I'm in Puerto Rico, moved here from the states two years ago.
There are a number of tax incentives for people wanting to start tech companies here. Google Puerto Rico Act 20.
Short version:
"Act 20 offers a four (4)% corporate tax rate for Puerto Rican businesses providing services for exportation, 100% tax-exempt dividends from earnings and profits derived from the export services income of eligible businesses, and a 60% exemption on municipal taxes."
Eligible businesses include IT software development.
Besides the tax benefits there are a lot of other things to like here.
There are a number of tax incentives for people wanting to start tech companies here. Google Puerto Rico Act 20.
Short version: "Act 20 offers a four (4)% corporate tax rate for Puerto Rican businesses providing services for exportation, 100% tax-exempt dividends from earnings and profits derived from the export services income of eligible businesses, and a 60% exemption on municipal taxes."
Eligible businesses include IT software development.
Besides the tax benefits there are a lot of other things to like here.