by Simon Black
Sovereign Man
In late 2018, after more than seven fantastic years of living in Chile, I decided to move to Puerto Rico to take advantage of the island’s incredible tax incentives.
By moving to Puerto Rico, I traded my right to vote in US federal elections for a 4% tax rate. And I’m pretty confident I got the better end of that deal.
I’ve written about this quite extensively– but stick with me, because there’s a new twist to the story.
As we’ve covered before, Puerto Rico is a territory of the United States.
This means that the island falls under the jurisdiction of the US government for certain matters, like immigration and national defense.