William Cameron
American expat in Puerto Rico
Forum posts
77
About me
American
Speaks English but learning Spanish
Registration: 09 May 2021
Expat tax services in PR by miss.lmarie
Hi everyone,I'm new to this forum but have seen really old posts regarding tax services for expats. Can anyone recommend a tax preparer/CPA that has experience/specializes in tax preparation for PR and also United States returns? I will need to file ...
@miss.lmarieYes, it is hard to get competent accounting help. I highly recommend Fernando ***. As you can see he is also a lawyer and worked at Grant Thornton specifically on Act 60.FERNANDO ***Managing Member at ... Read More
Solar with battery systems for home by robertomartinezsr
Hello all:I am looking for any recommendations on a solar panel / battery company in Puerto Rico. I purchased a home in July and would like to move off the grid as much as possible, with solar and battery configuration, to power home in the event ...
Just 1 addition, if you are grid tied and LUMA goes down, your system will be shut down, because sending electric current back over the LUMA lines could endanger workers and people. if you have batteries, they close the loop and your solar panels ... Read More
Solar with battery systems for home by robertomartinezsr
Hello all:I am looking for any recommendations on a solar panel / battery company in Puerto Rico. I purchased a home in July and would like to move off the grid as much as possible, with solar and battery configuration, to power home in the event ...
Big topic. Planet Solar, Windmar… many others. Costco uses Planet Solar. Windmar is huge. They have relationships with local “banks” cooperativas. You can get financing up to $75K at about 5.5% for 15-20 years. The banks will ... Read More
Building in Puerto Rico by GuestPoster59009
Good Day, Thank you in advance for your helpful information. My wife and I are wanting to build our forever retirement home. We have purchased a lot and looking to start the process with an architect/engineer. We interviewed the first engineer over ...
I am on the east side, Palmas Del Mar.I know several homes that have been given estimates of $300 and more and I am purchasing a home, the appraiser used $358 per sq fit for his cost basis analysis.But, good for you. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
@Ordep1957 thank you for the kind words. No I don’t have any knowledge of prefabs, though I have seen one person doing things with shipping containers. I think you can google it. Read More
How much would it be to ship a car to the island by fredicastro
thank you for the warm welcome. Well, my name is Ivette and I am in the process of moving back to 🇵🇷 after 35 years. I left Bayamon when I joined the Army in 1986. And now, my 3 children are adults with homes, careers, and families ...
Again, if you go to the Suri site suri.hacienda…. (The site won’t let me post the link), scroll down three rows in the center you will see a link for vehicles. You can put in your vin and it will tell you the tax. ’you will still ... Read More
How much would it be to ship a car to the island by fredicastro
thank you for the warm welcome. Well, my name is Ivette and I am in the process of moving back to 🇵🇷 after 35 years. I left Bayamon when I joined the Army in 1986. And now, my 3 children are adults with homes, careers, and families ...
There are a few steps to importFind a car transport company, google will help there are severalThey will most likely use Crowley out of Jacksonville FL.You will need to get the car there.There is an import excise tax. It is collected by the ... Read More
CRIM question by bkettren
When we bought our property in Maunabo in January we were told we need to register the property with the CRIM (property taxes) before the end of 2017. The new deed was registered with the Puerto Rico department of Treasury right after the ...
Your lawyer / notary should have filled out and filed an AS-52 form with the new deed.Create an account and check on your name and address if you can’t find it…I would call. Our paperwork was lost. I emailed the form with the deed and ... Read More
Building in Puerto Rico by GuestPoster59009
Good Day, Thank you in advance for your helpful information. My wife and I are wanting to build our forever retirement home. We have purchased a lot and looking to start the process with an architect/engineer. We interviewed the first engineer over ...
If you use an Architect, they work off an industry standard fee, it is about 10-12% for design and plans. They should give you a good idea of the construction cost. Prices of higher end homes are skyrocketing. This creates demand for builders, when ... Read More
Building in Juana Diaz by esaisantiago
Hey Guys, I own 3 acres of land in Juana Diaz and considering building a home it. I'm working with an architect in san juan for the design but til then I have no idea what the average cost per sq meter to build in this area. I've searched ...
I agree. I am building a larger custom home, the cost of construction, not architect, land, permits…. Is now estimated at $275 per square ft. When you add , permits, professional fees…. Add another 12-15%. Then the land, a lot in Dorado ... Read More
Building Permits in Puerto Rico by CoachTrana
We have purchased land near Aguada on the beach. We have received a bid for building a home from a local company. The bid includes Schematic Design architectural $5,950 Construction Documents $4,462 Construction ...
Take a look at this link from the AIA. It should answer most questions. https://network.aia.org/HigherLogic/System/DownloadDocumentFile.ashx?DocumentFileKey=f7ea7369-a39e-4310-837d-f0d0d0c06270 Read More
Building Permits in Puerto Rico by CoachTrana
We have purchased land near Aguada on the beach. We have received a bid for building a home from a local company. The bid includes Schematic Design architectural $5,950 Construction Documents $4,462 Construction ...
Licensed architect that belong to the AIA use a standard fee schedule. The fee is typically 10-12% of construction cost for a custom home. Some builders will also have an architect on staff for much less but, then you have the fox in the hens ... Read More
All about taxes for expats in Puerto Rico by Diksha
Hi everyone, Taxation is an important subject, especially when you are an expatriate in Puerto Rico. We would like to know what you think about the tax system in your host country. This could be helpful to other people preparing for expatriation ...
I think there is a lot of misunderstandings especially about Act 20/22/60. As with most trades in PR, I contacted about a dozen CPA firms from May through last week but, only 3 set up a introductory call. I have an LLC with less than $3m in ... Read More
Looking for a bank account that can be set up from the states by jillmedina
I am trying to establish a bank account in PR that would allow us to have visa and most importantly ATH access. Has anyone been able to set up an account while being physically in the states? We will not be on the island for apx 2 more months.
A thought, you can write a check on your Banco Popular account and use the Chase app to deposit it. I have Bank of America and my BP checks clears within 48 hours on my deposit via the app, there are no transfer fees. Read More
Looking for a bank account that can be set up from the states by jillmedina
I am trying to establish a bank account in PR that would allow us to have visa and most importantly ATH access. Has anyone been able to set up an account while being physically in the states? We will not be on the island for apx 2 more months.
The question, rhetorical, is why? Do you need it to prove residency? Us banks allow you to change addresses and keep your bank account. So my main account is still with Bank of America. I do have a Banco Popular, note - don’t use them, for my ... Read More
Transitioning help needed by jillmedina
We are struggling trying to get anyone to answer any of the phone numbers we have been given and hoping to somewhat group all of the questions in one post here: 1) how did you ship your household good here from the mainland and what was the cost? ...
As for an address, look for a PO Box company, there is likely one near where you will stay until the home is built, best of luck. Read More
Transitioning help needed by jillmedina
We are struggling trying to get anyone to answer any of the phone numbers we have been given and hoping to somewhat group all of the questions in one post here: 1) how did you ship your household good here from the mainland and what was the cost? ...
Re shipping. Contact UPACK, it’s ABF freight. They will drop a container, multiple sizes, at your home. You pack it they come back and pick it up and ship it. A 28’ container (28x8x9) is about $6K from Jacksonville to your home in PR ... Read More
Transitioning help needed by jillmedina
We are struggling trying to get anyone to answer any of the phone numbers we have been given and hoping to somewhat group all of the questions in one post here: 1) how did you ship your household good here from the mainland and what was the cost? ...
To register the car you will need to get it out of the Crowley lot at the port. Check in With Crowley security, go inside get paperwork, go outside to the cashier and pay the Crowley fee, then back to the parking lot and pay the suri tax. There are ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
We are still in the design phase. It’s about 5,500 sq ft on a hill. It does have Miami dade hurricane glazing, pool, solar, cistern…. We hope to have it to the arb in a few weeks. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
G, That did not work out. I would recommend hiring an architectural firm and not a one person shop. I’ve retained integra.com in San Juan 787-767-2111 They do residential, commercial and government. That means all experts are in-house. The ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
Regarding rates, construction loans typically do have a higher rate than a straight mortgage. Questions: Does the loan convert to a regular mortgage, is the mortgage rate the same as the construction rate, and of course you may be able to refi, ... Read More
Registering my car in Puerto Rico by Kassanova
Hi, I've just moved here to Luquillo and I shipped my financed car out here. Is the registration process different here in PR for a financed car vs when you own the car? I do not have the title, I'm still making payments...
You are welcome… one more thing. Payment at CESCO is by “Stamps” you can buy these through the appointment website, or at the lawyers/doctors office usually within a minute walk of the CESCO doors. Again the appoint site ... Read More
Registering my car in Puerto Rico by Kassanova
Hi, I've just moved here to Luquillo and I shipped my financed car out here. Is the registration process different here in PR for a financed car vs when you own the car? I do not have the title, I'm still making payments...
This is an old thread and things have changed. I don’t know much about bringing a financed car, other than you need a letter from the lender. To register the car you will need to get it out of the Crowley lot at the port. Check in With ... Read More
New members of the Puerto Rico forum, introduce yourselves here - 2021 by Julien
Hi all, Newbie on the Puerto Rico forum? Don't know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more ...
I concur, Palmas Del Mar Read More
Building Homes in PR by Live2sparkle
I have seen a few posts from people who have built a house or will build a house on the island. Rey, I know you have a beautiful lot that you posted a photo of. And a few others, whose names escape me at the moment, have mentioned building. I am ...
I will give an update. We decided to build a home before we came. Buying land was easy, the rest has been a Bit of a challenge and much of it is because our inexperience. All homes in PR should be reinforced cast in place concrete, where they bring ... Read More
Doing business in an Act 60 LLC before the Grant is approved by William Cameron
I can’t seem to get an accountant to respond to me. It’s Puerto Rico, 😁😁 I have an LLC and it is in the process of being reviewed for the Act 60 grant. I would like to know if I can begin to do business in it while ...
I hired them last February. The fee may have changed. I apologize if it has. They have many references but, part 1 is simply establishing the corporation (LLC). I don’t think this is different from a Puerto Rican citizenry an act 60 ... Read More
Doing business in an Act 60 LLC before the Grant is approved by William Cameron
I can’t seem to get an accountant to respond to me. It’s Puerto Rico, 😁😁 I have an LLC and it is in the process of being reviewed for the Act 60 grant. I would like to know if I can begin to do business in it while ...
I really would recommend hiring a firm like PR Advantage, they understand the entire process. The basic steps are, get the PR corporation documents going, these will include background checks from your state or county police in the US. You will ... Read More
Building Homes in PR by Live2sparkle
I have seen a few posts from people who have built a house or will build a house on the island. Rey, I know you have a beautiful lot that you posted a photo of. And a few others, whose names escape me at the moment, have mentioned building. I am ...
Lisa, You should live where you like.there are many micro climates in PR and then there are urban, suburban and rural areas. Mountains and beaches…. I wouldn’t be afraid to live anywhere, I live near Humacao about 300’ from the ... Read More
Building Homes in PR by Live2sparkle
I have seen a few posts from people who have built a house or will build a house on the island. Rey, I know you have a beautiful lot that you posted a photo of. And a few others, whose names escape me at the moment, have mentioned building. I am ...
Also there is a site Hazard.atcouncil.org It gives exact site elevation and wind speed expectations. Residential building are “Type II” It also has earthquake info. Just type in the address Read More
Building Homes in PR by Live2sparkle
I have seen a few posts from people who have built a house or will build a house on the island. Rey, I know you have a beautiful lot that you posted a photo of. And a few others, whose names escape me at the moment, have mentioned building. I am ...
I agree with saysme! If you build don’t build to a minimum code, build to what you should expect, on the east side, north and south shores 200mph winds and 6-8 foot surge. On the west side 150mph winds but also earthquakes and you could have ... Read More
Moving to PR with kids - where to live? by rcohn79
Hello- We are considering moving to PR in January. We live 40 minutes outside NYC. We have two small dogs, a cat, and a guinea pig. I love citing living, but I want to see all the options plus, my girls are used to having a yard, and I have dogs. ...
Talk to people about traffic too. Some places might be close but during rush hour it can be like NYC, a 30 minutes trip takes 90 frustrating minutes or more. I wouldn’t suggest anything more than 10-15 miles from San Juan. That leaves a lot ... Read More
visit puerto rico for 2 wks. .thanks. by csnchz1913
:heart: plan to visit puerto rico for 2 weeks.no covi vacine i will take the test..before boarding the plain..
If you have your vaccines, you do not need a test. You will need to fill out the PR travel safe form. It is easy and it allows you to upload a photo of the vaccine card. It then generates a QR code, you show the QR code and ID to the health official ... Read More
How can people buy a house in PR if they make less by NobodyCares
Hello Everyone, I ask this question for many reasons. We are buying a $250k house in Puerto Rico. I make over $3400/month and I'm being told I need to make more than that to afford a 2 family house in Puerto Rico. I'm the only one ...
I spoke with Banco P. They use the standard 30% rule, no more than 30% of your gross can go to mortgage and debt service. Also they want a 20% down payment. Other banks, Oriental for example, may have different requirements. I own a home and I ... Read More
Doing business in an Act 60 LLC before the Grant is approved by William Cameron
I can’t seem to get an accountant to respond to me. It’s Puerto Rico, 😁😁 I have an LLC and it is in the process of being reviewed for the Act 60 grant. I would like to know if I can begin to do business in it while ...
You can only apply for the grant as an LLC so that must be incorporated first. You will need all the approvals you would need to open a corporate bank account then you fill out the grant application. I believe the approval is retroactive to any ... Read More
Purchase a home in Puerto Rico by darcybrookins
My husband is in a wheelchair so we found a handicap beach in Lugillo and love the area. How do we purchase a home here? We tried two homes and realtor says 'no available.' Discouraged.
Luquillo is a desirable area. Properties will go fast. My suggestion is find a good broker and work with them. They should have experience in the Loquillo area. You might consider looking at the point2homes.com site and checking all properties in ... Read More
Looking for advice by sahidavargas
Good morning, my name is Sahida my husband and I live here in London England. We moved here from USA lived in New York then moved to Florida. We have 3 grown kids. My husband's family is from Puerto Rico. We visited the island couple of times. ...
I can answer a couple of the questions. Car insurance can be as low as $100 per year of you are happy with the government mandated liability policy, $4,500 per event I think. It’s liability only, no collision…. Google Marbetta payment ... Read More
New members of the Puerto Rico forum, introduce yourselves here - 2021 by Julien
Hi all, Newbie on the Puerto Rico forum? Don't know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more ...
I’ll give one thought. The southeast coast from Humacao to Lamboglia. Especially from Yabacoa south. Look at the Punta Tuna area. There are mountains with unbelievable ocean vistas and beautiful beaches. Humacao has 3 hospitals and Costco is ... Read More
How to pick up our shipped car from San Juan Port? by liuyi9509
Hi I researched everywhere but I couldn't find answer for this. We are using https://www.puertoricocartransport.com to ship our car from states. It is door to port service that we need to drive it home ourselves from port when it arrives. However, ...
It would probably be easier to buy one here, but the costs of cars are significantly higher here. Consider 1) the cost of shipping, 2) the SURI import tax, 3) time. We sent a 2018 Hyundai Tucson. We delivered it ourselves to the Crowley terminal ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
Ana, see the post below for Vanessa’s info. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
I was away for a couple days so sorry for the delay. My architect is Vanessa Sifontes. Her mail is designconcepts@prw.net. We are very happy with her.. Read More
Last will and testament by poor boy
I am making out my will. A do it yourself one off the web. Leaving all to kids. I have been here in Puerto Rico a year. I own a House here, and my grown kids are living in my mainland house. Have any of you folks heard of any problems with making ...
Inheritance laws in PR are not like the states. If he dies without a will I understand it can be difficult to get the estate settled. Also there is no community property. For example, if the house was just in his name and not also his others ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
And I think the fees range from 9-12% depending on the project. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
Ana, This is from my architectural design contract…. “For Design services I propose a fixed fee of $xxxxx based in our Puerto Rico Professional Practice Manual Fee table with payments allocated as follow: At contract acceptance ... Read More
New members of the Puerto Rico forum, introduce yourselves here - 2021 by Julien
Hi all, Newbie on the Puerto Rico forum? Don't know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more ...
I don’t think there is a lot of new construction in PR. I am in Palmas Del Mar on the east side. There are some new buildings coming on the market but, not many. Here, we have large multi- million dollars homes with amazing views, down to ... Read More
How to pick up our shipped car from San Juan Port? by liuyi9509
Hi I researched everywhere but I couldn't find answer for this. We are using https://www.puertoricocartransport.com to ship our car from states. It is door to port service that we need to drive it home ourselves from port when it arrives. However, ...
I use google on my Mac, and translated the site. The first time I couldn’t get the links to work, a week later I could. Read More
How to pick up our shipped car from San Juan Port? by liuyi9509
Hi I researched everywhere but I couldn't find answer for this. We are using https://www.puertoricocartransport.com to ship our car from states. It is door to port service that we need to drive it home ourselves from port when it arrives. However, ...
I suggest getting a PO Box from one of the mail service companies. It will work Next go to the CESCO site, I don’t know if there is an English version, then go to the especial link, you will need to make an appointment, ours was a 10 day ... Read More
PR with Small children by stephanihayden
We will be on the island for a few months and we are looking for a smaller town on the coast. The main factor is enrolling my two elementary school age kids for the 3mo we are there. The school would need to be bilingual as they have some Spanish. ...
A few pieces of advice regarding limited Spanish…. 1) if you meet someone at say DMV, or LUMA, or other large company that doesn’t speak English, make sure you explain you don’t speak Spanish… and apologize. We have never ... Read More
PR with Small children by stephanihayden
We will be on the island for a few months and we are looking for a smaller town on the coast. The main factor is enrolling my two elementary school age kids for the 3mo we are there. The school would need to be bilingual as they have some Spanish. ...
Also don’t believe the use multiple agents thing. Like in the US most work specific areas and they all know each other. They get a bit perturbed, just as in the US, when they find out you are working with multiple agents in the sane area. I ... Read More
PR with Small children by stephanihayden
We will be on the island for a few months and we are looking for a smaller town on the coast. The main factor is enrolling my two elementary school age kids for the 3mo we are there. The school would need to be bilingual as they have some Spanish. ...
Yes, very well and he his a really nice person. Tell him I referred you. Read More
PR with Small children by stephanihayden
We will be on the island for a few months and we are looking for a smaller town on the coast. The main factor is enrolling my two elementary school age kids for the 3mo we are there. The school would need to be bilingual as they have some Spanish. ...
Oops, I did. It see the 3 months….. short term rentals are very scarce. Read More
PR with Small children by stephanihayden
We will be on the island for a few months and we are looking for a smaller town on the coast. The main factor is enrolling my two elementary school age kids for the 3mo we are there. The school would need to be bilingual as they have some Spanish. ...
Consider Palmas Del Mar on the east coast. It is a large gated community but close to Humacao… Walmart, Walgreens, Home Depot, 3 hospitals, lots of doctors. It is about 30 minutes from Caguas (Costco and Sams), and it takes me 45 minutes to ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
I just did a simple google search …”Puerto Rico Credit Unions” A list and map came up. If you zoom in to the west side several show up. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
I think the credit unions stay close to home. I am on the east side. My guess is Rinco, Mayaguez and Agudilla likely have them. Here it is Los Pierdras, and San Lorenz, ( I probably miss peels them) near Humacao and Caguas. Read More
Banking by NotSoObscure
Hola! Is it possible to open Banco popular here in Georgia or do i have to wait to come to PR to open it there? I dont have an address there yet and wont have a permanent one when i get there right away?
No, the electric company is now LUMA, you can call them and get someone who speaks English. We just had our appointment to change the service to our name yesterday, it was a 20 day wait. In Palmas we have our own water utility, I think most of the ... Read More
Banking by NotSoObscure
Hola! Is it possible to open Banco popular here in Georgia or do i have to wait to come to PR to open it there? I dont have an address there yet and wont have a permanent one when i get there right away?
I believe you have to come in. They ask for real ID (Drivers License, Passport), actual, not photo, Social Security Card. It is the know your customer laws. You can keep your US bank, we have aBank of America and changed our address to our new PR ... Read More
Theft and corruption in Puerto Rico by frogface
This question is NOT meant to criticize the wonderful, warm folks of of Puerto Rico.Have you experienced Theft and Corruption on the island? Perhaps perspective expats can read them and be better informed of reality.. Do you have any stories to ...
One story is not the whole truth, just part of the truth. Like everywhere in the world, Puerto Rico does have crime. But…. We moved to Palmas Del Mar, a gated community, and have had zero experience with crime. I lived on the upper west side ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
They said they would look at it but, they use individual investors and we’re not positive they would get one to fund the loan. I would need to go back when I am closer. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
Rudy, try the local credit unions. Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
I was told from a 1st Bank rep, which means I can’t be sure, that 1st Bank does not do construction loans. I have learned there are several local credit unions and that several do construction loans. However, the ones I have been in contact ... Read More
Doing business in an Act 60 LLC before the Grant is approved
I can’t seem to get an accountant to respond to me. It’s Puerto Rico, 😁😁 I have an LLC and it is in the process of being reviewed for the Act 60 grant. I would like to know if I can begin to do business in it while ... Read More
Construction Loans in Puerto Rico by William Cameron
I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ...
I have an advanced degree in econometrics, worked for 13 years on wall st, did derivatives, taught derivatives, and have had over 10 mortgages. My wife was a senior leveraged buyout lender. She wrote checks for $500mm typically for leverage buyouts ... Read More
Construction loan to build house in Puerto Rico by NobodyCares
Hello, I'm a Veteran and I would like to build a house in Puerto Rico. Which bank did you use that offered a construction loan to build your house? Could you explain in detail what information does the bank need to be approved for the loan and ...
I can only tell you about my experience, so far, with Banco Popular. The require a 750+ Fico score. If you own the property, they will only give you 45% of its value as equity. If you don’t, they will finance the land, max 50% but, this will ... Read More
Family of (3) + two dogs: Move from Utah to PR- Real Estate by PR-Scott & Erika
Hello We are a family of three. Husband and I, and our soon to be 17 year old. We are looking to move to PR Spring 2022 (if not sooner). Waiting for 2nd grandbaby and possibly teenager to finish Jr. Year -2021. In Search of: 1. Multi-Family Home ...
I would make a few suggestions, there are other Facebook groups... join them. Make sure you are looking in the PR Classifieds, many properties are only listed there. Understand right now, like many other places, it is hard to find a home to buy ... Read More
Construction Loans in Puerto Rico by William Cameron
I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ...
We are in Palmas Del Mar. We have bought the land and have an architect. We are in the first revision process. Then the arb, then, Humacao permits, then bids for the project. So probably 3-4 months from builders. It is a 6,000 + sq ft home. If ... Read More
Puppy transport by amoracanecorso
Helloo,i am a breeder here in USA and wish to ship a puppy to Puerto Rico.I have check so many airlines and they don't ship pet this time around.i just wanna know if someone ship a puppy to or from Puerto Rico?which airline you used to ...
We came down a month early because we were concerned they would stop shipping dogs. We came on 4/22 and the dogs were bumped from the 11 am flight but were rebooked on an 8.15 am flight. We considered ourselves lucky. If you search for live animal ... Read More
Construction Loans in Puerto Rico by William Cameron
I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ...
Gracias por Su ayuda! 😁😁 My favorite Spanish phrase. Read More
Construction Loans in Puerto Rico
I am hoping but, not hopeful that someone knows a lender that will fund a construction loan in PR other than Banco Popular. BP has told me they take as long as 180 business days to approve a loan after you get a bid from a licensed builder. That ... Read More
Puppy transport by amoracanecorso
Helloo,i am a breeder here in USA and wish to ship a puppy to Puerto Rico.I have check so many airlines and they don't ship pet this time around.i just wanna know if someone ship a puppy to or from Puerto Rico?which airline you used to ...
We shipped via American but, you cannot book more than 10 days in advance and they will not ship an animal if the temperature will be 85 degrees or above at the departure airport, any interim stops, or in San Juan. They do not ship at night and they ... Read More
New members of the Puerto Rico forum, introduce yourselves here - 2021 by Julien
Hi all, Newbie on the Puerto Rico forum? Don't know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more ...
SZ… I’m afraid I cannot give you much information on living in San Juan. I think if you live near the old town and Condado you will be able to walk to the beach, shops and restaurants. You probably wouldn’t want a car in that ... Read More
New members of the Puerto Rico forum, introduce yourselves here - 2021 by Julien
Hi all, Newbie on the Puerto Rico forum? Don't know how to start? This thread is for you ;) We invite you to introduce yourself on this topic, to share with us your expat story if you are already living in the country, or to tell us more ...
My experience …. not necessarily others experience. As for the car, we used a company that books through Crowley out of Jacksonville FL. They contract for a lot of space so are cheaper than booking directly with Crowley. The cost was $1800. I ... Read More
Real estate agent by Reilly100.05
Why cant i get a realtor to call me back here? I am interested in looking at some listing but no one gets back to me. Why??
Regarding our RE experience. We decided to move to PR last September. We came down to Palmas Del Mar in early October and had no issue finding someone to show us around. There were lots of properties for rent and sale. In January, we emailed asking ... Read More