The World is Set to Discover a Unique Opportunity


If you are ready to discover a unique business destination, you are ready to discover Puerto Rico. Every passing day provides new evidence that Puerto Rico is the place to invest.

We have developed cutting edge programs that will further improve the quality of life and stimulate economic development. Our new Strategic Model for a New Economy (MENE for its Spanish acronym) is based on the following principles:
  • Restoring growth, on a short, medium and long term basis, across all economic sectors
  • Investing in developing a world-class infrastructure
  • Investing in strategic projects that increase private sector participation and Public-Private Partnerships
  • Addressing efficiency and functionality costs in ways that promote the island’s economic competitiveness and ability to attract investments

In this section, you will discover what makes Puerto Rico one of the best places to do business in the world.
Here is a link for you to download the PR Top Ten Reasons for Doing Business - Final (2).pdfPR Top Ten Reasons for Doing Business.

Puerto Rico: An Island of Opportunities

To invest is to grow. There are a myriad of factors that need to be taken into account when deciding whether to invest in any given place. Among the benefits of doing business in Puerto Rico are an efficient government that works hand in hand with companies, ease of doing business, a high quality of life and advanced infrastructure. Given our competitive advantage in these areas and current government efforts to optimize the island's potential for growth, the time to invest in Puerto Rico in now!

Competitive Advantages
  • Highly skilled, bilingual and productive labor force
  • Manufacturing wages 65-80% lower than mainland U.S.
  • A strategic location that serves as a gateway to the continental United States and Latin America
  • One of the busiest ports in the Western Hemisphere
  • Largest and busiest airport in the Caribbean
  • Robust and stable legal system
  • The highest standards of quality and service
World-Class Infrastructure
  • Port of San Juan #10 in container movement in U.S.
  • 4,300 cargo flights per month/1,800 weekly flights from San Juan International Airport
  • 139 industrial parks with 25 million square feet of space managed by the Puerto Rico Industrial Development Company (PRIDCO)
  • 24,000-mile highway network
  • 5,538 megawatt generating capacity
  • Water quality meets rigorous U.S. EPA standard
  • Fiber-optic telecommunications network
  • No passport required for U.S. citizens traveling to Puerto Rico
Institutional Framework
  • Legal safeguards and presence of U.S. federal court
  • Protection of intellectual property rights under U.S. law
  • Official currency is the U.S. dollar
  • Availability of banks regulated and insured by the FDIC
  • Part of the U.S. customs system
  • Part of U.S. free-trade agreements
  • Access to federal funds for infrastructure, social programs, education, research, and other areas
  • Homeland Security Act protection
Foreign Tax Structure
  • No federal income tax
  • Controlled Foreign Corporation (CFCs) tax treatment, in which federal income taxes are differed until repatriation of profits
  • Favorable local tax treatment and other incentives
Cost Advantages vs. Continental U.S.
  • On average, doing business in Puerto Rico costs 10% less than in the U.S.
  • Among the largest U.S. cities, San Juan has the lowest cost of doing business


 

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 Videos

 
Videos
  • Yanniplay
  • How about hereplay
  • Puerto Rico Does It Better play
  • Puerto Rico: Island of Opportunitiesplay
  • Puerto Rico: Quality of Lifeplay