The Purpose of the 20/22 Act Society

The 20/22 Act Society is a non-profit organization created to foster a sense of community among those moving to Puerto Rico to take advantage of Acts 20, 22 and 273. Our collective knowledge and trusted sources provide insight and resources to members for professionals such as attorneys, real estate agents, and accountants, as well as guidance to members on the necessary steps required when relocating to Puerto Rico.

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Act 20 – “The Export Services Act”

  • 4% corporate tax rate
  • 100% tax exemption on dividends or profit distributions
  • 100% exemption on property taxes
  • 0% property taxes – 100% exemption for initial 5 years

Act 22 – “The Individual Investors Act”

  • 100% exemption on all dividends & interest income
  • 100% tax exemption on all capital gains
  • 4% corporate tax rate

Puerto Rico Real Estate Incentives: Law 68 & 187

Purchasing real estate in Puerto Rico has never been better. Take advantage of Law 68 & 187 today:

  • Law 68: Promotes acquisition and investment into the housing market on the island LEARN MORE
  • Law 187: Exempts buyers from paying property taxes for five years as well as certain closing costs for the purchase of the new residence as a primary residence, second home or investment property.

“I am a believer in Puerto Rico. Puerto Rico has human capital, tradition, track record, infrastructure, innovation capacity, civil society leadership, and export capacity. It seems that Puerto Rico has everything it takes to positively tackle its current dilemmas, and believe it will, or I wouldn’t be here today.”

Nicholas Prouty Managing Partner of Putnam Bridge

Source: www.caribbeanbusinesspr.com

“It’s not about how much money you have to invest. It’s how much you have to reinvest. And a big part of that is how much you have left over after taxes. Here in Puerto Rico, you could have much more left over, and many more opportunities to invest.”

Alex Daley, Chief Technology Investment Strategist

Source: www.internationalman.com

“This is the moment, and the time is now. You are part of Puerto Rico’s second grand economic transformation”

Alberto Bacó-Bagué Secretary of Department of Economic Development and Commerce of the Commonwealth of Puerto Rico

Source: prinvestmentsummit.com

“I think tomorrow the island will develop into the Singapore of
the Caribbean.”

John Paulson, Hedge Fund Manager, who plans to invest $1 billion in Puerto Rican projects over this year and the next.

Source: cnbc.com