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As of 2012, the real estate industry in Puerto Rico constituted about 14.8% of the gross domestic product of Puerto Rico, about 1% of all of the employee compensation on the island and, together with finance and insurance ( FIRE ), about 3.7% of all the employment on the jurisdiction.
Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico. Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is ...
The Puerto Rico statehood movement ( Spanish: movimiento estadista de Puerto Rico) aims to make Puerto Rico a state of the United States. Puerto Rico is an unincorporated territorial possession of the United States acquired in 1898 following the Spanish–American War, making it "the oldest colony in the modern world". [1] [a] As of 2023, the population of Puerto Rico is 3.2 million, around ...
Puerto Rico [i] ( Spanish for 'rich port'; abbreviated PR ), [15] officially the Commonwealth of Puerto Rico, [b] [j] is a Caribbean island, Commonwealth, and unincorporated territory of the United States. It is located in the northeast Caribbean Sea, approximately 1,000 miles (1,600 km) southeast of Miami, Florida, between the Dominican Republic and the U.S. Virgin Islands, and includes the ...
Vieques ( / viˈeɪkəs / ⓘ; Spanish pronunciation: [ˈbjekes] ), officially Isla de Vieques, is an island and municipality of Puerto Rico, a United States territory in the northeastern Caribbean. Vieques is part of a group of islands sometimes known as the Spanish Virgin Islands; Puerto Rico, as a whole, is located just west of the U.S. Virgin Islands. Vieques is part of the Commonwealth of ...
Arecibo ( / ˌærəˈsiːboʊ /; Spanish pronunciation: [aɾeˈsiβo]) is a city and municipality on the northern coast of Puerto Rico, on the shores of the Atlantic Ocean, located north of Utuado and Ciales; east of Hatillo; and west of Barceloneta and Florida. It is about 50 miles (80 km) west of San Juan, the capital city.
Ponce ( US: / ˈpɔːnseɪ, ˈpoʊn -/, UK: / ˈpɒnseɪ /, Spanish pronunciation: [ˈponse] ⓘ) is a city and a municipality on the southern coast of Puerto Rico. [25] The most populated city outside the San Juan metropolitan area, was founded on August 12, 1692 [note 1] [26] [20] [27] [17] and is named after Juan Ponce de León y Loayza, [28] the great-grandson of Spanish conquistador Juan ...
The geography of Puerto Rico consists of an archipelago located between the North Atlantic Ocean and the Caribbean Sea, east of Hispaniola, west of the Virgin Islands, north of Venezuela, and south of the Puerto Rico Trench, the deepest point in the Atlantic Ocean. As the easternmost and smallest of the Greater Antilles, the main island of Puerto Rico is about 178 kilometers long (110 statute ...