Yesterday, I was listening to a radio show on my way home and the subject was the financial issues being faced by the Government of Puerto Rico. Of course, any subject enjoys a gama of points of view and plenty of people willing to share their opinion with the rest of us. I am doing… Read more »
June marks the commencement of a new year for government purposes. Since property taxes in Puerto Rico are managed by a government agency, June marks a new year for them as well. When property taxes are due, payments are divided in two 6 months’ tax periods, with June marking the start of the first… Read more »
Management over the Puerto Rico Property Registry (“the Registry”) falls under the Puerto Rico Department of Justice. While the notary practice is overseen by the Puerto Rico Supreme Court, the actual recording of real estate transactions is a key responsibility of the Puerto Rico Attorney General’s office. The Registry has been undergoing a major overhaul… Read more »
You don’t have to look too hard to find reasons why purchasing a vacation home or even a primary residence in Puerto Rico is a great idea. This island nation offers up the beautiful beaches, abundant greenery, and balmy temperatures (around 80 degrees Fahrenheit year-round) that one would expect from a tropical locale. However, there… Read more »
Puerto Rico is a beautiful Caribbean island that boasts a tropical climate, lush vegetation, and a rich history and culture. It’s no surprise, then, that people from all over the world not only want to visit, but choose to purchase property in Puerto Rico, either as a primary residence or for vacation purposes. But what… Read more »
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