Puerto Rico Highlights Long-Term Investment Strategy at New York Stock Exchange
NEW YORK, NY – August 25, 2026 — Governor Jenniffer González-Colón, joined by government and private-sector leaders at the New York Stock Exchange Opening Bell Ceremony, highlighted Puerto Rico’s strategy to compete for investment, businesses, and economic opportunities, including a framework to provide qualifying new resident investors with certainty through December 31, 2055.
Puerto Rico is strengthening its competitiveness as a destination for economic development within the United States while also providing greater long-term visibility to individuals considering relocating, investing, and establishing businesses on the Island. As an American jurisdiction with a competitive tax framework and skilled workforce, Puerto Rico is reinforcing its ability to attract capital, entrepreneurs, and businesses looking to invest and grow for the long term.
“Puerto Rico is competing for investment, businesses, talent, and opportunity, and we intend to win,” said Governor Jenniffer González-Colón. “Providing long-term certainty strengthens our ability to attract capital that can support new businesses, economic activity, and quality jobs on the Island. At the New York Stock Exchange, our message is simple: Puerto Rico is open for business, and we want investment that puts down roots, creates opportunity, and contributes to our long-term growth.”
The governor—who was welcomed by Will Goodwin, Head of Corporate Affairs at NYSE—was accompanied at the New York Stock Exchange opening ceremony by Secretary of Economic Development Carlos Ríos, Secretary of the Treasury Ángel Pantoja, and Puerto Rico Federal Affairs Administration (PRFAA) Executive Director Gabriella Boffelli, as well as private sector representatives from companies such as Paulson Puerto Rico, Evertec, and Banco Popular. This marks the first time the Government of Puerto Rico has participated in this ceremony.
Puerto Rico’s resident investor tax incentives have established a significant track record in attracting investment to the Island. From 2012 through 2024, more than 5,800 resident investor decrees were granted under Act 22 (2012) and its successor provisions under Act 60 (2019), according to the U.S. Government Accountability Office (GAO). GAO’s analysis also found that, among the resident investors it studied, average annual federal taxable income was 39% lower and average annual federal taxes paid were 46% lower after relocating to Puerto Rico — increasing the capital investors can retain and potentially deploy toward businesses, real estate, entrepreneurship, and other investments. Extending Act 60 through 2055 builds on that track record by providing qualifying new resident investors with the long-term certainty to make investment decisions, commit capital, and establish deeper economic ties to Puerto Rico.
Act 60 provides key local tax provisions for qualifying resident investors and businesses, including:
· A maximum 4% tax on qualifying Puerto Rico-source interest, dividends, and capital gains for eligible resident investors.
· A maximum 4% corporate tax on qualifying export services, providing a competitive environment for asset managers, hedge funds, private equity firms, insurers, technology companies, and other professional service businesses.
The Government of Puerto Rico is also actively working to enact Tax Fairness legislation that would establish a 4% Puerto Rico tax rate on capital gains, interest, and dividends for all Puerto Rico residents without the need of a tax decree application.
“When you look at Puerto Rico’s advantages over the long term, our opportunity goes far beyond incentives. We are offering certainty, the advantages of operating within the U.S. market, a talented workforce, and an environment where capital can be put to work,” said Carlos Ríos-Pierluisi, Secretary of the Puerto Rico Department of Economic Development and Commerce. “The extension of Act 60 through 2055 builds on that vision to attract investment, support businesses, generate economic activity, and give investors the certainty to make long-term decisions, which will ultimately generate growth and expand opportunities for Puerto Rico for years to come.”
The Government of Puerto Rico is also pursuing broader tax reforms intended to reduce the tax burden on Puerto Rico residents and businesses and ensure that the Island’s economic development strategy promotes both competitiveness and greater tax fairness.
The Long-Term Advantage for qualifying investors, the value of long-term tax certainty becomes particularly significant when compounded over time:
· A $10 million portfolio generating a 20% annual return compounds to approximately $1.9 billion over 30 years under Puerto Rico’s 4% tax framework.
· The same portfolio managed from New York City yields roughly $161 million over the same period — a difference exceeding $1.8 billion, based on a combined federal and local effective rate of 51.5% in New York versus 4% in Puerto Rico.
· Compared with Florida, the advantage exceeds $1.6 billion over 30 years.
The benefits of attracting investment extend beyond individual investors. By creating an environment where investors can establish long-term roots and retain capital for potential deployment, Puerto Rico strengthens the conditions for investment in businesses, real estate, entrepreneurship, and other economic activity across the Island.
“For the private sector, long-term certainty is a powerful competitive advantage,” said José Julio Aparicio, President of the Puerto Rico Chamber of Commerce. “Investors need confidence in the environment where they are committing capital, building businesses, and making decisions for the future. Extending Act 60 through 2055 provides that visibility and strengthens Puerto Rico’s ability to compete for investment. More capital coming to the Island means greater potential to support entrepreneurship, local businesses, job creation, and sustainable economic growth.”
Puerto Rico combines its competitive tax framework with the advantages of operating within the U.S. economic and legal system, including applicable Federal Deposit Insurance Corporation (FDIC) protections. U.S. citizens may relocate to the Island just as they would to any State, while qualifying investors and businesses can benefit from Puerto Rico’s tax incentives. Act 60 incentives are subject to applicable Puerto Rico and federal eligibility requirements, and prospective investors should consult qualified legal and tax advisors regarding their individual circumstances.
The participation of government and private-sector leaders at the New York Stock Exchange underscored Puerto Rico’s message to the U.S. investment and business community: the Island is competing for long-term investment, business growth, talent, and economic opportunity—and Puerto Rico is open for business.
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