Top 10 reasonS TO INVEST IN PUERTO RICO
MOVE YOUR OFFICE TO THE BEACH, PUERTO RICO IS OPEN FOR BUSINESS
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1. Strategic Location
- Between the Caribbean Sea and the Atlantic Ocean
- Midway between North and South America, the perfect bridge of both continents
2. Pro-Business Tax Climate
- Benefit of operating in U.S. jurisdiction with tax benefits of a foreign tax structure
- Maximum corporate taxes reduced to 25% in 2014
- Manufacturing & export services enjoy a 4% fixed income tax rate
- Pioneer activities receive a preferential tax rate of 0% - 1%
3. Aggressive Incentives
- Several incentive acts attract Foreign Direct Investment in sectors including: manufacturing, tourism, export services, insurance, financial services, agriculture, hospitality, hotel development and renewable energy
- Ranked top 15 FTZ’s in U.S. – Nat’l Assoc. of Foreign Trade Zones
4. Legal System and Political Stability
- Puerto Rico’s banking system is regulated under U.S. laws (FDIC)
- Puerto Rico operates under the U.S. legal framework and intellectual property protection
- Access to federal programs and funds
5. Strong Business Ecosystem
- U.S. Dollar is the official currency & full presence of international banks
- No passport required & official languages are English and Spanish
6. World-Class Infrastructure
- Mass transit system recognized by U.S. Federal Transit Administration
- Most technologically advanced convention center in the Caribbean and Latin America
- Island-wide broadband service, under-sea fiber optic cable and robust satellite systems
7. Global Competitiveness
Competitiveness Report ranked Puerto Rico 35/143 countries in the world
8. Low Cost of Doing Business
- San Juan has the lowest cost of doing business among the largest U.S. cities
- Lowest labor costs of any region under U.S. jurisdiction
- Hourly earnings in manufacturing average 65% to 80% of U.S. average
9. Skilled Workforce
- Highly educated, productive and bilingual workforce
- University of Puerto Rico at Mayaguez, premier engineering and science institute of the Caribbean and Latin America, ranks first in graduating Hispanic engineers
10. Superior Lifestyle
- “Most attractive people, best food, drinks and restaurants”
“Culebra Island ranked one of the 25 best secret islands on earth.”
Travel & Leisure Magazine
- Over 23 golf courses designed by Robert Trent Jones, Greg Norman and Tom Kite