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Harry Dent: Why Retire in Puerto Rico? Let Me Explain…

Economy and Markets, Released on 7/2/18

I moved to Puerto Rico in mid-2016.

Not for the tax advantages (at first), but to be closer to my vacation house on Culebra (a Puerto Rican Virgin Island) and to have a high-end beach-front lifestyle for one quarter the cost of moving back to South Beach, Miami.

Puerto Ricans are U.S. citizens and have free movement to and from the U.S. The truth is that it’s always been more of a one-way street from Puerto Rico. The chart below shows the trends of net migration to the U.S. since the 1950s.

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