{"id":703,"date":"2024-09-27T19:41:06","date_gmt":"2024-09-27T23:41:06","guid":{"rendered":"https:\/\/myhomepage33.wpcomstaging.com\/ley-23\/"},"modified":"2025-10-24T00:36:39","modified_gmt":"2025-10-24T00:36:39","slug":"ley-22","status":"publish","type":"page","link":"https:\/\/prnosevende.com\/en\/ley-22\/","title":{"rendered":"Act 22"},"content":{"rendered":"<div class=\"wp-block-cover alignfull has-parallax\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--40);min-height:606px;aspect-ratio:unset;\"><div class=\"wp-block-cover__image-background wp-image-3965 has-parallax\" style=\"background-position:50% 50%;background-image:url(https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Hero_Ley-22@0.5x-scaled.jpg)\"><\/div><span aria-hidden=\"true\" class=\"wp-block-cover__background has-base-background-color has-background-dim-0 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-8df25361 wp-block-cover-is-layout-constrained\">\n<div style=\"height:294px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-global-padding is-layout-constrained wp-container-core-group-is-layout-8f6f1862 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-group alignfull has-contrast-background-color has-background has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-525b7e33 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--40);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-6b615b05 wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-right:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<h1 class=\"wp-block-heading is-style-asterisk has-base-color has-text-color has-link-color has-xx-large-font-size wp-elements-61ab58210803e7d1246c44d9e3800bac\" id=\"Que-es-la-ley22\"><strong><strong>What is Act 22?<\/strong><\/strong><\/h1>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-base-color has-text-color has-link-color has-medium-font-size wp-elements-634cbc3fcd9bfca2639340ae4aeb2d24\" style=\"line-height:1.5\">Originalmente titulada \u201c<em>Ley Para Incentivar el Traslado de Individuos Inversionistas a Puerto Rico<\/em>\u201d fue aprobada en el 2012 y luego enmendada en el 2019, para formar parte de la Ley 60, \u201c<em>C\u00f3digo&nbsp;de Incentivos de Puerto Rico<\/em>\u201d, junto a otros incentivos.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:7px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f44759ab wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<figure class=\"wp-block-image size-large wp-duotone-unset-1\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo-768x1024.png\" alt=\"\" class=\"wp-image-3952\" style=\"object-fit:cover\" srcset=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo-768x1024.png 768w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo-225x300.png 225w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo-113x150.png 113w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo-1152x1536.png 1152w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Estatua-Cristobal-colon-en-Arecibo.png 1500w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h2 class=\"wp-block-heading has-base-color has-text-color has-link-color has-large-font-size wp-elements-007adfd51e582ccbf6d66dcdfac69df2\" style=\"font-style:normal;font-weight:500\">\u00bfA qui\u00e9nes beneficia?<\/h2>\n\n\n\n<p class=\"has-base-color has-text-color has-link-color has-medium-font-size wp-elements-58ca6bc8351b42c6d541fe3f427a47ce wp-container-content-9cfa9a5a\">Con la promesa de atraer capital externo e inversionistas extranjeros al archipi\u00e9lago la Ley 22&nbsp; permite que aquellos que cualifiquen y obtengan <em>decreto como individuos inversionistas<\/em> puedan acceder a una variedad de beneficios para los cuales <em>no cualifican<\/em> las personas residentes de Puerto Rico.<br><br>Estos beneficios incluyen una exenci\u00f3n contributiva del 100% sobre intereses, dividendos y ganancias de capital, lo que resulta en $0 de impuestos sobre esas fuentes de ingresos.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-base-color has-text-color has-link-color has-large-font-size wp-elements-e9527a3ee7d184cb5a3f85735ec0abd8\" style=\"font-style:normal;font-weight:500\">Act 22 Requirements<\/h2>\n\n\n\n<ul style=\"color:#F9F8F5\" class=\"wp-block-list\">\n<li>Not being a resident of Puerto Rico between 2006 and 2012 and not having a taxable home outside of Puerto Rico.&nbsp;<\/li>\n\n\n\n<li>Reside at least 183 of 365 days a year in Puerto Rico.<\/li>\n\n\n\n<li>Donate $10,000 to Puerto Rican non-governmental organizations<\/li>\n\n\n\n<li>Buy a house in Puerto Rico during the two-year period after obtaining the decree<br><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-contrast-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-8c174d0b wp-block-group-is-layout-constrained wp-container-3 is-position-sticky\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--60)\">\n<div class=\"wp-block-group alignwide is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center is-style-default has-base-color has-text-color has-link-color has-x-large-font-size wp-elements-304527b238777d6b904a45252eee82dc\" id=\"por-que-eliminar-las-disposiciones-de-la-ley-22\"><strong>Why eliminate the provisions of Act 22?<\/strong><\/h2>\n\n\n\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cover alignfull is-light has-parallax\" style=\"padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50);min-height:481px;aspect-ratio:unset;\"><div class=\"wp-block-cover__image-background wp-image-864 has-parallax\" style=\"background-position:50% 50%;background-image:url(https:\/\/myhomepage33.wpcomstaging.com\/wp-content\/uploads\/2024\/10\/Capitolio-de-PR_.jpg)\"><\/div><span aria-hidden=\"true\" class=\"wp-block-cover__background has-base-background-color has-background-dim-0 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-e4fd886c wp-block-cover-is-layout-constrained\">\n<div style=\"height:199px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-base-background-color has-background has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-733701de wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-6b615b05 wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-right:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<h2 class=\"wp-block-heading is-style-asterisk has-x-large-font-size\" id=\"impacto-economico\"><strong><strong>1. Lack of Transparency<\/strong><\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-medium-font-size translation-block\" style=\"line-height:1.5\"><em>Despite this data being <strong>public information<\/strong>, it is not yet available to the general public or the press, even after specific requests and litigation in this regard. \n<a href=\"https:\/\/periodismoinvestigativo.com\/2022\/11\/tribunal-supremo-reitera-que-los-informes-sobre-beneficiarios-de-ley-22-son-informacion-publica\/\" target=\"_self\">.<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f44759ab wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large wp-duotone-unset-4\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1-768x1024.png\" alt=\"\" class=\"wp-image-3951\" srcset=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1-768x1024.png 768w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1-225x300.png 225w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1-113x150.png 113w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1-1152x1536.png 1152w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Poster-1.png 1500w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">The Department of Economic Development (DDEC) \"cannot\" oversee the program adequately.&nbsp;<\/h3>\n\n\n\n<p class=\"has-medium-font-size wp-container-content-9cfa9a5a\">The agency in charge of granting and supervising the decrees has indicated that <strong>it does not have the necessary tools to supervise compliance with the decrees granted under Law 22.<\/strong> There was no supervision during the first eight years after the approval of the law, creating an information vacuum about the appropriate use,  benefits or deficiencies of the program.&nbsp;<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">Who does the DDEC protect?<\/h3>\n\n\n\n<p class=\"has-medium-font-size\">With its lack of transparency and desire to hide information about individual investors, the DDEC protects and benefits people who receive personal income or income from their companies fraudulently or illegally. From the beginning of Law 22 to the present day,<strong> <\/strong><a href=\"https:\/\/periodismoinvestigativo.com\/2021\/06\/fracasa-la-ley-22\/\"><strong><em>individual investors<\/em> have been accused of corporate and government fraud, money laundering, fraud, embezzlement, and investment fraud, <\/strong><\/a>among other crimes.<br><br>Despite the fact that the DDEC announced a general audit of compliance with Law 22 in March 2021, <strong>the results are still unknown as of this date.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns has-medium-font-size is-layout-flex wp-container-core-columns-is-layout-59e203da wp-block-columns-is-layout-flex\" style=\"padding-right:0;padding-left:0;line-height:1.5\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-813f68c6 wp-block-column-is-layout-flow\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;flex-basis:100%\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cover alignfull is-light\" style=\"padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50);min-height:400px;aspect-ratio:unset;\"><img loading=\"lazy\" decoding=\"async\" width=\"1800\" height=\"1200\" class=\"wp-block-cover__image-background wp-image-3966\" alt=\"\" src=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x.jpg\" style=\"object-position:52% 93%\" data-object-fit=\"cover\" data-object-position=\"52% 93%\" srcset=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x.jpg 1800w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x-300x200.jpg 300w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x-1024x683.jpg 1024w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x-150x100.jpg 150w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x-768x512.jpg 768w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Taxthem@1.5x-1536x1024.jpg 1536w\" sizes=\"auto, (max-width: 1800px) 100vw, 1800px\" \/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-base-background-color has-background-dim-0 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-e4fd886c wp-block-cover-is-layout-constrained\">\n<div style=\"height:199px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-base-background-color has-background has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-e3c5fc18 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-6b615b05 wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-right:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<h2 class=\"wp-block-heading is-style-asterisk has-x-large-font-size\" id=\"evasi\u00f3n-contributiva\"><strong><strong><strong><strong><strong>2. IRS and Tax Evasion&nbsp;<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-medium-font-size\" style=\"line-height:1.5\"><em>In 2023, <a href=\"https:\/\/fortune.com\/2023\/07\/19\/puerto-rico-helping-irs-investigation-100-wealthy-americans-island-tax-breaks-cheat-taxes\/\">the IRS announced an investigation of 100 wealthy Americans<\/a> who may be using island\u2019s tax breaks to cheat on taxes.&nbsp;<\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f44759ab wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">Individual investors \u201cplay\u201d with the system in Puerto Rico<\/h3>\n\n\n\n<p class=\"has-medium-font-size wp-container-content-9cfa9a5a\">Individual investors who use the subterfuge of not declaring their income as coming from the United States <strong>benefit from the essential services provided by the states and Puerto Rico without paying taxes in any jurisdiction.<\/strong><br><br>Even in compliance with IRC Section 937, the IRS believes that individual investors may be misreporting US source income as Puerto Rico source income to avoid paying taxes in the United States.&nbsp;<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">The United States Congress in search of explanations<\/h3>\n\n\n\n<p class=\"has-medium-font-size\">The campaign carried out by the IRS originated when<strong> <\/strong>el <a href=\"https:\/\/news.bloombergtax.com\/daily-tax-report-state\/irs-seizes-foothold-on-puerto-rico-tax-haven-audits\">Congress asked the IRS for a report on Puerto Rico's tax incentives<\/a> due to concerns about the possibility of tax evasion practices.&nbsp;<br><br>Near the end of 2023, a dozen congresspeople sent <a href=\"https:\/\/velazquez.house.gov\/sites\/evo-subsites\/velazquez.house.gov\/files\/evo-media-document\/final-letter-urging-the-irs-to-expedite-foia-re-auditing-efforts-on-act-22-beneficiaries-rep.-velazquez-002_0.pdf\">a letter to the IRS<\/a> asking for explanations regarding their lack of supervision of Law 22&nbsp;<br><br>In 2024, and anonymous agent inside the IRS <a href=\"https:\/\/www.nytimes.com\/2024\/05\/28\/business\/irs-puerto-rico-tax.html\">denounced that the audit process of Law 22 had not been carried out properly<\/a>. In response to these complaints, the agency announced that they would be <a href=\"https:\/\/news.bloombergtax.com\/daily-tax-report-state\/irs-launches-last-minute-audits-aimed-at-puerto-rico-tax-abuses\">assigning more agents<\/a> to the investigation.<\/p>\n\n\n\n<div class=\"wp-block-columns has-medium-font-size is-layout-flex wp-container-core-columns-is-layout-59e203da wp-block-columns-is-layout-flex\" style=\"padding-right:0;padding-left:0;line-height:1.5\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-813f68c6 wp-block-column-is-layout-flow\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;flex-basis:100%\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-base-background-color has-background has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-6230a03f wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-6b615b05 wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-right:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<h2 class=\"wp-block-heading is-style-asterisk has-x-large-font-size\" id=\"3-impacto-economico\"><strong><strong><strong><strong><strong><strong>3. Economic Impact<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-medium-font-size\" style=\"line-height:1.5\"><em>Despite having very little information and transparency about who benefits and what are the profits of individual investors, the few data available reveal that <strong>the People of Puerto Rico lose billions of dollars<\/strong> due to Law 22.<\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:11px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f44759ab wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:45%\">\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large wp-duotone-unset-7\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/myhomepage33.wpcomstaging.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-819x1024.png\" alt=\"\" class=\"wp-image-1040\" srcset=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-819x1024.png 819w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-240x300.png 240w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-120x150.png 120w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-768x960.png 768w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-1229x1536.png 1229w, https:\/\/prnosevende.com\/wp-content\/uploads\/2024\/10\/Artboard-2-1-1638x2048.png 1638w\" sizes=\"auto, (max-width: 819px) 100vw, 819px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:5%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">The Department of the Treasury that cannot do anything<\/h3>\n\n\n\n<p class=\"has-medium-font-size wp-container-content-9cfa9a5a\">The data available on the economic impact of the decrees granted is very scarce and one of the reasons is that the Treasury Department has neither sufficient authority nor resources to oversee and revoke decrees.&nbsp;<br><br>As published by the Treasury in March 2023 in its <a href=\"https:\/\/prnosevende.com\/wp-content\/uploads\/2025\/10\/prter25_12-3-24_js3_eb3_final_version.1_12.06.2024_rev_acp_june.pdf\">Informe de Gastos Tributarios para los A\u00f1os contributivos 2024 a 2030<\/a>, el Gobierno de Puerto Rico ha dejado de generar alrededor de $18,400 millones por concepto de la Ley 22. <\/p>\n\n\n\n<p class=\"has-medium-font-size wp-container-content-9cfa9a5a\">M\u00e1s de <strong>dieciocho mil millones perdidos <\/strong>en medio de una crisis fiscal donde el pa\u00eds sufre incertidumbre sobre la operaci\u00f3n de servicios esenciales.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">The Department of Economic Development (DDEC) has gone years without auditing beneficiaries<\/h3>\n\n\n\n<p class=\"has-medium-font-size\"><strong>From 2015 to 2021, the DDEC had not verified any annual report filed by individual investors <em>individual investors<\/em><\/strong><em>,<\/em> failing to comply with its obligation under the statute to audit the 3,311 people covered by Law 22.&nbsp;<br><br>El Secretario de Hacienda ha establecido que&nbsp; la falta de transparencia dentro del DDEC sobre qui\u00e9nes tienen <em>decrees <\/em>in force under Law 22 means that the <strong>Treasury only has an <em>estimated<\/em> number of forms that it must receive from the beneficiaries of Law 22. <\/strong>There is no way to have a real measurement of the economic impact of a group without knowing who and how many they are.<\/p>\n\n\n\n<div class=\"wp-block-columns has-medium-font-size is-layout-flex wp-container-core-columns-is-layout-59e203da wp-block-columns-is-layout-flex\" style=\"padding-right:0;padding-left:0;line-height:1.5\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-813f68c6 wp-block-column-is-layout-flow\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;flex-basis:100%\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-accent-2-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-f6cc5ae6 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide are-vertically-aligned-bottom has-contrast-color has-text-color has-link-color wp-elements-6881db8cc716b528876f4e3e08ee3b5d is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"wp-block-heading is-style-asterisk has-contrast-color has-text-color has-link-color has-x-large-font-size wp-elements-d217246c9cf247eea431a74972476e43\" id=\"desplazamiento\"><strong>4. Displacement<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-contrast-color has-text-color has-link-color has-medium-font-size wp-elements-65f69727432abd88d5fc11cf26bb9a83\" style=\"line-height:1.5\">The purchase of properties and land by individual investors has disproportionately increased property values \u200b\u200bin the areas and towns where their investment has been concentrated. <em>individuos inversionistas<\/em><strong><em> <\/em><\/strong>ha incrementado considerablemente el precio de bienes ra\u00edces en \u00e1reas y pueblos donde se ha concentrado su inversi\u00f3n. <strong>Most Puerto Ricans are unable to pay the inflated purchase prices and inflated rents of today's market.&nbsp;<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide has-contrast-color has-text-color has-link-color wp-elements-dddc7b65ff3f0cda04b0d46a0f270b1b is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"margin-top:0;margin-bottom:0\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bad Bunny - El Apag\u00f3n - Aqu\u00ed Vive Gente (Video Oficial) | Un Verano Sin Ti\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/1TCX_Aqzoo4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-549b0c86 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.34%\">\n<p class=\"has-medium-font-size\">This has led to the <strong>displacement of Puerto Ricans from their communities where they have their personal, family,  cultural and historical ties. <\/strong>These communities are forever disrupted and their continuity and history are endangered.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<p class=\"has-contrast-color has-text-color has-link-color has-medium-font-size wp-elements-1b368de401590cc85922abb76d7c2592\">Nearly 50% of the families that rent in Puerto Rico <a href=\"https:\/\/newsismybusiness.com\/puerto-rico-legal-aid-barely-33-of-325m-in-rent-payment-aid-has-been-used\/\">invest more than a third of their income towards paying rent<\/a>. This increases their home insecurity, particularly when faced with risks such as natural disasters and unemployment.&nbsp;<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.34%\">\n<p class=\"has-medium-font-size\"><strong>In its customary lack of transparency, the government of Puerto Rico does not provide official data on the tendency of individual investors to buy properties that make up entire neighborhoods and communities. <strong>These investors are buying up entire sectors, forcing communities to move to then convert the properties into AirBnB or for resale at much  higher prices.&nbsp;<\/strong><\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide has-contrast-color has-text-color has-link-color wp-elements-fe73eae18843a22fc07a68205929d13f is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"margin-top:0;margin-bottom:0\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u00bfPuertorrique\u00f1os desplazados? Lo que dicen se vive en Puerta de Tierra\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/sE5ZuNtOK-A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-549b0c86 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color has-link-color has-large-font-size wp-elements-9121a2e40049dd45bd64cfb14524c728\"><strong>The displacement and gentrification that began in the municipality of Dorado and sectors of the metropolitan area, has now become  a threat in many areas, particularly coastal towns, around the entire island. Some examples are:<\/strong><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide are-vertically-aligned-top is-layout-flex wp-container-core-columns-is-layout-549b0c86 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-top is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h4 class=\"wp-block-heading is-style-asterisk has-large-font-size\" id=\"el-municipio-de-quebradillas\">The Municipality of Quebradillas<\/h4>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color has-medium-font-size wp-elements-c1e5a9bad6d79fdba1be5120dd01134f\"><strong>A former Republican senator from Rhode Island, Giovanni Feroce, displaced renters<\/strong> who were already paying about $600 a month, already exceeding the average monthly rent in that municipality.<br><br>In anexample of the dubious reputation of various individual investors, <strong>Feroce is listed as #3 on the list of the 100 <\/strong><a href=\"https:\/\/tax.ri.gov\/guidance\/reports\/top-100\/top-100-income-tax-delinquents\"><strong>biggest tax offenders<\/strong><\/a><strong> in the state of Rhode Island, with a debt of $1.2 million.&nbsp;<\/strong><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-top is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h4 class=\"wp-block-heading is-style-asterisk has-contrast-color has-text-color has-link-color has-large-font-size wp-elements-349a9da87abf30f4cd0b1f7f68b96db6\" id=\"municipio-de-cabo-rojo\"><a href=\"https:\/\/laislaoeste.com\/la-gentrificacion-arropa-el-oeste-de-puerto-rico\/\">Municipality of Cabo Rojo<\/a><\/h4>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color has-medium-font-size wp-elements-1397e5ccb072073eb846602f83103327\">A group of residents of a community in that municipality were forced to sell their properties after <strong>they were denied the necessary construction permits to fix their homes <\/strong>after Hurricane Mar\u00eda.&nbsp;<br><br>After they sold their properties, <strong>the new owners were granted the necessary permits to redevelop the properties for the purpose of selling them at a higher value or using them as short-term rentals.<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-549b0c86 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h4 class=\"wp-block-heading is-style-asterisk has-large-font-size\" id=\"puerta-de-tierra-municipio-de-san-juan\">Residents of Puerta de Tierra, San Juan<\/h4>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color has-medium-font-size wp-elements-ca0ee0eefa00201128d02ba6525b369b\">Residents of Puerta de Tierra, where entire blocks of the historic community have been displaced, as well as residents of the communities of Santurce in San Juan.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h4 class=\"wp-block-heading is-style-asterisk has-contrast-color has-text-color has-link-color has-large-font-size wp-elements-1031e5c86a48e8dda5bd01b89af91a36\" id=\"los-municipios-de-vieques-quebradillas-aguadilla-luquillo-y-rincon-solicitaron-a-la-asamblea-legislativa-la-derogacion-de-la-ley-22\">The municipalities of Vieques, Quebradillas, Aguadilla, Luquillo and Rinc\u00f3n<strong> <\/strong><a href=\"https:\/\/jayfonseca.com\/comunidades-reclaman-derogar-ley-22-en-pro-de-vivienda-asequible-documentos\/\"><strong>requested the Legislative Assembly to repeal Act 22 due to its local impacts.<\/strong><\/a><strong>.<\/strong><\/h4>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-cover alignfull is-light has-parallax\" style=\"padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50);min-height:400px;aspect-ratio:unset;\"><div class=\"wp-block-cover__image-background wp-image-856 has-parallax\" style=\"background-position:50% 50%;background-image:url(https:\/\/myhomepage33.wpcomstaging.com\/wp-content\/uploads\/2024\/10\/Destruccion@0.75x.jpg)\"><\/div><span aria-hidden=\"true\" class=\"wp-block-cover__background has-base-background-color has-background-dim-0 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-e4fd886c wp-block-cover-is-layout-constrained\">\n<div style=\"height:199px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-base-background-color has-background has-global-padding is-content-justification-center is-layout-constrained wp-container-core-group-is-layout-e3c5fc18 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-6b615b05 wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-right:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:30%\">\n<h2 class=\"wp-block-heading is-style-asterisk has-x-large-font-size\" id=\"impacto-ambiental\"><strong><strong><strong><strong><strong><strong><strong>5. <strong><strong><strong>Environmental Impact<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p class=\"has-medium-font-size\" style=\"line-height:1.5\"><em>The property and land purchases by individual investors <strong>has had a <\/strong><a href=\"https:\/\/periodismoinvestigativo.com\/2023\/11\/inversionistas-de-ley-22-atraidos-por-el-desarrollo-costero-en-medio-de-la-crisis-climatica\/\"><strong>direct impact on the environment<\/strong><\/a><strong>,<\/strong> especially land near the  coasts and those near natural landscapes, which are preferred by investors.<\/em><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-f44759ab wp-block-columns-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-b108c007 wp-block-column-is-layout-flow\" style=\"padding-right:0;padding-left:0;flex-basis:45%\">\n<div style=\"height:11px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:5%\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-e3d1c41b wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">Illegal Development of Natural Resources<\/h3>\n\n\n\n<p class=\"has-medium-font-size wp-container-content-9cfa9a5a\">This new trend in the real estate market has <strong>disproportionately increased the value of coastal land, beaches, and mangroves that protect the coasts of Puerto Rico and other natural resources.<\/strong>&nbsp;<br><br>The new market value of these properties and lands and the ability to generate profits have led to their development without considering the environmental impact and often illegally. <br><br><strong>Several investment and development projects that directly affect the environment have recently been denounced.<\/strong><br><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-large-font-size\" style=\"font-style:normal;font-weight:500\">Denounced Proyects<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/periodismoinvestigativo.com\/2022\/03\/negligencia-local-y-federal-propicia-crimen-ambiental-en-la-bahia-de-jobos-en-salinas\/\">Deforestation of mangroves<\/a> and filling of wetlands in a nature reserve <a href=\"https:\/\/www.noticel.com\/ahora\/top-stories\/20230511\/federales-radican-cargos-contra-dos-por-construccion-ilegal-en-la-bahia-jobos\/\">in Salinas for private use.<\/a>.&nbsp;<br><\/li>\n\n\n\n<li>The expansion of a luxury housing complex, Bahia Beach, in R\u00edo Grande, which threatens the Espiritu Santo Nature Reserve.<br><\/li>\n\n\n\n<li>The <a href=\"https:\/\/www.elnuevodia.com\/noticias\/locales\/notas\/construccion-sobre-cueva-las-golondrinas-en-aguadilla-la-ilegalidad-no-va-a-pasar-impune\/\">Luxury housing development<\/a> for sale directly above the Las Golondrinas cave in Aguadilla.<br><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-columns has-medium-font-size is-layout-flex wp-container-core-columns-is-layout-59e203da wp-block-columns-is-layout-flex\" style=\"padding-right:0;padding-left:0;line-height:1.5\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-813f68c6 wp-block-column-is-layout-flow\" style=\"padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;flex-basis:100%\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide has-contrast-color has-text-color has-link-color wp-elements-fae876b83baddd9ec87f045e877d0936 is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\" style=\"margin-top:0;margin-bottom:0\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Camper Paradise en Las Mareas, Salinas\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/se4HdAJ0K20?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p class=\"has-contrast-color has-text-color has-link-color wp-elements-60bf8c67e2b6a9a3c02661d382b116e1\"><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>\u00bfQu\u00e9 es la Ley 22? Originalmente titulada \u201cLey Para Incentivar el Traslado de Individuos Inversionistas a Puerto Rico\u201d fue aprobada en el 2012 y luego enmendada en el 2019, para formar parte de la Ley 60, \u201cC\u00f3digo&nbsp;de Incentivos de Puerto Rico\u201d, junto a otros incentivos. \u00bfA qui\u00e9nes beneficia? Con la promesa de atraer capital externo [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-703","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/pages\/703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/comments?post=703"}],"version-history":[{"count":20,"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/pages\/703\/revisions"}],"predecessor-version":[{"id":4216,"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/pages\/703\/revisions\/4216"}],"wp:attachment":[{"href":"https:\/\/prnosevende.com\/en\/wp-json\/wp\/v2\/media?parent=703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}