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A "Rising Tides" Tourism Economy
A "Rising Tides" Tourism Economy
Favorable supply dynamics and government incentives enticing large investments in luxury hospitality offerings
Increased tourism demand bringing new non-stop routes from major population centers to all three international airports on the island
Upward trend in luxury hotel room rates creating new addressable markets for more affordable boutique offerings
Increased airlift to Aguadilla and Ponce airports creating newly accessible and underserved tourist destinations on the island
Act 60 - Puerto Rico's Incentives Code
Act 60 - Puerto Rico's Incentives Code
Act 60, ratified in 2019, provides qualifying industries with substantial tax credits, exemptions, and preferential rates for new projects and/or businesses operating on the island and meeting a standard set of criteria.
Pilarrosa Capital exclusively targets Act 60-qualifying projects in the hospitality sector for investment to maximize returns while capping downside risk.
For more information on Puerto Rico's Incentives Code, Act 60, please visit InvestPR.com, Puerto Rico's government-funded web resource for entrepreneurs. A dedicated Act 60 resource is linked here:
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