4 ms·
What kind of hoops? If you're going to do a single transaction for $500k+ that is a huge difference...
by tmp192489 8y ago
What kind of hoops? If you're going to do a single transaction for $500k+ that is a huge difference...
- sokoloff 8y agoSeriously, read up on Act 20 and 22 (whichever applies). Don’t take random 2-minute internet blurbs on it. You enter into a contract with Puerto Rico, you move there, you make required donations, comply with the other rules as required. Set aside several evenings to do the basic reading, then if still interested, engage in a PR-based expert counsel to ensure you both understand and that you do everything correctly. For me, it would only make sense if the amount in question was mid 7 figures if you’re just doing it for taxes and didn’t otherwise want to live in PR.