Are foreigners allowed to own property in Puerto Rico?
When we asked expats in Puerto Rico if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Puerto Rico. The Puerto Rico government has established laws that allow non-residents to purchase and own real estate in Puerto Rico. Foreigners are subject to the same taxes and regulations as Puerto Rican citizens, and must obtain a valid tax identification number in order to purchase property. Additionally, foreign investors must obtain a permit from the Puerto Rico Department of Economic Development and Commerce in order to purchase property," mentioned another expat when asked about moving to Puerto Rico.
Other Questions:
- What do I need to know before retiring in Puerto Rico?
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- Is there a lot of diversity? Are people in Puerto Rico accepting of differences?
- What are the schools in Puerto Rico like?
- Is the cost of living in Puerto Rico high?
- What advice do you have for expats having a baby in Puerto Rico?
- What are healthcare services like in Puerto Rico?
- Is the cost of living in Puerto Rico high?
- What type of recreational facilities are in Puerto Rico?
- What is the weather like in Puerto Rico?
- Are there good restaurants in Puerto Rico?
- Where will I buy groceries and do other shopping in Puerto Rico?
- What are the visa & residency requirements in Puerto Rico?
- Are healthcare and health insurance expensive in Puerto Rico?
- What do I need to know when buying property in Puerto Rico?
- Are foreigners allowed to own property in Puerto Rico?
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Are foreigners allowed to own property in Puerto Rico?
If you live in Puerto Rico, newcomers to Puerto Rico would love to hear your answer to this question: