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I should have clarified why I put residency in quotes. I should have put “citizenship” in quotes as I was merely saying that citizenship isn’t required as PR is a commonwealth of the US. Nothing more or less than that.

The only thing I’m wondering is whether capital gains taxes in PR for someone that has attained “citizenship” are taxed. I know that gains prior to “citizenship” are taxed, but I’m wondering about after “citizenship.” From what I have found, they are not taxed at all based on Act 20. It is name the Indivudual Investors Act come to think of it. That is really all I’m asking about after having looked at the options. I don’t think there is a need to judge and estimate whether or not I’m skirting the rules. In fact, I’m not, but appreciate your concern.

That will be all. I can do my own homework as needed.

A.J.
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