Tag Archives: Puerto Rico

Reduced EB-5 Investment Amount Available for a Limited Time

23 Jun
Puerto Rico

SAN JUAN, PUERTO RICO, UNITED STATES OF AMERICA, June 23, 2021 /EINPresswire.com/ — EB5 Affiliate Network (EB5AN), a leading EB-5 visa regional center operator and investment fund manager, announced today the immediate availability of a reduced $500,000 investment in Saltaire St. Petersburg Phase II (Loan), a premier EB-5 visa investment project. On June 22, 2021, Judge […]

What Puerto Rico Tells Us About Global Trade

10 Oct
Puerto Rico flag

Trade in tax often trumps trade in tasks. The United States compiles data about Puerto Rico’s trade with the world. The largest supplier of imports to Puerto Rico? Ireland. The second largest? Singapore. Tax trumps gravity, it seems. Incidentally, Switzerland jumped into third place in the 2016 league table, leaping past other exporters of chemicals and Puerto […]

Overseas Territories of the USA

05 Feb
The 16th-century Castillo San Felipe del Morro in San Juan, Puerto Rico - Overseas Territories of the USA

U.S. Census Bureau Daily Feature for February 6: Overseas Territories WASHINGTON, Feb. 6, 2017 /PRNewswire-USNewswire/ — Following is the daily “Profile America” feature from the U.S. Census Bureau: OVERSEAS TERRITORIES Profile America — Monday, February 6th. On this date in 1899, the Senate ratified the Treaty of Paris, concluding the Spanish-American War of 1898. The […]

Global Online Commerce and FATCA

05 Mar
Photographs from Maldives - FATCA

The fact is that the U.S. tax code can provide tax deferral on an overseas trading businesses but not on an overseas firms dealing in capital. The Foreign Account Tax Compliance Act (FATCA) does not define the difference between trade and capital. Therefore, the big operations overseas, or the very small ones for that matter, […]

An American in Paris (or Shanghai or Tel Aviv) – Part 3

05 Nov

How to retain your account in a Foreign Financial Institution A. Overview In my last installment, I discussed the benefits of a private placement insurance contract (life insurance or annuity) issued by a life insurer domiciled in Puerto Rico – Isla del Encanto – for Americans living overseas. Aside from providing tax-advantages, the Puerto Rican […]