Metro Puerto Rico review: Puerto Rican push to highlight benefits of laws 20/22
Recently, the digital newspaper Metro Puerto Rico reviewed the tools that Impulse Boricua has created to educate about the benefits of Laws 20 and 22, now Law 60, and their positive impact on Puerto Rico's economic development.
The Impact of Laws 20 and 22
On our website, www.impulsoboricua.com, we present compelling data on the impact of these laws. Thanks to these incentives, more than 62,500 jobs have been created, generated annual revenues of more than $240 million for the government and promoting charitable contributions that exceed $15 million each year. These numbers reflect how incentives have boosted our island's economic and social growth.
Debunking Myths with Facts
At Impulse Boricua, we are also dedicated to debunking the myths surrounding these incentives. Some critics suggest that these programs are costly for the government and citizens, but the data shows the opposite: these incentives have a return on investment and without them, investors would not have selected Puerto Rico as a destination, depriving the island of the benefits of their investments.
Benefits for Diverse Sectors
Laws 20 and 22 have been essential to revitalize sectors such as manufacturing, tourism, local entrepreneurship and creative industries. These incentives have attracted capital and fostered innovation, contributing significantly to Puerto Rico's economic development. For example, projects such as Campo Caribe in Barranquitas, the largest hydroponic farm in the Caribbean, are possible thanks to these incentives.
A Promising Future
We are convinced that the incentives of Law 60 will continue to attract investment and promote development in Puerto Rico. These programs are designed to benefit the Puerto Rican community without displacing local residents.
At Impulso Boricua, we firmly believe in the transformative power of economic incentives. We invite everyone to learn more about our mission and the benefits of Law 60 by reading the full article from Metro Puerto Rico here. Together, we can continue to build a prosperous Puerto Rico full of opportunities.