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Puerto Rico as a Residence?
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27-05-2014, 05:46
#
31
Scottuk
Registered User
Join Date: Jul 2013
Posts: 103
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.
30-05-2014, 12:23
#
32
azsailor12
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
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