income tax rate and 100% tax-exempt capital gains.
We'll also spotlight Puerto Rico's luxury neighborhoods, including Dorado and Ponce, along with safe areas like Old San Juan, Miramar, Condado, Isla Verde, Ocean Park, Hato Rey, and Rincon.
Discover how these tax incentives are fueling real estate growth and how Puerto Rico's busiest airport is contributing to this expansion.
Join us on Boroughs & Burbs as we uncover Puerto Rico's real estate opportunities, enticing tax benefits, and the luxury neighborhoods that define this island paradise. Whether you're seeking a new home or investment, this episode is your guide to Puerto Rico's best.
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