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If you’re catering to Americans and might want to move beyond just short term stays, Puerto Rico might be a great option for tax reasons and that you don’t need
by dbish 5y ago
If you’re catering to Americans and might want to move beyond just short term stays, Puerto Rico might be a great option for tax reasons and that you don’t need a visa. There are infrastructure and other problems there, so choosing the right location is important, and having a plan when hurricanes show up as well.
- remyp 5y agoMost full-time American nomads claim the Foreign Earned Income Exclusion via the physical presence test, which would make anything on US soil a non-starter for them.
- BayAreaEscapee 5y agoPuerto Rico has its own tax system that you can elect instead of the United States Federal Income Tax. For some people this can result in a significant tax savings. https://nomadcapitalist.com/2018/06/02/puerto-rico-tax-incentives/ https://nomadcapitalist.com/2018/06/02/puerto-rico-tax-incen...