Puerto Rico Opportunity Zones

Puerto Rico Opportunity Zones Find Real Estate In Opportunity Zones.

29/11/2020

The application for priority projects through the Single Business Portal (SBP) is still available for investors, after the Regulation of Opportunity Zones in

20/06/2020

The 20/22 Act Society, an organization composed of investors relocated to Puerto Rico under the decrees of laws 20 and 22 of 2012 , initiated a legal action for breach of agreements and contracts established when the laws were promulgated with said investors.

31/01/2020

Economic Development and Commerce Secretary Manuel Laboy announced the publication for the review by the general public of the regulation that implements the provisions of sections 6070.54-6070.69 of the Opportunity Zones benefits of the Puerto Rico Incentives Code.

19/01/2020

These final changes make it even easier for investors to take advantage of the substantial tax benefits.

20/12/2019

The tax exemptions that the Puerto Rican government intends to offer investors through the Opportunity Zones law “may not comply” with the Fiscal Plan. Tax credits of up to 25 percent and exemptions in the payment of municipal patents were indicated by the Fiscal Control Board as a “cause for ...

01/12/2019

Aiming to boost investment in residential real estate into Opportunity Zones, the Department of Housing and Urban Development announced late last week that it is increasing the amount of money borrowers can roll into a Federal Housing Administration loan to pay for rehabilitating their home.

14/11/2019

MELBOURNE, FL—Locally-based Arch Real Estate Holdings Corp. reports its qualification as a qualified opportunity zone business for its $700-million real estate fund geared to providing affordable housing in Puerto Rico.

21/08/2019

SAN JUAN – Puerto Rico’s Opportunity Zones Priority Projects Committee has released the list of qualified commercial activities under the federal legislation that provides tax benefits for investing in low-income communities. Ninety-seven percent of the island was designated an Opportunity Zone.

01/02/2019

The 6th edition of the Puerto Rico Investment Summit, scheduled for February 14 and 15, 2019 in San Juan, will bring together tax experts, government officials, early adopters, innovators, and business leaders to share their experiences and expertise on all the opportunities that Puerto Rico has to....

22/01/2019

A recent article on Bloomberg.com discusses the recent “fervor” about opportunity zones and how it is heating up across the country. As we have posted, an Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential ta...

22/01/2019

Investors, bankers, investment funds, developers, construction entrepreneurs and heads of agencies of the Puerto Rican Government met yesterday in San Juan to discuss the benefits of the federal program Opportunity Zones for Puerto Rico. The event was organized by the Puerto Rico Builders Associatio...

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