In this course you will learn why Puerto Rico has become the new tax home for wealthy individuals and business owners who are looking for a legal way to maintain their U.S. citizenship and still lower their tax bill. In 2012, Puerto Rico implemented the Export Services Act and the Individual Investor Act to help reignite their local economy. In the process, they ended up giving taxpayers an amazing gift. For those businesses who qualify under the Export Services Act they will only pay a 4% income tax in Puerto Rico and 0% tax to the IRS on their qualifying income. For those individuals who qualify under the Individual Investor Act they pay 0% tax in Puerto Rico and their qualified income is exempt from U.S. tax. This strategy is not right for everyone, but for those that qualify it is a life changer.
Dave Hall graduated from Southern Utah University in 1994 with his Master’s in Accounting. Over the last 25 years, Dave has helped thousands of Americans limit their exposure to federal, state, and local taxes. He has done this by using little known tax and investment strategies many other advisors overlook.
As the founder of The Prosperity Guy, Dave now spends his time educating thousands of professional advisors on how they can get themselves, and their clients, to the zero percent tax bracket and transform their retirement.