Puerto Rico Investment Summit | 2017

Puerto Rico Investment Summit \ 2017

Investment Summit 2017

More information about the 2017 PRIS Series will be updated here when it becomes available.

2016 Puerto Rico Investment Summit

OPPORTUNITY. NETWORKING. KNOWLEDGE.

Updated :: 03.08.16

Investment Summit 2016

2016 Puerto Rico Investment Summit

OPPORTUNITY. NETWORKING. KNOWLEDGE.

Join the 2016 PRIS series as Puerto Rico bring’s together tax experts, government officials, early adopters, innovators, and business leaders to share their experiences and expertise on all the opportunities that Puerto Rico has to offer. Including panels led by early adopters, multi-national CEO’s, one-on-one interviews and networking opportunities, attendees enjoy two days of learning and unique networking events created in the most beautiful venues in Puerto Rico.

KEYNOTE SPEAKERS:

ALBERTO BACO
Secretary of Economic
Development and
Commerce

 

 

JOHN PAULSON
CEO of Paulson & Co.

 

 

 

Michael Ernest Tennenbaum — Co-Founder and Senior Managing Partner Emeritus of Tennenbaum Capital Partners, LLC (TCP). (Recently chose Puerto Rico as a destination for business.)

Jim Millstein — Chairman and chief executive officer of Millstein & Co. (former chief restructuring officer at the U.S. Treasury)

Nicholas Prouty — Developer \ Investor (Purchased a large marina in Puerto Rico and several apartment complexes in San Juan.

Rudy Giuliani — 2015 PRIS Keynote speaker.

REGISTRATION INFORMATION

February 11 & 12, 2016  › Opportunities under Act 20, Act 22 & other alternative investment vehicles in Puerto Rico.

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Updated :: 01.13.16

Investment Summit 2015

FEBRUARY 2015

The 2015 Puerto Rico Investment Summit gathered over 300 investors and entrepreneurs to learn of the investment opportunities, tax incentives, and competitive advantages of investing now in Puerto Rico. Held at the Puerto Rico Convention Center and Condado Vanderbilt Hotel, this year’s event featured world-renowned keynote speakers supporting the Island’s economic efforts.

ALBERTO BACO
Secretary of Economic
Development and
Commerce

 

 

RUDY GIULIANI
President, Giuliani Partners
and former Mayor
of New York City

 

 

STEVE LEONARD
Executive Deputy Chairman
Infocomm Development
Authority of Singapore (IDA)

 

 

MOHNISH PABRAI
Principal,
Pabrai Investment Funds

 

 

 

Investment Summit 2014

APRIL 2014

The first Puerto Rico Investment Summit, held in April 2014, had an overwhelming response and interest from investors and companies from diverse fields. The two-day event brought together a group of over 150 participants who enjoyed a series of presentations and panels focused on the opportunities under Acts 20 and 22. Summit attendees learned about the unique tax incentives available for individual investors and for businesses to promote export services. Also in attendance were early adopters of Acts 20 and 22, who shared their experiences on how they became part of the island’s community.

Keynote Speakers:

Alberto Bacó-Bagué

ALBERTO BACÓ-BAGUÉ
Secretary of Economic
Development and
Commerce

John Paulson

JOHN PAULSON
CEO of Paulson & Co.

Richard Carrión

RICHARD CARRIÓN
Chairman and CEO
of Popular, Inc.

Nicholas Prouty

NICHOLAS PROUTY
Managing Partner of
Putnam Bridge Funding

[Source: prinvestmentsummit.com | Updated — 08.19.15]

LEARN MORE

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Act 20 › Export Services Act

Act No. 20 of 2012, known as the Act to promote the exportation of services, provides attractive tax incentives for companies that establish and expand their export services businesses in the island.

In addition, the law promotes investments on research and development and initiatives from the academic and private sectors by granting credits and exemptions for these activities. Furthermore, it helps to decrease operational and energy spending for companies moving to the island in order to help their operations remain profitable and efficient.

Act 22 › Individual Investors Act

Act No. 22 of 2012, Seeks to attract new residents to Puerto Rico by providing a total exemption from Puerto Rico income taxes on all passive income realized or accrued after such individuals become bona fide residents of Puerto Rico. This relocation should result in new local investments in real estate, services and other consumption products, and in capital injections to the Puerto Rico banking sector, all of which will accelerate the economy of the island.

Act 73 › Economic Incentives for the Development of Puerto Rico

Act No. 73 of 2008, known as the Economic Incentives Act for the Development of Puerto Rico, was established to provide the adequate environment and opportunities to continue developing a local industry, offer an attractive tax proposal, attract direct foreign investment and promote economic development and social betterment in Puerto Rico.

Act 20 › Export Services Act

On September 25, 2012 (“Act 273”), Puerto Rico enacted Act No. 273, also known as the “International Financial Center Regulatory Act” (the “Act”). The Act provides tax exemptions to businesses engaged in eligible activities in Puerto Rico. To avail from such benefits, a business needs to become an International Financial Entity (“IFE”) by applying for a permit and license and obtaining a tax exemption decree.

EB5 › Immigrant Investor Program

The U.S. Congress created the fifth-employment based (EB-5) immigrant visa category in 1990 for the qualified foreigner willing to invest in a business that will benefit the U.S. economy and create or save at least 10 full-time jobs. 

The investment requirement is typically US $1,000,000 per foreign investor. A minimum investment of US $500,000 is accepted if the investment is made in a designated Target Employment Area, such as a rural or high unemployment area, and through a designated EB-5 Regional Center. Puerto Rico is a Target Employment Area and therefore all projects offered by Caribbean USA Economic Development Regional Center require only the minimum of $500,000 in investment by the foreign investor.

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Incentives for Businesses — NEWS

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