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Puerto Rican Residency

Old 11-29-2021, 01:55 PM
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Anyone out there commute from Puerto Rico?

How is your pay taxed? US or PR?

Would like some more details about life on the island as a commuter....

E
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Old 11-29-2021, 02:48 PM
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You should research the PR Act 20 and Act 22 ;-)

https://en.wikipedia.org/wiki/Act_22_of_2012
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Old 11-30-2021, 05:28 AM
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I am looking at Act 60 (former Acts 20/22) but it is unclear how being an airline pilot, domiciled in the US and spending lots of time there on reserve and trips, would be treated vis a vis the residency and closer connection tests.
Looking for anyone who has any experience with PR / US taxes generally, commuting or Act 60 / 22/ 20 that can shed light on this issue!

Thanks
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Old 11-30-2021, 05:59 AM
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Iíve been commuting from PR for 3 years. Everything will depend on the base that youíre commuting to. EWR had north of 10 flights a day pre COVID and rarely had to fight for the jumpseat. SJU has employee parking ($108 a month) and KCM.

PR taxes - we do not pay federal taxes. We do pay a PR state tax, above $60,000 annual and youíll pay 30%. PR property tax is close to zero.

Act 20/22 - is for people with a high net worth and want to save on capital gain tax. The other portion of this applies to business owners. From people I know that have signed up for it, they say itís almost impossible to get approved at this point.
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Old 11-30-2021, 07:48 AM
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Originally Posted by MarineFly View Post
Looking for anyone who has any experience with PR / US taxes generally, commuting or Act 60 / 22/ 20 that can shed light on this issue!
If you get on FB there are groups of people doing the Act 60 / 22 / 20 thing and have a ton of experience, including professionals, who can guide you on the issue.
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Old 11-30-2021, 02:40 PM
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From people I know that have signed up for it, they say itís almost impossible to get approved at this point.

Are you referring to one or all parts of the Act 60 at this point that are difficult to get approved?
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Old 04-11-2022, 08:17 PM
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Airline pilot? You don't qualify for Act 60 homey. Do like us natives do and either pay those local income tax rates or just move to the mainland.

Signed,
A PR native gentrified by said economic realities.

P.S. The good news is that you can live a pretty decent part-year snowbird with low property costs an cheap travel back to the island courtesy of your employer. As noted, 33% above 60K is a killer. Higher income tax burden than CA + federal, believe it or not (mostly due to the low 60K threshold triggering the max rate). PR hates middle class incomes, which is why my home has lost half a million people in a decade, yours truly included (though I left in the earlier wave, 2 decades ago). Still have parents and real estate back home, and likely will retain some footprint, but never full time. Not with those personal income tax tables. Non-starter. It is what it is.
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Old 04-12-2022, 02:26 PM
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Originally Posted by hindsight2020 View Post
Airline pilot? You don't qualify for Act 60 homey.
What makes you say I wouldn't qualify for Act 60 [Act 22]... homeslice?
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