Content |
Main article: Countries of the world
Population
Migration
2021: Net outflow over 4 years
Economy
GDP
2022: GDP size - $0.11 trillion
Unemployment
2020: Unemployment rate - 12%
Incomes of the population
2023: Minimum wage - $1,328
Energy carriers
2020: Energy consumption per capita
andHealth care
Maternity leave
inCrime
2023: 17.6 killings per 100,000 population due to arms smuggling from the United States
About 90% of the killing weapons in their countries are purchased legally in and USA then smuggled abroad, Caribbean island nation officials said. "The right to bear arms in the US," notes one prime minister, "does not mean that there is also a right to trade these weapons."
Prisons
2022: Minimum age for children to be jailed
2018: Number of prisoners per 100 thousand citizens
Sport
2022: The most popular sport is baseball
inHistory
2022: Puerto Rico becomes new mecca for crypto-millionaires
By mid-January 2022, Puerto Rico is rapidly becoming a popular destination for crypto-millionaires from. USA Businessmen with their families are rushing to move more quickly to the island, which is relatively close to the United States, reports. CNBC This trend has intensified due to the fact that the authorities of the island state conduct an cryptocurrency investor-friendly policy and provide profitable tax breaks for those who spend at least 183 days a year on the island.
For example, businessman and crypto investor David Johnson moved his parents, wife and children to Puerto Rico in March 2021. He told CNBC correspondents that the island reminded him of the capital of Texas, the city of Austin, before the city became one of the US technology centers thanks to large companies Tesla, Samsung, Apple.
On January 17, 2022, many passionate people moved to Puerto Rico. The whole crypto community has now come together to build something big and important. Something that will help ordinary people. The island is home to three million people... It's a big enough island to build a tech hub here! The popularity of the island in the Caribbean is also due to the fact that Puerto Rico falls under American jurisdiction - Americans do not need a visa or passport to visit this state, said entrepreneur David Johnston. |
The effect of the American Constitution on the island is limited, the island has its own system of self-government. In the United States itself, investors pay up to 37% in taxes on short-term capital gains and up to 20% of long-term profits. Businessmen who have moved to the island can reduce these tax liabilities to almost zero, subject to certain conditions. Mainland companies are subject to a federal corporate tax of 21% and a state tax, and if a company exports its services from Puerto Rico to the United States or elsewhere, then the tax rate is reduced to 4%.
Shehan Chandrasekera, a chartered accountant and head of tax strategy at CoinTracker, warned crypto-millionaires and other entrepreneurs that any profits made before arriving on the island of Puerto Rico were still subject to standard capital gains tax rates on the U.S. mainland. Only income generated after a person becomes a resident of Puerto Rico is not taxed.[1]