Business Climate

An Ever-Growing Legacy of Business Excellence

Puerto Rico’s future is here today. The island accounts for a 60+ year legacy of excellence in bioscience and offers a wealth of opportunities in diversified sectors like technology, financial & professional services, and is further supported by a growing I&E ecosystem.

48%
of the economy is driven by manufacturing
#1
economy in the Caribbean by GDP ($113.4B)
1/3
of the GDP stems from finance, insurance, real estate, and professional services

A Familiar Playing Field

As a U.S. jurisdiction, Puerto Rico offers the same level of operational security, stability, and protections you’d expect from the United States, so you can invest with confidence.

  • The U.S. Dollar is the official currency
  • U.S. federal law, and all the framework and protections that go with it, apply in Puerto Rico; including intellectual property and patent protection
  • U.S. banking laws and regulations apply, including the credibility and protections by the Federal Deposit Insurance Corporation (FDIC). Also, the island is a different tax jurisdiction for IRS purposes.
  • Manufactured goods can be labeled as “Made in USA”

Key Sectors

Biosciences ❯

Puerto Rico has been a global powerhouse in bioscience for over 60 years, supported by an expanded cargo transfer flexibility that creates unique investment opportunities

Technology & ICT ❯

A highly skilled workforce, strong tech infrastructure (including an emerging 5G enabled IoT network), and a robust start-up and entrepreneurial community make this a thriving sector in the economy

Professional Services ❯

With everything from financial planning and call centers to back office support, Puerto Rico offers service providers an endless opportunity to succeed and grow

Finance & Insurance ❯

The island’s unique legal position makes it the perfect place to tap into international financial, banking, and insurance markets while benefiting from U.S. financial regulations

Creative Industries ❯

The vibrant creative industries economy is quickly expanding beyond music to include film, media, web, and software design

Adv. Manufacturing ❯

Puerto Rico emerges as a vibrant center for advanced manufacturing, hosting a rich array of sectors for the past 75+ years spanning pharmaceuticals, medical devices, aerospace, and electronics. It serves as an attractive destination for companies in search of a thriving, cutting-edge ecosystem conducive to production and advancement in the industry.

Aerospace ❯

The aerospace sector in Puerto Rico presents a compelling opportunity for businesses aiming to thrive in the industry, boasting expertise, infrastructure, and regulatory support tailored to aerospace needs. With a skilled aerospace workforce and state-of-the-art facilities, Puerto Rico offers an ideal environment for growth and innovation in the aerospace domain.

Energy ❯

Puerto Rico is establishing itself as a hub for renewable energy with a goal to reach 100% clean energy by 2050. With a pressing demand for innovative energy solutions and backed by unique tax incentives, the island emerges as a hotbed for innovation and investment in solar power, battery backup technologies, and other renewable sources.

Logistics ❯

An increasing number of businesses from around the world are coming to Puerto Rico to tap into the island’s infrastructure & logistics support, which is being strengthened in an on-going manner thanks to billions in federal investments.

Ag, Food & Beverage ❯

A new generation of farmershave launched farm-to-table restaurants, developed artisanal food products, and embraced sustainable farming techniques. This sector’s thirst for innovation represents unique investment opportunities

Ready to Invest?

Collaborate with entrepreneurs and innovators and transform your business in Puerto Rico.