If you're thinking about moving to Puerto Rico for the tax benefits provided by the Act 20/22 legislation, you might want to get your paperwork in now. On January 1st, 2020, the law changes such that to take advantage of the act:
a) you must buy a house
b) you must employ at least one person
c) you must make an annual charitable donation of at least $10000
...aka you must be relatively wealthy. Whereas if you apply now, you will be grandfathered in.
https://relocatepuertorico.com/2020-changes-to-act-20-22-new-incentives-code-of-puerto-rico/
a) you must buy a house
b) you must employ at least one person
c) you must make an annual charitable donation of at least $10000
...aka you must be relatively wealthy. Whereas if you apply now, you will be grandfathered in.
https://relocatepuertorico.com/2020-changes-to-act-20-22-new-incentives-code-of-puerto-rico/