Puerto Rico (Spanish for 'Rich Port') is an island territory of the United States of America. There are 3.2 million inhabitants and the capital city is San Juan.

Puerto Ricans have been U.S. citizens since 1917, and can move freely between the island and the USA mainland.

The maximum length of the main island from east to west is 110 mi (180 km), and the maximum width from north to south is 40 mi (64 km).

Residency & Citizenship In Puerto Rico

How Long Can a Non-Resident Stay In Puerto Rico?

The U.S. Department of State has a Visa Waiver Program (VWP) allowing citizens of participating countries to enter the United States (and Puerto Rico) without a visa for stays of up to 90 days.

Can I Apply to Extend My Visa?

Visitors wanting to stay longer than 3 months can apply for an extension.

How to Become a Puerto Rico Resident?

Individuals who are retired from work, financially independent and a person of good character can apply for Puerto Rico permanent residence.

How to Become a Puerto Rico Citizen?

U.S. citizens can reside in Puerto Rico indefinitely, so there is no need to apply for a Puerto Rican citizenship certificate.

Individuals who have permanent residency and have resided in Puerto Rico are eligible to apply for a citizenship certificate.

Buying Property In Puerto Rico

Can Foreigners Purchase Property In Puerto Rico?

There are no restrictions on foreign buyers acquiring real estate in Puerto Rico. The Government of Puerto Rico welcomes investment from overseas investors.

Property Buying Process

Search for your perfect property.

Make an offer to purchase the property with the Real Estate Agent.

Engage a lawyer to perform a title search and land survey.

After signing the Agreement for Sale, pay a 5 to 10% deposit.

On settlement pay all taxes and fees.

Pay the balance of the purchase amount.

What are the Property Fees & Taxes?

Legal Fees

Please seek the advice of a local lawyer. Legal fees depend on the complexity of the transaction and the amount of work performed.

Property Transfer Tax

The buyer pays the property transfer tax

Capital Gains Tax

There is no capital gains tax on the sale of a property in PR, for Puerto Rico residents.

Inheritance Tax

No inheritance or gift taxes are levied in Puerto Rico and Tobago.

Sales Tax

Sales tax on goods and services is 11.5%.

Income Tax

Puerto Rican residents are taxed in Puerto Rico on their worldwide income.

Puerto Rico non-residents only pay PR taxes on their income sourced on the island.