The Resident
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requirements to become a bona fide resident.
Many mainlanders are drawn to the beauty of Puerto Rico and the tax breaks.Maremagnum/Getty Images
- Puerto Rico's Act 60 offers tax incentives and is attracting wealthy Americans to the islan… [+6061 chars]
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