As the old saying goes, never let a crisis go to waste. While many of us are wondering what it will take to achieve recovery in PR, some entrepreneurs have a plan.
From the NY Times: Making a Crypto Utopia in Puerto Rico. An excerpt from the article:
Puerto Rico offers an unparalleled tax incentive: no federal personal income taxes, no capital gains tax and favorable business taxes — all without having to renounce your American citizenship.
The Diva wants to point out that during recovery some business interests that are not those most desirable by many will consider the disaster an opportunity — for example, casino owners move quickly to acquire coastal property. This crypto currency venture is a new one.