The Opportunity Zones initiative is now part of the Puerto Rico Incentive Code and would allow promoting the economic development of about 98% of the Island designated as such.Įligible commercial activities Regulations The Committee of Priority Projects in Opportunity Zones approved a list of all those eligible commercial or business activities recognized as Priority Projects in Opportunity Zones. shows that the incentive programs under Acts 20 and 22, made possible the creation of over 36,200 direct, indirect and induced jobs and over $ 2.5 billion in investment in Puerto Rico. The study, commissioned by the company Estudios Técnicos, Inc. This year, we reveal the results of the implementation of Act 20 to Promote the Export of Services and Act 22 to Encourage the Transfer of Individual Investors to Puerto Rico, between the years 2015 to 2019.
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