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Here’s one thing Puerto Rico is doing to help the local economy

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SAN JUAN (Puerto Rico Buzz) – The government of Puerto Rico will hold a forum in order to stimulate investors’ and entrepreneurs’ interest in the local economy.

The Invest Puerto Rico Forum will be held on September 20 and 21, at the Puerto Rico Convention Center in San Juan.

“We are working to position Puerto Rico as a hub for innovation and investment as we continue to integrate ourselves in the global economy,” said Ricardo Rosselló, governor of Puerto Rico, to Vibe.com. “These efforts, combined with a solid incentives program, will allow the island to compete with the largest world economies.”


During this first edition of the forum, attendees will learn about the island’s competitive advantages for investment, tax incentive programs, structural reforms underway, and infrastructure, energy, technology, real estate and tourism projects, among others.

“Puerto Rico is special, it offers two things you can’t get in other places: We use an Act 20 company to provide services to people around the world,” said Walter Keenan, CEO of Advantage Insurance, a company that specializes in providing customized insurance services to high-net-worth individuals and business owners.

“We also use Act 22, which has helped us to recruit people to come to Puerto Rico,” said Keenan. The island offers a unique set of laws, incentives, and infrastructure that lets a business like ours succeed around the world.

“We have established an economic development model based on knowledge and innovation, focused on the emerging industries of research and development (R&D), technology, and exportation service,” said Rosselló.




The two-day event presents a complete in depth agenda, diving into the many advantages and unmatched tax incentives that the Island offers prospective investors. Local and Federal Government Officials together with private industry leaders and early adopters will guide you through each program, including Acts 20 and 22, and other industry-specific incentives and competitive advantages, as well as provide insights on what its like to live in Puerto Rico.

This includes the offers of 0% tax on dividends and capital gains for individuals, 4% corporate tax rate on net income for businesses exporting services out of Puerto Rico and 60% exemption on municipal gross receipt tax, among others. In addition, during both days, individual meetings will be held between potential investors and heads of government agencies for each industry.


The event showcases top investors, law firms, accounting firms, financial institutions and leading multi-national companies who do business in Puerto Rico, as well as heads of government. It is a perfect chance to learn about investment opportunities in the island, as well as network with fellow investors and members of many industries.

The 1st Invest Puerto Rico Forum is an event for entrepreneurs and investors alike. For more information and registration access: investprforum.com.


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Puerto Rico is Open for Tourists

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(SAN JUAN, Puerto Rico Buzz) – Travelocity® and Expedia Media Solutions®, in collaboration with the Puerto Rico Tourism Company, are ramping up efforts to help shift public perception of the situation in Puerto Rico, this week.

Puerto Rico has always been a popular destination for travelers, as well as a fantastic, long-term partner, and we jumped at the chance to work with Travelocity to support the Puerto Rico Tourism Company,” said Wendy Olson Killion, global senior director for Expedia Media Solutions. “The collaborative campaign will ensure new and repeat visitors know Puerto Rico is again open for tourism, and that tourism will positively impact the island’s economy and contribute to recovery efforts.”

Approximately 68,000 locals are employed in the tourism sector, according to the World Travel and Tourism Council. With this importance to the economy, the simple and enjoyable act of visiting Puerto Rico can make a huge difference. For more information on the Island, travelers can also visit SeePuertoRico.com.

“We are thrilled to have our Travelocity and Expedia partners join in spreading the word that the Island is, in fact, open for tourism,” said Carla Campos, acting executive director of the Puerto Rico Tourism Company. “It is with pride and hospitality, traits that characterize our people, that we welcome visitors with open arms, because coming to visit us is the best way to support us right now.”

The campaign, which was donated on behalf of Travelocity and Expedia Media Solutions, includes on site advertising placements, a dedicated page highlighting the hotels and resorts that are open for business in Puerto Rico, and useful content about the country on the Travelocity “Inspire” blog.

Travelocity is offering $150 off a $1500 package booking with code CARIBNOW from now until February 6th, 2018 for travel between now and September 16th, 2018. For full terms and conditions visit http://travelocity.us/PuertoRico.

SOURCE Travelocity

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Rosselló Asks Police Officers to Return to Work

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(SAN JUAN, Puerto Rico Buzz) – Gov. Ricardo Rosselló asked members of the Puerto Rico Police Department to return to work, Jan. 8.

The massive absenteeism of police officers has been largely attributed to the lack of overtime pay in the aftermath of Hurricane Maria, but some say it goes back even further.

“I ask of any partner of the uniformed force that is not attending [work]at this moment – I ask of them to return,” said Rosselló. It’s not just about giving a message about a series of initiatives, but it’s a matter of safety for our people.

Rosselló is currently evaluating how police officers that missed work, will be reprimanded.

“We’re establishing which administrative measures will take place,” said Rosselló. There’s a lot of information that needs to be gathered.

At times, approximately 8,000 police officers have missed worked, out of about 14,000 islandwide.

Police union representatives have said that police officers are using their sick and holiday time available.

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Watch Carmen Yulín Suck Up a Load of Bribe Cash

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(SAN JUAN, Puerto Rico Buzz) – Here we go again. Another Carmen Yulín appearance on The Simpsons.

Spoiler alert: Donald Trump tries to bribe Robert Mueller with a room full of cash. Mueller leaves.

Then Carmen Yulín walks into the room dressed as a housemaid before revealing her usual “comandante de la revolución” outfit.

Yulín then pulls out a vacuum cleaner to suck up the loads of American cold-hard-cash bribe money.

Mueller Meets Trump, Season 29

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