Explore the top reasons why and how Puerto Rico enables the success of your entrepreneurial vision.
Puerto Ricans are bicultural and bilingual. They are fluent communicators and can approach the global business community attuned to the subtleties of cultural differences.
The highly educated and skilled workforce is drawn from an academic ecosystem of more than 80 universities and colleges. Each year, more than 60% of university graduates are in the STEM fields. Also, the University of Puerto Rico at Mayagüez’s engineering program earns top ranks in chemical engineering and for graduating women engineers.
A community of collaborators reaches far beyond conventional places:
Puerto Rico’s favorable business environment delivers attractive tax benefits. The Puerto Rico Incentive Code (Act 60) harmonizes business incentives and facilitates accessing 15-year tax decrees for a wide range of eligible activities. These incentives support operating costs, job creation, and growing specialized talent in Puerto Rico. Also, individuals drawing their income from Puerto Rican companies are exempt from federal income taxes.
What makes the island stand apart from other investment destinations?
These and other factors are the reason why businesses in bioscience, information and communications technology, aerospace, export services, insurance, finance, tourism, manufacturing, and others come to Puerto Rico to accelerate their success.
Puerto Rico is accessible from major cities in the U.S., Europe, and Latin America, providing logistics and shipping routes between Europe, Africa, and the Americas. Three international airports support the Island as a global logistics hub for cargo and passengers.
Also, existing cold chain logistics infrastructure will be strengthened with planned developments to the Island’s airports and expanded bioscience warehousing & distribution capabilities.