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Why Wealthy Homebuyers Are Flocking to Puerto Rico

Wealthy homebuyers flock to Puerto Rico for luxury homes and tax incentives. Luxury home prices in Dorado Beach nearly doubled in 2022. Puerto Rico's luxury housing market sees a surge in demand.

  • Wealthy homebuyers flock to Puerto Rico for luxury homes and tax incentives.
  • Act 60 tax policies offer tax exemptions for individuals who relocate and own a home in Puerto Rico.
  • Luxury home prices in Dorado Beach nearly doubled in 2022, with a median sale price of $6.2 million.
  • Crypto entrepreneurs and investors were among the first to take advantage of Act 60 benefits.
  • Puerto Rico's luxury housing market has seen a surge in demand since the Covid era second-home frenzy and remote work adoption.
Why Wealthy Homebuyers Are Flocking to Puerto Rico
Favorable tax policies, warm weather and a shift to remote work has transformed the island into a full-time destination

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