Puerto Rico’s 0% Crypto Tax (Act 60): Too Good to Be True? 🤔

Thinking of moving to Puerto Rico for that sweet 0% crypto capital gains tax? Hold up—there’s a lot you need to know before packing your bags! 🇵🇷💸Before you pack your bags, you need to know the risks, requirements, and IRS red flags that could cost you thousands (or even disqualify you). In this video, we break down Act 60, the residency rules, and common mistakes that could trigger an IRS audit.Here’s what you’ll learn:🔹 How the IRS tracks Puerto Rico tax residents (and what they look for)🔹 The 3-year rule that could make or break your tax savings🔹 The “Closer Connection” test that could disqualify you🔹 Why just moving to PR isn’t enough to secure the 0% rate🔹 Common IRS audit triggers
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