Ryan HiteMay 3, 2025

🏝️ Puerto Rico is becoming a tax haven.

0% taxes for rich mainlanders.
Rising housing costs.
Locals priced out.
Infrastructure failing.
This is more than gentrification—this is a population swap.
#PuertoRico #Act60 #Gentrification https://www.ryanjhite.com/2025/05/02/is-puerto-rico-becoming-hawaii/

Is Puerto Rico Becoming Hawaii? | How Tax Havens and Tourism Are Reshaping the Island

Puerto Rico is becoming a tax haven for wealthy Americans, fueling gentrification and displacing locals. Discover how tax laws, tourism, and disaster have triggered a population swap—and whether the island is heading the way of Hawaii.

Ryan J. Hite
Farrant LawMar 2, 2023

Last #week, the #PuertoRico #DDEC issued #CircularLetter 2023-02,which established that #blockchain technology, #blockchainvalidation & #blockchaindigitalassets are eligible activities that can benefit from PR’s #Act60 #IncentivesCode.

You can read the #letter at https://bit.ly/3J2ox49.

Write us a DM or go to at https://bit.ly/3maQSfP to schedule a #consult to discuss how you could benefit from this #incentive.

#CodigoDeIncentivos #Ley60 #Taxes #Beneficios #incentivos #attorney #crypto

I use gotos in code 🇵🇷Jan 5, 2023

One thing we're facing in Puerto Rico and it has been increasing the last few years is #Act60 Americans acting super entitled and even aggressive against native Puerto Ricans. They behave like we're Westworld and Puerto Ricans are NPCs.

The police rarely get involved because of the language barrier is too challenging for them.

Just saw a video about a man screaming at a store owner because a client wouldn't talk to him. He yelled about the store being anti gringo. #PuertoRico