2024 Election Data Brief: The Act 22 Donors [Still] Influencing Puerto Rico’s Elections
23 Oct 2024
Spanish Version of the Report
October 2024
In a bid to attract wealthy investors, the Puerto Rican government passed the “Act to Promote the Relocation of Individual Investors to Puerto Rico” in 2012. Act 22, later amended into Act 60, gives wealthy outsiders an unprecedented 100% tax exemption on all income and investments if they move to Puerto Rico.[1]... Read More