Earlier quoted context omitted.
How is healthcare in PR now?
I can't speak for its quality, but in terms of cost it's much more affordable than the US equivalent. According to the article, finding specialists in certain medical fields is apparently beginning to become a problem.
Millennials returning to Puerto Rico, launching startups
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Re: Millennials returning to Puerto Rico, launching startups
#32Local here. Feel free to contact me (check profile) for anything. :) We have a incubator called parallel18, and a couple of working spaces. It's not a super huge tech scene but the people are awesome.
How's the internet there? I'd imagine that would be a significant barrier to productivity.
It's an awesome spot for working remotely if you're into the water.
Re: Millennials returning to Puerto Rico, launching startups
#33Earlier quoted context omitted.
I can't speak for its quality, but in terms of cost it's much more affordable than the US equivalent. According to the article, finding specialists in certain medical fields is apparently beginning to become a problem.
I would imagine an authority on Puerto Rico would know what country they were in.
Re: Millennials returning to Puerto Rico, launching startups
#34I was born and raised in Puerto Rico, but left to work in tech. As with any place, there's some good points and there's some bad points. Below are some points that someone moving to Puerto Rico might want to know. In my opinion, their greatest achievement has been in its educational system. Despite its huge list of problems, UPR enables people of any background to receive an affordable high quality college education.…
Re: Millennials returning to Puerto Rico, launching startups
#35I was born and raised in Puerto Rico, but left to work in tech. As with any place, there's some good points and there's some bad points. Below are some points that someone moving to Puerto Rico might want to know. In my opinion, their greatest achievement has been in its educational system. Despite its huge list of problems, UPR enables people of any background to receive an affordable high quality college education.…
How is healthcare in PR now?
That's a sailor's perspective on PR healthcare. Since I'm not part of their health care system I looked at it as is it worth it here or do I sail 6 hours to DR. Antibiotics there are 50cents.
Re: Millennials returning to Puerto Rico, launching startups
#36Re: Millennials returning to Puerto Rico, launching startups
#37Earlier quoted context omitted.
How's the internet there? I'd imagine that would be a significant barrier to productivity.
To boost productivity, wouldn't you want the internet to be really bad most of the time? Like "only good enough to read textual docs and ssh into AWS" bad.
Re: Millennials returning to Puerto Rico, launching startups
#38For anyone looking to be in Puerto Rico, the massive tax incentives help as well. http://puertoricotaxincentives.com/
US Virgin Islands are similar as well. Definitely real challenges though... these places are poor tropical backwaters. It's a shame as it's beautiful and full of potential.
The incentives of the USVI EDC Program* are quite significant. It's one of the only legal loopholes for US citizens to avoid most income taxes. The main catch is, you have to hire 10 people, including 8 locals (this can include yourself):
- 90% reduction in corporate income tax
- 90% reduction in personal income tax
- 100% exemption on gross receipt tax
- 100% exemption on business property tax
- 100% exemption on excise tax payments
- Reduction in the customs duty from the standard 6% to 1%
- Tax reduction on royalty income from software developed in the USVI and sold to non-US customers
- Availability of rental space at below market rates in the St. Croix and St. Thomas Industrial Parks
* https://www.usvieda.org/incentives/edc-programRe: Millennials returning to Puerto Rico, launching startups
#39I was born and raised in Puerto Rico, but left to work in tech. As with any place, there's some good points and there's some bad points. Below are some points that someone moving to Puerto Rico might want to know. In my opinion, their greatest achievement has been in its educational system. Despite its huge list of problems, UPR enables people of any background to receive an affordable high quality college education.…
Re: Millennials returning to Puerto Rico, launching startups
#40Earlier quoted context omitted.
How is healthcare in PR now?
PR is a developed country in a developing country neighbourhood. Healthcare is cheaper than the US but some specialties are hard to get an appointment. The neighbours, DR Cuba, FWI, are a cheap ferry or puddle jump away. So for the common ailments, you have neighbouring islands keeping prices in check. That's a sailor's perspective on PR healthcare. Since I'm not part of their health care system I looked at it as is…