Puerto Rico

Luxury properties in Puerto Rico

Puerto Rico is a U.S. Commonwealth territory in the northeastern Caribbean, home to about 3.2 million people, and one of the most compelling property markets in the world for American buyers — because it is, legally, American soil. U.S. citizens purchase without restriction, U.S. courts adjudicate disputes, and the U.S. dollar is the currency, so there is no foreign citizenship question at all for Americans — you are already home. For non-U.S. buyers, normal U.S. naturalization pathways apply. What makes Puerto Rico extraordinary is Act 60: a landmark tax incentive offering qualifying residents a 0% capital gains tax rate, a 4% corporate tax rate, and 0% tax on dividends and interest — benefits unavailable anywhere on the U.S. mainland. The United States tolerates dual citizenship and does not require the existing nationality to be renounced upon naturalization. From the cobblestoned streets of Old San Juan to the surf breaks of Rincón and the beaches of Vieques and Culebra, Puerto Rico offers the American legal system with a Caribbean soul.