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U.S. Territories Puerto Rico, Guam, U.S. Virgin Islands, etc.
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Old 04-28-2018, 07:49 AM
 
26 posts, read 15,918 times
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Quote:
Originally Posted by gronkforlife View Post
So part of the requirement is buying a residence within 2 years. Do most actually buy or just rent. What is the typical time line for building in Puerto Rico. Since it's an island does it take longer than normal?

Also just out of curiousity, do most actually live full time in PR or just the required 183 days? I mean how do they actually regulate or quantify how much time you actually spend there?
We fly in, spend all day shopping at the Mall of San Juan - Jimmy Choo, Caroline Herrera and Louis Vitton - then dine at Ariel and fly out the next day.
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Old 04-28-2018, 02:11 PM
 
52 posts, read 48,704 times
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Originally Posted by Chloe's Choice View Post
We fly in, spend all day shopping at the Mall of San Juan - Jimmy Choo, Caroline Herrera and Louis Vitton - then dine at Ariel and fly out the next day.
Sounds good to me...I wouldn’t mind spending a week or two or even a month. However the prospect of having to relocate there or spend the better half of the year there is out for me. As long as I can take advantage of the tax benefits that’s all I care about anyways.
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Old 04-28-2018, 03:35 PM
 
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Quote:
Originally Posted by gronkforlife View Post
Sounds good to me...I wouldn’t mind spending a week or two or even a month. However the prospect of having to relocate there or spend the better half of the year there is out for me. As long as I can take advantage of the tax benefits that’s all I care about anyways.
NO you don't have to stay there half the year. There isn't much to do in Puerto Rico so once we're done shopping we fly to one of the other islands, or back to the US.
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Old 04-28-2018, 05:13 PM
 
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Originally Posted by Chloe's Choice View Post
. There isn't much to do in Puerto Rico so once we're done shopping we fly to one of the other islands, or back to the US.
and then you wake up from your poser, bling filled dream, and take your EBT card down to the ATM.
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Old 05-27-2018, 01:11 PM
 
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Just found this if anyone else is interested in moving to PR for act 20/22 purposes!

https://www.the2022actsociety.org/forums/

cheers!
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Old 05-04-2020, 05:06 AM
 
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Default Act 2022 Free Forums

I hear that site is $5000 per year to join, a forum for only the "super rich."


There are quite a few free forums on Act 2022, so you can save your money.

Last edited by act22; 05-04-2020 at 05:57 AM..
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