Puerto Rico is a premier investment destination under the U.S. flag. The implementation of structural reforms and economic incentives has positioned the Island as one of the most competitive jurisdictions in the world.
This is why top companies from all over the world have made the move and have discovered Puerto Rico’s competitive advantage. The time to invest, work, live and play in Puerto Rico is now.
These are the top ten reasons why Puerto Rico is open for business:
Puerto Rico is strategically located between the Caribbean Sea and Atlantic Ocean, midway between North and South America, making it the perfect bridge between both continents.
Puerto Rico has three international airports where more than 20 US and international airlines operate. Some airlines offer direct international flights to Caracas, Madrid, Frankfurt, London and Panama City.
The island is a short flight away from many major U.S. cities. It is 2.5 hours from Miami and 3.5 hours from New York.
Puerto Rico has 11 seaports and trans-shipment seaport with post-panama vessel capability.
Highly educated, productive, bilingual and bicultural workforce with vast knowledge of US and global regulations.
Over 20,000 degrees were awarded in Science, Technology, Engineering and Mathematics (STEM) in the last four (4) years.
University of Puerto Rico at Mayaguez (UPRM), the premier engineering and science institution of the Caribbean and Latin America, ranks 1st in graduating Hispanic Engineers and 2nd in graduating bachelor’s degrees awarded to hispanics by school based on the ASEE Engineering by Numbers.
University attendance has grown in the last several decades with women making up more than 55% of all students.
High retention and low turnover rates of employees.
Several incentive laws have been approved to stimulate economic development and attract Foreign Direct Investment (FDI) in the following sectors: manufacturing, tourism, export services, insurance, financial services, agriculture, hospitality and hotel development and renewable energy.
Ranked among the top 15 FTZs in the U.S. - National Association of Foreign Trade Zones report (2011).