Act 60 – Your Gateway to Puerto Rico’s Tax Benefits

When navigating Act 60, Puerto Rico’s comprehensive tax incentive statute, also known as the Puerto Rico Tax Incentives Act, you’re dealing with a legal framework that reshapes how crypto earnings, investment income, and business profits are taxed. Act 60 bundles previous incentive laws into a single package, promising up to 100% tax exemption on qualified income for eligible residents. This means lower capital‑gains taxes, no federal tax on Puerto Rican‑sourced income, and attractive credits for exporters. The act’s core promise is simple: relocate, comply with the residency rules, and keep more of what you earn.

Key Players Shaping the Act 60 Landscape

Understanding Puerto Rico, a U.S. territory with its own tax code is the first step. The island’s government created Act 60 to lure high‑net‑worth individuals and tech firms, especially those working with blockchain and digital assets. Tax Incentive, a legal reduction or exemption from taxes is the engine that powers this migration; without it, the cost of moving would outweigh the potential savings. For crypto enthusiasts, Crypto Taxation, the rules governing how digital asset gains are reported and taxed becomes dramatically simpler under Act 60 because qualified gains are often exempt from Puerto Rican income tax.

Residency is the final piece of the puzzle. Residency, the legal status of living in Puerto Rico for tax purposes requires you to spend at least 183 days on the island, establish a primary home, and demonstrate intent to remain. Once you meet these criteria, Act 60’s benefits kick in, allowing you to claim the “Individual Resident Investor” (formerly Act 20) and “Export Services” (formerly Act 22) provisions. The interaction between Act 60, Puerto Rico, and crypto taxation creates a clear path: relocate, become a resident, and file under the Act’s special rules to unlock tax‑free growth.

Below you’ll find a curated set of articles that break down each piece of this ecosystem. From step‑by‑step guides on claiming airdrop tokens to deep dives into exchange reviews, we’ve collected resources that show how Act 60’s framework impacts real‑world crypto activities. Whether you’re curious about the legal nuances of a crypto airdrop, want to compare zero‑gas derivatives platforms, or need to understand how different jurisdictions treat digital assets, these posts give you practical insights that align with the tax advantages Act 60 offers.