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The 20/22 Act Society is a membership-based organization composed of individuals from various places throughout the world, who have relocated to Puerto Rico due to the benefits provided under Puerto Rico Acts 20 and 22 of 2012. One of the first individuals to move to the Island was the founder of the 20/22 Act Society, Mr. Robb Rill.


The Society serves as a venue to clarify general concerns, gathering those interested in relocating with those that have already made Puerto Rico their home by sharing their experiences and making them part of a like-minded community. We provide free guidance to everyone that reaches out with an interest in relocating to Puerto Rico under the aforementioned Acts, to make sure that potential and current beneficiaries of tax exemption decrees granted under the Acts are fully cognizant of their compliance obligations.


Our ultimate purpose is to serve as the voice that encourages the significant impacts that the 20/22 community can have in Puerto Rico’s nonprofit sector. The 20/22 Act Foundation Inc. was established to support and work directly with local charities, by allocating monetary contributions that are obtained as part of the educational and social efforts made through the Society. We extend our help to diverse philanthropic areas, regarding but not limited to animal welfare, children, education, elderly care, and homeless areas. The Foundation is certified as a nonprofit organization under both; the Puerto Rico Internal Revenue Code Section 1101.01 and the Federal Internal Revenue Code Section 501(c)(3).


Understanding the requirements and clarifying misinformation helps prevent undue and unwelcome scrutiny. As a benefit, the Society provides a one-stop source of accurate information about the Acts and their related requirements to legally benefit from them.
Our reach has allowed us to develop an ongoing feedback relationship with the governmental, private, and entrepreneurial sectors to ensure our concerns, objectives, and recommendations are heard, as an effort to preserve the benefits granted.
Belonging to a group of like-minded and similarly situated peers can make adjusting to this new environment much pleasant and more comfortable. Society's events help gather those interested in relocating to Puerto Rico with those that have already taken the step and made Puerto Rico their home; as an opportunity for them to share their experiences, clarify their general concerns, and establish relationships between other members.
The 20/22 Act Society is committed to giving back to Puerto Rico in appreciation for the benefits that living here provides to its members. We recognize the vast necessity that exists on the island; through our Foundation, we look forward to helping those in need and contribute to fulfill those areas.


The Society supports several local organizations. These charities grant scholarships for students to attend universities, which otherwise they could not have afforded the opportunity. They provide computers for children from low-income schools. They offer services to the homeless and the elderly on the Island. The Society also works to diminish the abandonment of animals through rescue, low-cost spaying, and neutering campaigns.


  • Puerto Rico operates under the legal, financial, and banking systems of the United States.
  • Residents of Puerto Rico are protected under U.S. law and do not require a passport for travel between the Mainland and Puerto Rico.
  • English and Spanish are the official languages of Puerto Rico.
  • Currency: U.S. dollar.
  • The Gross Domestic Product per capita in Puerto Rico was last recorded at 27340.65 US dollars in 2018.
  • Puerto Rico is part of U.S. free trade zones and customs system.
  • Regulated banking system which is also insured by the Federal Deposit Insurance Company (FDIC).
  • No federal income tax.
  • Controlled Foreign Corporation (CFCs) tax treatment, in which federal income taxes are deferred until repatriation of profits.
  • Cost Advantages vs. Continental U.S.
  • Legal safeguards and presence of U.S. federal court.
  • Puerto Rico is under the protection of the Homeland Security Act.
  • Puerto Rico is under the U.S. legal framework and intellectual property protection.
  • The Luis Muñoz Marín International Airport is the largest and busiest airport in the Caribbean.
  • There are eight regional airports to reach every corner of the islands, most frequently used are on San Juan, Aguadilla, Ponce, Vieques, and Culebra.
  • Many major airlines provide operations in Puerto Rico, including American Airlines, Continental, Delta, United, JetBlue, US Airways, Southwest and Virgin Atlantic.
  • The literacy rate of the Puerto Rican population is 93.3%
  • Highly acclaimed private schools for all levels of education.


Following the Spanish-American War, Spain ceded Puerto Rico to the United States under the 1896 Treaty of Paris. At this time, the economy of Puerto Rico heavily relied on its sugar crop. In the middle of the century, free-market reforms spread across the island, transforming Puerto Rico into the manufacturing powerhouse and prominent tourist destination that we recognize today. The legislature of Puerto Rico sought to add to this legacy through Acts 20, 22, and 273, which have been recently codified and maintained under Act 60 of 2019, also known as the “Code of Incentives of Puerto Rico”.


Innovative and radical changes are taking place in Puerto Rico. In 2012, the legislature enacted a law to encourage investors and service providers of all industries to relocate their headquarters and service activities on the island. In return for the island’s gained economic growth, these organizations and individuals are allowed impressive and compelling benefits. These new benefits apply to individuals and organizations who relocate to Puerto Rico and include significant reductions of income taxes on long-term capital gains, dividends, interest, and revenues from services. These benefits are possible since the income generated from sources within Puerto Rico by a Puerto Rican individual or a Puerto Rico-based company is generally not subject to US federal taxes.


We, the 20/22 Act Society, are excited to share and educate how Puerto Rico’s legislative changes can benefit other service providers and organizations currently based in the U.S. This website serves as an informative guide, providing general information about legislation related to economic possibilities in Puerto Rico.


ACT 60
Also known as the "Code of Incentives", became a law on July 1, 2019, to gather and measure the return on investment of the Puerto Rico tax incentives acts available currently, including Acts 20 and 22 of 2012.
ACT 20
On January 17, 2012 Puerto Rico's government enacted the Act No. 20 of 2012, also known as the "Export Services Act" to offer the necessary elements to create a World Class Service Center by providing tax credits and tax exemptions to business engaged in eligible activities in Puerto Rico.
ACT 22
"The Individuals Investors Tax Act of 2012" or Act No. 22 was created to promote individual investors to relocate to the Island by providing a total exemption from Puerto Rico income taxes on all passive income realized or accrued after such individuals become bona fide residents.
ACT 273
To make Puerto Rico an international banking and financial center, the government enacted Act No. 273, also known as “The International Financial Center Regulatory Act"; which grants tax incentives for new banking and financial activity in Puerto Rico that is provided for clients outside of the island.


The 20/22 Act Society donates $1.2M to 37 nonprofits in Puerto Rico
News Is My Business

The 20/22 Act Society announced the distribution of funds to some 37 nonprofit organizations in Puerto Rico, which received a combined $1.2 million.

“Commitment to charities is the most important pillar of our organization,” said Robb Rill, founder of The 20/22 Act Society. “For the second year in a row and despite the prevailing global situation, we were able to impact more than 30, and bring 10 new organizations to our portfolio of entities, being able to offer the financial support they so badly need to continue their commendable work.”

El Nuevo Dia.logo
The 20/22 Act Society distributed $1.5M in donations to the third sector
El Nuevo Día

The contributions made during the year 2022 went to 41 non-profit entities dedicated to animal and social welfare, economic development, education and health.

The 20/22 Act Society announced that it closed 2022 with $1.5 million in donations distributed among 41 non-profit entities in Puerto Rico.

“The commitment to and support of charities is the most important pillar of our foundation,” said Robb Rill, founder of The 20/22 Act Society. “For many consecutive years we have managed to impact more than 40 organizations, and this year we bring 5 new organizations to our portfolio of entities. It is evident that without the services provided by these entities, the effect of past natural disasters would have been more severe”.

Three sides to the story
Robb Rill

I often say there are three sides to a story. Everyone has a natural bias when telling their side. You have one view, the opposing view, and you have the truth usually somewhere in the middle.

Act 20/22 Still Going Strong, Numbers Climbing
The Weekly Journal

After seven years since the enactment of Acts 20 and 22, our Founder Robb Rill highlights the relevance and growth of the Acts and their positive outlook for the upcoming years. He also emphasizes on the impact both laws have made to the local economy in the retail and real estate sectors, as well as the valuable job opportunities created for local professionals. Robb also showcases the significant philanthropic work done by the 20/22 Act Society in support of local charitable organizations.

El Nuevo Dia.logo
The island’s tax incentives continue to attract investors
El Nuevo Dia

Our Founder Robb Rill, along with other members of the Society, weigh-in on the reasons why they chose Puerto Rico as their new place to live and to establish their business operations. They explain how the competitiveness of the tax incentives and a qualified professional workforce has positioned Puerto Rico as an attractive business destination even with recent tax changes brought by the federal tax reform. They also highlight how they have inserted themselves in the local community to provide opportunities in betterment of Puerto Rico’s economy.

Negative impact of ongoing changes to incentive programs
News Is My Business

Puerto Rico’s attractiveness as a business jurisdiction will be jeopardized as a result of continued constant changes to its tax incentive programs.

The delicate balance between saving lives and the economy
News Is My Business

So, there is a delicate trade-off between the death of the economy and projected controllable death toll rates. Seeing both aspects as extreme opposites is unacceptable and yet there needs to be a tradeoff between the lesser of two evils.

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Article on Society's efforts for potential litigation
El Nuevo Dia

This article reviewed The 20/22 Act Society’s efforts to potentially challenge a retroactive $4,700 tax introduced by Act 40 of April 16, 2020.

El Nuevo Dia.logo
Don’t Confuse the Issue
El Nuevo Dia

While we are supportive of raising the charitable requirement, and it is true we are against forcing donors who previously had a choice to donate to any approved 1101 charity to now be restricted, we do not believe the donations should be mandated to a special legislative list controlled by a few key politicians.

Act 22 beneficiaries sue Puerto Rico government
Caribbean Business

The lawsuit specifically challenges part of a law that was enacted this year – Section 89 of Act 40 of April 16, 2020 – which imposes on Act 22 beneficiaries an additional charge of $4,700 to be paid along with the required submission of the annual report to the Puerto Rico Economic Development & Commerce (DDEC by its Spanish acronym), which manages and issues the decrees. The law states that proceeds from the new annual fee are to be deposited into the commonwealth general fund.

Investors go to court seeking help to enforce their contracts
El Vocero

“We have no other choice but to proceed with legal assistance to address the situation of non-compliance with the agreements filed when we signed the decrees of Laws 22 and 60. Changes have constantly been made, altering the laws with which we decided to invest in Puerto Rico.”

Act 20/22 Investors Share Suggestions to Rev Up Puerto Rico Economy
The Weekly Journal

THE WEEKLY JOURNAL interviewed separately three investors who decided to bet on Puerto Rico after the creation of Acts 20 and 22 of 2012 (Acts 20/22), which have since been amended and encompassed in Act 60 of 2019, also known as the Incentives Code. These entrepreneurs discussed the island’s investment climate now, the retroactive changes made to the laws that drew them to Puerto Rico, the economic impact of the governor’s executive orders, and how to restore investors’ trust on the island.

Made in America to Donate 2M Face Masks for Puerto Rico Residents
The Weekly Journal

Local face mask manufacturer, Made in America, is donating two million masks to Puerto Rico residents to support their fight against COVID-19. The Act 60 (formerly 20/22) decree holders established the manufacturing facility in Carolina, Puerto Rico to produce disposable 3-ply masks to promote access to affordable, quality masks manufactured locally, and not made in China.

The Act 20/22 Society Donates Over $1 Million to Nonprofits
The Weekly Journal

In the historic moment that we live in, these grants are of vital importance in accordance with the mission of our foundation, Rill affirmed. We are grateful to our members, partners and collaborators who have gone out of their way to achieve this. It’s a great way to end a difficult year and know our contributions have a meaningful impact.

El Nuevo Dia.logo
The effect on Puerto Rico of Law 22 and other incentives
El Nuevo Día

An IRS report, reviewed by El Nuevo Día in November of last year and prepared at the request of the Democratic congressman José Serrano, revealed that when analyzing the information of 2,331 beneficiaries of Law 22, around 647 paid, together, about $ 558 million to the federal treasury in the five years prior to moving to Puerto Rico.

El Nuevo Dia.logo
Kill "the goose that lays the golden eggs"
El Nuevo Día

The total investment in the island is estimated at $ 2.5 billion, and more than $ 200 million has gone directly to the Treasury, not including the payroll tax of the 40 thousand jobs that adds another $ 200 million annually.

Secretary of the Treasury defends the permanence of Laws 20 and 22

This matter of Law 20 and Law 22 I think is partly ignorance. It has generated a lot of discomfort at the level of Congress (of the United States), where different analyzes have been requested from the IRS and the Treasury. It has become quite a significant issue in the media and we want to be reasonable with our actions,

Measuring the Real Impact of Acts 20 and 22
The Weekly Journal

According to a local study, at least 40,000 direct jobs have been created as of 2019. Such contributions to the local job market, as well as to the economic and nonprofit sectors, must not be overlooked at the time of determining the future of both statutes, which is currently being challenged by local and federal regulators and lawmakers.

The 20/22 Act Society

This video presents the overall charitable initiatives of The 20/22 Act Society. Testimonials of local charities supported by the Society and the humanitarian relief efforts made in the aftermath of Hurricane María.

The 20/22 Act Society

Founder and President of The 20/22 Act Society, Mr. Robb Rill, explains the purpose of the Society and it’s educational, social, and charitable initiatives, while sharing his experience as one of the first investors to move to Puerto Rico under the Acts 20 and 22.