The recession hit Puerto Rico's already struggling economy hard. So the island, a U.S. territory that can make its own tax laws, is pitching an attractive offer to the wealthy: Move to this warm, tropical isle and live virtually tax-free.
Source: http://www.npr.org/2013/06/28/195152925/puerto-rico-rolling-out-the-welcome-mat-for-millionaires?ft=1&f=1006
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