Quote from: Searing on July 26, 2018, 05:21:36 AM

On a side note, so in Puerto Rico, you still pay taxes on stuff outside of the Island. So the only 'real' advantage is, from what I understand, no capital gains taxes.

But on the other hand, Puerto Rico has a Commonwealth tax, but I can't seem to get a handle on what the covers. Also local and sales taxes.

others? Anyone else researched this and can whip some numbers at me to compare?

unlikely to act on this (coward) but curious

brad

I researched Puerto Rico quite thoroughly a while ago. I think it ended up being 0% capital gains taxes all the way around.

The problem is, you still pay full capital gains taxes on anything you've purchased up to the point of becoming a resident. It's only the capital gains taxes you accrue after becoming a resident that are tax free.