Description
Seeking 2+ remote-work freelance blog and article writers for immediate hire for two business websites: relocatepuertorico.com and eb5an.com.
7 cents per word. Average post: 1000+ words.
Expect about 20 hours of work per week. Articles will be assigned weekly.
Businesses deal with real estate, immigration, taxes, and investment. Articles range on the aforementioned topics, as well as tangential subjects of interest.
Please submit a resume and a re-writing sample, based on the 300-word excerpt below. Rewritten sample should also be about 300 words.
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300-WORD ARTICLE SAMPLE FOR REWRITING:
MEETING THE DONATION REQUIREMENT FOR PUERTO RICO’S LUCRATIVE ACT 60 INDIVIDUAL RESIDENT INVESTOR TAX INCENTIVE
The Act 60 Individual Resident Investor tax benefit is aimed at high-net-worth individuals who are willing to relocate to Puerto Rico in exchange for a 0% tax rate on income from interest, dividends, capital gains, and crypto assets. To benefit from the incentive, a decree holder must meet certain criteria, including establishing bona fide residency in Puerto Rico and filing an annual report to maintain compliance.
One more important condition Act 60 Individual Resident Investor decree holders must fulfill to enjoy the 0% capital gains tax rate is an annual donation of $10,000 to qualifying nonprofits in Puerto Rico. Act 22 holders are only required to give a donation of $5,000, but holders of the Act 60 decree, which was signed into law in July 2019, replacing Act 22, must donate double the amount. Decree holders can freely choose the organization they donate to as long as it fits the Puerto Rican government’s requirements.
Everyone who submitted their application for this tax decree after July 2019 is subject to the new Act 60 rules of a $10,000 donation. However, it isn’t a single donation of $10,000—you must split the amount into two donations of $5,000 each. Qualifying nonprofits are subject to the same rules as Act 22 decree holders: they must operate within Puerto Rico and not be owned or operated by the donor, their family, or their partner. Act 60 decree holders must also make their donation prior to December 31 and prove their donation in their annual report in May of the following year.
Despite the annual $10,000 donation requirement, the Act 60 Individual Resident Investor tax benefit can result in significant tax savings for decree holders. Many decree holders also fall in love with Puerto Rico upon their move to the island and enjoy their days on the beach under the Puerto Rican sun while reaping the benefits of Puerto Rico’s lucrative tax incentives.