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Saturday, December 14, 2019

Puerto Rico publishes list of qualified commercial activities for Opportunity Zones

SAN JUAN – Puerto Rico’s Opportunity Zones Priority Projects Committee has released the list of qualified commercial activities under the federal legislation...

NY Fed to launch ‘Investment Connection’ program.

The New York Federal Reserve's Manhattan headquarters. (Credit: www.wikipedia.org.)The New York Fed announced it is launching its...

Almost 1,400 companies have settled in Puerto Rico since Act 20...

A total of 1,387 companies have moved to Puerto Rico since Act 20 was enacted in 2012. According to the latest data, 2018 experienced...

P.R. Gov’t Invites Private Entities To Learn Of The Benefits of...

The executive director of the  Puerto Rico Fiscal Agency and Financial Advisory Authority (Aafaf by its Spanish acronym), Christian Sobrino Vega, issued a release Friday,...

The Challenges In Attracting Investment To The Caribbean & Puerto Rico

The following article was published by El Nuevo Dia on January 31,2019.In Puerto Rico, less than 2 percent of commercial banks loans go to...

Opportunity Zones’ Investment Is Heating Up Across America

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 Zones Benefits For Puerto Rico

Investors, bankers, investment funds, developers, construction entrepreneurs and heads of agencies of the Puerto Rican Government met yesterday in San Juan to discuss the...

Puerto Rico An Opportunity Zone

The IRS recently announced some changes to the Opportunity Zone regulations. As a result, almost the entire territory of Puerto Rico is now designated...

Two New Opportunity Zones Added in Puerto Rico

The United States Department of the Treasury announced that two new regions in Puerto Rico were designated as Qualified Opportunity Zones (QOZ).One of the...

Billion-Dollar Tax Break Could Give Puerto Rico False Hope

One of the biggest breaks created by last year's tax law sits in Puerto Rico, a hurricane-ravaged island desperate for a recovery. But some...