We’re not tax code experts, so you might want to consult with your accountant before putting down a deposit, but the government of Puerto Rico has just passed some pretty special tax laws for new residents and business owners. Special as in 0% on passive income, as per Act 20 and Act 22 by the Government of Puerto Rico. So naturally, you’re already looking for a homestead in this special zone. Look no further than Dorado Beach at the Ritz Carlton Reserve in the sunny US territory.
The development was first started by Laurence S. Rockefeller over 50 years ago. Today his vision is fully realized with Dorado Beach East, the most exclusive section of the reserve. Dorado Beach East has single family homes that start at $1,355,000 for 2,571 square feet and top off at $8 million. Not only will the purchase of one of these homes get you an amazing tax rate, but also access to all their grounds and amenities which include 3 different 18-hole, championship golf courses, 4 restaurants, including Mi Casa by celebrity chef Jose Andres, Encanto Beach Club on the finest stretch of beach in the country, the Watermill, a $12 million aquatic playground for kids and adults as well as a 5 acre spa, and 11 miles of walking and biking trails that surround the 1,400 acre resort. doradobeach.com
Haute Scene
January 13, 2014Haute Event: Panda! Debuts at the Palazzo
