PRSUN Radio chats on tourism with Secretary Jose Ramon Perez Riera

PUERTO RICO LAUNCHES CAMPAIGN TO ATTRACT AMERICAN BUSINESS AND TOURISTS Development program includes deep financial incentives for companies and individual investors The government of Puerto Rico launched its new economic development program and provided an update on tourism on the Island at a special event at the NASDAQ MarketSite featuring key leaders from the public and private sectors. The “Puerto Rico Does It Better” campaign is the public face of the government’s campaign to attract American business and tourists to the island and emphasize the Island’s commitment to quality. Puerto Rico has experienced spectacular growth in its hospitality industry with new boutique, luxury and business hotels recently opening on the island and exciting new properties to soon follow. These hotels are key differentiators for the Island and will help attract additional tourists to Puerto Rico. Puerto Rico also offers multiple advantages to American businesses and individuals that are looking to expand into the Caribbean, especially in the areas of green energy, hospitality, housing and public-private partnerships on large infrastructure projects: · A gateway to mainland United States and to Latin America with modern and first-in-class infrastructure that includes one of the largest ports in the Western hemisphere and a major international airport. · An innovative housing stimulus plan that offers significant incentives to potential buyers of new and existing homes, rental properties and small commercial properties · Highly competitive tax, financing and other incentives with a fast-track permit process for investors. · A highly skilled, highly educated, low-cost and bilingual workforce that practices high standards of quality and service. · The confidence of operating within the security and stability of U.S. federal laws, regulations and judicial systems. source: Government of Puerto Rico