3 ms·

Not even remotely true in any sense and doesn't even deserve a reply.

doodlebugging 3y ago
I'm not sure where you get your information but it is quite true that well-heeled Americans have sold out on the mainland and moved to plush locations in Puerto Rico over the last ten years to escape not only taxes here, but also what they see as the coming social disruptions that will place them and their wealth and family's safety at risk. Several who previously ran their newsletter empires from DelRay Beach, Florida or similar locations based on the US's SE penisula. (LOL) For them Puerto Rico is the perfect place to be to retain their American citizenship, eat fantastic food, enjoy an awesome lifestyle at a large discount, while avoiding tax liabilities. Libertarians who operate investment newsletters have been touting the advantages of selling out here and moving to PR for years. They are not alone, as pastor_bob notes there are plenty of other people with the means and the opportunity to flee the mainland so they can watch it burn down from a distance while still enjoying the benefits of citizenship but in a more tax-advantageous location. It was actually pretty funny reading their bitching about the state of things on the island after Hurricane Maria. Motherfuckers actually had to endure hardships getting their internet access restored so they could publish their rags and then they filled them with gripes about what a hardship it was dealing with the disaster even though they kept themselves isolated in their compounds so they never saw the true scope of the devastation that PR natives endured. Fucking Grifters.
- boredumb 3y ago
  There are plenty of people who move and live in puerto rico for all, some or more of the reasons you listed. None of which detracts from the fact that puerto rico is full of people with more than enough education and technical knowhow to build things and prosper, there are also tech companies that are here and not just running jake paul crypto schemes despite the non-stop media and political talking points trying to place blame on decades of poor decisions onto a youtuber and foreigners.
  - doodlebugging 3y ago
    Yes. I agree with this but wanted to point out that PR residency comes with attractive incentives for wealthy people and many have elected to take advantage of those incentives. Puerto Rico also has had corruption problems that may or may not be linked to the classical problems of people appointing friends to positions, inefficient allocation of resources such that wealthier areas are better maintained and have more of the ear of the government when it comes to acquiring resources to keep things maintained. Nothing involving governments is ever totally perfect or fair so there will always be a situation where it is who you know that counts. After Maria, the federal response to the destruction was inefficient and inadequate to restore things to their previous state. As you find in any disaster on the mainland, the cleanup operations failed to vet contractors to insure that those doing the work actually had experience managing a complex process like hurricane cleanup and as a result there was massive waste. That's become the normal condition for US post-disaster operations so this is not a knock on PR at all. I would love to visit. I have read a lot about it. One day it might happen. Good luck to all who choose PR as their home.
jjav 3y ago
There is truth there. For much better reporting than a quick comment on HN, for anyone who really is interested, follow the documentaries by reporter Bianca Graulau who is doing a great job at building awareness of the problem. https://www.youtube.com/c/BiancaGraulau/videos https://www.youtube.com/c/BiancaGraulau/videos

I'm not sure where you get your information but it is quite true that well-heeled Americans have sold out on the mainland and moved to plush locations in Puerto Rico over the last ten years to escape not only taxes here, but also what they see as the coming social disruptions that will place them and their wealth and family's safety at risk. Several who previously ran their newsletter empires from DelRay Beach, Florida or similar locations based on the US's SE penisula. (LOL) For them Puerto Rico is the perfect place to be to retain their American citizenship, eat fantastic food, enjoy an awesome lifestyle at a large discount, while avoiding tax liabilities. Libertarians who operate investment newsletters have been touting the advantages of selling out here and moving to PR for years. They are not alone, as pastor_bob notes there are plenty of other people with the means and the opportunity to flee the mainland so they can watch it burn down from a distance while still enjoying the benefits of citizenship but in a more tax-advantageous location. It was actually pretty funny reading their bitching about the state of things on the island after Hurricane Maria. Motherfuckers actually had to endure hardships getting their internet access restored so they could publish their rags and then they filled them with gripes about what a hardship it was dealing with the disaster even though they kept themselves isolated in their compounds so they never saw the true scope of the devastation that PR natives endured. Fucking Grifters.

boredumb 3y ago
There are plenty of people who move and live in puerto rico for all, some or more of the reasons you listed. None of which detracts from the fact that puerto rico is full of people with more than enough education and technical knowhow to build things and prosper, there are also tech companies that are here and not just running jake paul crypto schemes despite the non-stop media and political talking points trying to place blame on decades of poor decisions onto a youtuber and foreigners.
- doodlebugging 3y ago
  Yes. I agree with this but wanted to point out that PR residency comes with attractive incentives for wealthy people and many have elected to take advantage of those incentives. Puerto Rico also has had corruption problems that may or may not be linked to the classical problems of people appointing friends to positions, inefficient allocation of resources such that wealthier areas are better maintained and have more of the ear of the government when it comes to acquiring resources to keep things maintained. Nothing involving governments is ever totally perfect or fair so there will always be a situation where it is who you know that counts. After Maria, the federal response to the destruction was inefficient and inadequate to restore things to their previous state. As you find in any disaster on the mainland, the cleanup operations failed to vet contractors to insure that those doing the work actually had experience managing a complex process like hurricane cleanup and as a result there was massive waste. That's become the normal condition for US post-disaster operations so this is not a knock on PR at all. I would love to visit. I have read a lot about it. One day it might happen. Good luck to all who choose PR as their home.

jjav 3y ago

There is truth there. For much better reporting than a quick comment on HN, for anyone who really is interested, follow the documentaries by reporter Bianca Graulau who is doing a great job at building awareness of the problem. https://www.youtube.com/c/BiancaGraulau/videos https://www.youtube.com/c/BiancaGraulau/videos