News & Analysis as of

Export Services Act

Gerald Nowotny - Law Office of Gerald R....

Almost Puerto Rican!

A View of San Juan from Nashville- Enjoying the Benefit of Puerto Rican Tax Incentives While Remaining Home - Overview - By now most of the readers know that I grew in Panama Canal Zone. As an American growing up in the...more

Gerald Nowotny - Law Office of Gerald R....

La Salsa Nunca Se Acaba (Salsa Never Ends)

Act 20 and Act 22 in the Aftermath of Hurricane Maria – The Contrarian’s Nirvana - Overview - By now every American is aware of the hurricane devastation in Puerto Rico. The PR’s 9/11 occurred on September 20, 2017....more

Bilzin Sumberg

Inbound and Outbound U.S. Tax Planning for Bona Fide Residents of Puerto Rico

Bilzin Sumberg on

Since Puerto Rico enacted the “Individual Investors Act” (Act 22) and the “Export Services Act” (Act 20) in 2012, much press has been devoted to the number of high-net worth U.S. taxpayers (including citizens and green card...more

Gerald Nowotny - Law Office of Gerald R....

The Boricua Option – The Taxation of Incentive Stock Options (ISOs) as a Puerto Rican Resident - Another Good Reason to Move to La...

Overview - Many professional living and working in Silicon Valley over the last twenty years have become very wealthy as a result of their participation in company stock options plans – qualified and non-qualified....more

Gerald Nowotny - Law Office of Gerald R....

Silicon Boricua – What if Silicon Valley Moved to Puerto Rico?

Overview - I have been writing over the last year on the benefits of Puerto Rican (PR”) residency. The tax benefits of Puerto Rican residency gained some attention and notoriety when hedge fund billionaire John Paulsen...more

Gerald Nowotny - Law Office of Gerald R....

Soy Boricua - Rethinking Inbound Tax Planning for Wealthy Latin American Moving to the U.S.

Overview - In case you did not know, Miami is the capital of Latin American. It is the port of entry for Latin Americans from Central and South America. Historically, wealthy Mexicans have liked California and Texas...more

Gerald Nowotny - Law Office of Gerald R....

Becoming Puerto Rican - The Tax Benefits of Puerto Rican Residency for U.S. High Net Worth Taxpayers

Overview - My last article focused on the attractiveness of Puerto Rico for hedge fund managers . Poor John Paulsen cannot make a move without the financial press reporting on the story. If he bought a Big Gulp at...more

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