Buying A House In Puerto Rico 2024 Taxes In India . If you qualify for an act 60 decree, it includes a 4% income tax rate, a 75% discount on property tax, and no tax on capital gains accrued while on the island. Legal framework for property purchase.
The short answer is yes. Puerto rico’s house prices continue to rise strongly, despite weakening demand caused by increasing interest rates and reduced homebuyers’ purchasing.
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