Puerto Rico is a premier location for professional services firms and business people. Firms can benefit from being in a United States territory, from servicing companies in mainland, and from having access to companies in Latin America. In today’s global environment, businesses find it critical to access the talent, institutions, business processes and competitive advantages that can connect to business opportunities.
As offered by our Business Star Proposition, with a highly skilled workforce and intellectual leadership from the boardroom to the classroom, Puerto Rico can be a strategic hub for professional services firms. The educational and research infrastructure present in Puerto Rico is an important asset for domestic and international professional services firms.
Puerto Rico also has stable regulatory environment, strong intellectual property rights protection and enforcement, and a reliable judicial system.
Puerto Rico’s air access is by far the best in the Caribbean, which characterizes the island as the gateway to the Caribbean. Puerto Rico has eleven airports servicing residents and visitors, of which three have direct service to the U.S. mainland. The San Juan Luis Muñoz Marín International Airport (SJU) serves as the regional hub, receiving upwards of 8 million passengers a year. It handles 4,300 cargo flights per month and over 1,800 weekly flights from more than 20 airlines connecting Puerto Rico to worldwide destinations. It provides direct service to more than 20 domestic cities and many international destinations in the Caribbean, North America, South America, and Europe. Typical flight time from Miami to San Juan is under three hours, while it takes approximately three and a half hours to fly direct from New York City.
Puerto Rico is serviced by legacy, low cost, international and regional carriers, along the likes of American Airlines, Delta Airlines, United Continental Airlines, US Airways, Jet Blue, AirTran Airways, Spirit Airlines, Iberia, Copa Airlines, Air Canada, West Jet, British Airways, Condor, Cape Air, Seaborne Airlines, Liat, Vieques Air Link, Air Flamenco, among others.
They provide payroll services, financial auditing services, tax preparation services, and other consulting services for individuals and corporate clients.
Firms in this sector provide a variety of legal services including litigation support, general corporate services, plaintiff and defense work for individuals and companies, patent agent services, paralegal services, and process serving services.
These firms provide consulting services in administrative and general management, human resources, marketing, process, physical distribution and logistics, environmental affairs, and other scientific and technical services.
This subsector includes firms primarily engaged in planning and designing residential, institutional, leisure, commercial, and industrial buildings and structures. As with engineering firms, many architectural firms are local companies that complement the work of larger United States firms that have a more global footprint.
This subsector includes firms primarily engaged in the design, development, and utilization of machines, materials, instruments, structures, processes, and systems. Engineering services include the preparation of feasibility studies and preliminary and final plans and designs, the provision of technical advice and assistance during the construction or installation phase, and the inspection and evaluation of engineering projects. Industrial and manufacturing engineering contribute the most to this subsector. Other contributors include commercial and institutional architecture, transportation infrastructure, and power generation and distribution activities.
Contact us to learn more about opportunities in the Professional Services sector.
Get to know the incentives for the Services industry.