Hi everybody!
Gabriel here, Puerto Rico IH Community Ambassador.
Puerto Rico is great place for nomads. We have fairly good infrastructure, great tropical weather year round, beautiful beaches, high speed Internet and cheap rents.
Since PR is a US colony (long story), we use the US dollar, same banking system and you can relocate here just as if you were to relocate to any state.
We will be live-streaming our next meetup, where we will talk about one more incentive to move here. Law 20/22 benefits for US citizens who relocate to PR.
If you want to watch the livestream or visit us in person, you can sign up here and we will send the livestream link via email!
Act 20 for businesses:
Act 22 for individuals:
You can watch the talk here! https://www.youtube.com/watch?v=AytI2P42Ki8
We (my partner and I) were thinking about moving there but somehow we got the impression that it is not that cheap there compare to other big states (we were comparing it to Minneapolis.). It was just talking, we didn't really research. It is great to see your input. We'd love to live there.
How was your experience with living cost and rent?
Hello!
I'm native Puerto Rican. I've also lived in the states.
Here is my tl;dr on living costs:
Thanks, Gabriel for the detailed response.
I also recall utilities being expensive.
I should do more research.
One thing I forgot to mention. The prices I spoke off, are for the San Juan Metro area. Outside the San Juan Metro area everything is cheaper.