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RE: Puerto Crypto Conference in San Juan, Puerto Rico - March 2018
I've been mulling moving to one of those tax-havens in the Caribbean, and there are many to choose from, but the whole climate situation and these intensifying hurricanes are making me wonder if the risks may be too great.
Next year, we could see another few CAT5 hurricanes and these islands nations may be hit very hard once again.
True ... but I'm not going to let mother nature be such a deciding factor as to whether I should live in a place or not. Just think, if you made profit of 100,000 USD ... wouldn't it be nice to save 30-40% capital gains tax on that? Which would be quite substantial?
I've had pros and cons told to me, especially the cons being:
I went to Luquillo last year in May ... and honestly, it's not that bad. Puerto Rico is much more developed, then say neighboring Haiti and DR. It's all perspective :)
I have read that Puerto Rico's power grid was in a really poor condition even before the hurricanes. I'm sure they will rebuild it though.
Btw, Have you looked into St. Kitts?! I know Roger Ver has a presence there, as well as other poker players and online entrepreneurs.