Crypto Tax Laws in Puerto Rico Puerto Rico has become a popular destination for crypto investors due to its favorable tax laws. Under Act 60, also known as the "Individual Investors Act," individuals who become bona fide residents of Puerto Rico are exempt from paying most federal income taxes. This includes taxes on capital gains, dividends, and interest income from investments in cryptocurrencies. The Benefits of Moving to Puerto Rico Aside from the tax benefits, there are many reasons why crypto investors are flocking to Puerto Rico. The island boasts beautiful beaches, a warm climate, and a lower cost of living compared to many U.S. states. It also has a growing crypto community, with events and meetups regularly held for enthusiasts and investors. Trending Hashtags #PuertoRicoCrypto #Act60 The hashtag #PuertoRicoCrypto has been gaining traction on social media as more and more crypto investors are making the move to the island. #Act60 is also a...
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