Why Puerto Rico Still Offers Opportunity For Companies
The Caribbean has more to offer than great vacation destinations - it presents a good opportunity for those looking to start or expand their businesses in the Americas. Our United States Managing Director Jason Gerlis and Eliseo Roques-Arroyo from EDGE Legal look at why it's a good idea to do business in the island of Puerto Rico.
Puerto Rico's administration has implemented several incentives for businesses and individual investors to live, work and profit more freely. It is expected that by 2017 there will be an influx of entrepreneurs and financiers to Puerto Rico, investing around US $10bn in total, taking advantage of big tax savings and creating much-needed new jobs. Through the enactment of several laws to promote the export of services from Puerto Rico and the relocation of investors to Puerto Rico, an attractive framework has been established to attract new...
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