For those considering moving to Puerto Rico
There are often a number of factors to consider when contemplating a new domicile. Taxes may be one of them. We can provide you with an overview of the most basic personal taxation rules in Puerto Rico.
33
Marginal tax rate
180
Tax immigration rule
0
Wealth tax
Overview of personal taxation in Puerto Rico – updated per 2025
What is required to establish tax residency in Puerto Rico?
Individuals who stay in Puerto Rico for 180 days or more during a tax year are considered to have moved there and to be tax residents. The same applies to individuals who have a permanent residence in Puerto Rico.
Which types of income are taxable in Puerto Rico?
Tax residents are taxed on their worldwide income in Puerto Rico, while non-resident taxpayers are taxed only on income sourced in Puerto Rico.
What tax rates apply in Puerto Rico?
Puerto Rico has a progressive tax system, with rates ranging from 7 to 33%. An additional tax of 5% is imposed where net taxable income exceeds USD 500,000.
Does Puerto Rico grant tax credit for foreign taxes?
Puerto Rico grants a tax credit for taxes paid abroad, limited to the amount of Puerto Rico tax payable on the same income.
Is there wealth tax in Puerto Rico?
Puerto Rico does not levy wealth tax.
What is the tax year in Puerto Rico?
The tax year in Puerto Rico corresponds with the calendar year.
When must the tax return be filed in Puerto Rico?
The individual tax return in Puerto Rico must be filed by 15 April of the year following the tax year.
What is the name of the tax authority in Puerto Rico?
The name of the tax authority in Puerto Rico is Puerto Rico Treasury Department.
How many countries does Puerto Rico have tax treaties with?
Puerto Rico has no tax treaties with other countries.
Is there property tax in Puerto Rico?
Puerto Rico has property tax at the municipal level. Rates generally range from 8.03 to 12.33% and are assessed based on the property’s market value as of 1958.
Contact
Atle Melø
Partner
amelo@melo.no
+47 951 80 979