What are the pros and cons of moving to Puerto Rico?

Puerto Rico Pros and Cons

• Warm weather all the time.
• Longest Christmas season in the world.
• Lots of bilingual people (if you don’t speak Spanish)
• Some of the best rum in the world.
• People are warm, friendly and helpful.
• Flip flops and sandals year-round.
• Beautiful men and women!
• Great boating, fishing, diving and surfing.

Is Puerto Rico a bad place to live?

Puerto Rico, being a Caribbean island with a poor economy, often gets a bad reputation in terms of security, but in fact, 2018 FBI crime statistics reveal that the island has a lower crime rate than many U.S. states, including New York, California, and Texas.

Is living in Puerto Rico cheap?

Numbeo.com, a database that calculates and compares various economic factors, reports that it costs 5.7\% less to live in Puerto Rico than it does in the rest of the U.S. (July 2019). Even the more expensive parts of the island are still less expensive than most major U.S. cities.

Can you drink the water in Puerto Rico?

The water in Puerto Rico is safe to drink—but read this first. Sure, Puerto Rico’s beaches are known for their crystal clear and breathtakingly blue water. But when it comes to drinking water, things are a bit hit-and-miss. If you’re in the countryside and you’ve got a soft stomach, drink bottled water instead of tap.

Is Puerto Rico safe right now?

Puerto Rico is safe to visit right now. In fact, it’s got a lower crime rate than many mainland US cities, which is reassuring. Choosing the right Puerto Rican neighborhood to stay in will also add to your safety. There is, unfortunately, an unusually high murder rate in Puerto Rico, though, to do with guns.

Is it worth it to live in Puerto Rico?

Living in Puerto Rico–even for a short time–can be a wonderful adventure or full of stress and culture shock, depending on your expectations and resources. I’ve put together a BIG list of the pros and cons of living in Puerto Rico so you can decide whether moving to this beautiful island is the right choice.

What are the pros and cons of Puerto Rico statehood?

2. Statehood would offer Puerto Rico a stronger economic position. Puerto Rico became a tourism and manufacturing dynasty at the conclusion of Operation Bootstrap, with American companies flooding the island with new opportunities thanks to cheaper labor and attractive tax laws.

What are the taxes like in Puerto Rico?

There is only limited funding for food stamps, Medicaid, and other benefits that most Americans take for granted. The sales and use tax rate in the territory is 10.5\%, but Puerto Rico’s income tax is only 4\%. There are no taxes on dividends either or are there any capital gain taxes to worry about when living on the island.

How bad is the education system in Puerto Rico?

The education system in Puerto Rico is just as bad as it is in the US, in that it produces masses of mediocre people that just can’t make it outside of the island economy. If you’ve lived there, you know what I mean by that.