The Massachusetts Exit: A High-Tax State Departure
Act 60: Your Gateway to Tax-Advantaged Living in Puerto Rico
Becoming a Bona Fide Resident of Puerto Rico
Frequently Asked Questions
How does Act 60 benefit a former Boston resident?
A former Boston resident can benefit from a 0% tax rate on capital gains and certain other income, a significant saving compared to Massachusetts' high state taxes. Our review ensures you are structured to maximize these benefits.
What are the biggest mistakes people make when moving from a high-tax state?
The most common mistake is failing to completely sever ties with their former state, leading to continued tax liability. Our comprehensive analysis is designed to identify and flag these potential issues before they become problems.
Why is a third-party review of my tax strategy important?
An independent, third-party review provides an unbiased assessment of your compliance and can identify potential risks or opportunities missed by your primary advisor. Our CPA-verified process offers a crucial second opinion for your peace of mind.
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This content is for informational purposes only and does not constitute tax, legal, or accounting advice.
