citizens, this can represent significant savings. If you pass all three tests, you’ll establish bona fide residence, which means you’ll only pay Puerto Rico income tax. – Does your family live in Florida?)įor more information on meeting these three tests, head to the source: IRS Form 570, Section 1, Bona Fide Residence. The closer connection test – Do you have closer connections in a place other than Puerto Rico? (e.g.The tax home test – Where is the your main place of business, employment, or post of duty?.The presence test – Where were you physically present during the tax year?.To establish what’s called “bona fide residence” in Puerto Rico, there are three tests you’ll need to pass: Note: The island takes the residency requirement for these laws very seriously. You can also find bilingual private schools, as well as those that teach primarily in English. If you’re bringing children to Puerto Rico, Spanish is the common language spoken in Puerto Rico’s public schools, although English is part of the regular curriculum.If your business will regularly engage with Puerto Rico’s residents, speaking Spanish-or having an employee on hand who does-will ease the flow of commerce. Additionally, most of the official forms you’ll need to complete come in both Spanish and English. If you’re thinking of starting a business, you’ll find that many professionals in Puerto Rico speak English.
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vii) Additionally, if you’re living in and around the capital of San Juan-or other areas with plenty of tourists-you’ll likely hear a great deal of English spoken. About half of the island’s population speaks English regularly.vi (Compare that to a country like India, which has about a 10% English-speaking rate. However, know that both Spanish and English have been adopted as official languages of the territory.
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v If you want to fully immerse yourself in Puerto Rico’s unique culture, learning Spanish will go a long way. In fact, 95% of people in Puerto Rico speak a language other than English at home. Dig into some lechón (whole roasted pig), mofongo (a unique dish made from a base of fried, mashed green plantains), or a tripleta (a three-meat sandwich) and you’ll still only be scratching the surface of all the gastronomic wonders that Puerto Rico has to offer.īeing able to speak and understand Spanish will ease your transition to Puerto Rico, since Spanish is the most widely spoken language on the island. Puerto Rico also sports an active art scene, as well as a thriving culinary culture with unique dishes you won’t find anywhere else.
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If you’re not familiar with the Taíno, this indigenous people inhabited Cuba, Jamaica, Hispaniola, Puerto Rico, and the Virgin Islands prior to European arrival. You’ll also find a rich and unique culture in Puerto Rico, which combines influences from Spanish, African, Caribbean, and Taíno traditions. Unlike other areas where it might take time to make new friends (“ Seattle Freeze ,” anyone?), many have found it easy to integrate socially in Puerto Rico. Those who have moved to Puerto Rico have reported that they’ve felt very welcomed by the island’s residents. A Friendly, Lively Local Culture to Enjoy