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It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
Loans for this type of land might have more favorable interest rates and lower minimum down payment requirements in comparison to raw or unimproved land. Your financing options for buying land ...
Trump repeatedly suggested taking federal money for Puerto Rico to buy Greenland, and discussed trading the island for the territory. Trump later told New York Times journalists Peter Baker and Susan Glasser in an interview for their book, The Divider , that he was enamored by the deal for the size of the island, and thought it was a great real ...
Buying a vacation home in Puerto Rico offers endless opportunities for Caribbean beach holidays. And since Puerto Rico is an American territory, you don’t have to worry about any restrictions or ...
Puerto Rico is Spanish for "rich port". [21] Puerto Ricans often call the island Borinquen, a derivation of Borikén, its Indigenous Taíno name, which is popularly said to mean "Land of the Valiant Lord".
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
Puerto Rican jíbaro in a sugar-cane field during harvest, ca. 1941. Jíbaro (Spanish: [ˈ x i β a ɾ o]) is a word used in Puerto Rico to refer to the countryside people who farm the land in a traditional way.
At the beginning of the 19th century, Don Sebastian Serrallés, a Spaniard from Begur, Girona, Catalonia, Spain, settled in Ponce and founded Hacienda Teresa. [10] [11] [12] Following in his father's footsteps, Juan Serrallés Colón founded a sugarcane hacienda (plantation) in 1861 [13] in Ponce and named it Hacienda Mercedita, in honor of his wife Mercedes Perez (1845–1922). [14]