Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 27-05-2014, 06:46   #31
Registered User

Join Date: Jul 2013
Posts: 91
Re: Puerto Rico as a Residence?

There is a cap and over that cap your income is liable. It is double taxation and IRS publications do state this.
__________________

__________________
Scottuk is offline   Reply With Quote
Old 30-05-2014, 13:23   #32
Registered User

Join Date: Jul 2012
Location: somewhere in Mexico
Boat: 99 Island Packet 380
Posts: 203
Re: Puerto Rico as a Residence?

I got some clarification on residency. IRS requires residing in PR at least 183 days/yr, so mail forwarding service wouldn't work. You would need to own or rent a residence.
__________________

__________________
John
s/v Nakamal
azsailor12 is offline   Reply With Quote
Reply

Tags
enc, Puerto Rico

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
V.A.T. I.C.C. residence status and tax in Spain weavis Europe & Mediterranean 14 25-03-2014 07:32
Health Insurance and Residence rheys Monohull Sailboats 1 31-07-2013 06:51
Florida or Penn. residence cla6665 Dollars & Cents 14 20-03-2012 17:58
Washington State purchase with out-of-state residence cyclepro Dollars & Cents 7 06-06-2011 09:55
Country of Residence of Cruisers ? Nathan1975 Cruising News & Events 78 03-03-2011 01:35



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 22:15.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.