As a U.S. territory with strong connections to the mainland, Puerto Rico is an ideal solution for reshoring advanced manufacturing operations. The island enjoys the stability and the legal and security protections of the mainland U.S., while maintaining its unique cultural identity.
The island’s assets help companies increase the resilience of their supply chains, reduce costs, and improve their bottom line, all while still operating within the U.S. market.
The pandemic and the ongoing geopolitical unrest exposed the vulnerability of critical supply chains. This has resulted in a renewed interest in reshoring manufacturing back to U.S. soil. Companies have found that in Puerto Rico they can optimize production by keeping their manufacturing facilities regional in scope and increasing logistical flexibility, all while making their operations more resilient and cost-effective.
Puerto Rico offers eligible companies and activities a range of incentives and tax benefits, including: