What Is Act 60?
Act 60 (formerly Acts 20 and 22) offers significant tax benefits to individuals and businesses that relocate to Puerto Rico, including:
Impact on the Real Estate Market
These incentives have attracted thousands of high-net-worth individuals, creating unprecedented demand for luxury properties in areas like Dorado, Condado, and Guaynabo.
What This Means for Sellers
If you own property in a desirable area, your buyer pool has expanded significantly. Act 60 buyers often:
- Pay premium prices for move-in-ready homes
- Close quickly with cash offers
- Seek properties in gated communities with amenities
Positioning Your Property
To attract Act 60 buyers, highlight proximity to international schools, beach access, and modern amenities in your listing.