Grow Your Workforce in Puerto Rico

Income Tax in Puerto Rico

Puerto Rico has progressive income tax rates from 0% to 33%.

Social Security in Puerto Rico

Puerto Rico is covered under the US social security system; consequently, Puerto Rico employers and employees are subject to the US Social Security and Medicare tax requirements.

Social Security Tax (FICA-OASDI)

• Employee Contribution: 6.2% of wages up to the Social Security wage base ($160,200 in 2023).
• Employer Contribution: 6.2% of wages up to the Social Security wage base

Medicare Tax

• Employee Contribution: 1.45% of total wages.
• Employer Contribution: 1.45% of total wages.
• Additional Medicare Tax: Employers must withhold an extra 0.9% on wages paid to an employee over $200,000 in a calendar year.

Disability Benefits Tax (SINOT)

• Employee Contribution: 0.3% of wages up to $9,000.
• Employer Contribution: 0.3% of wages up to $9,000.

Work Visas in Puerto Rico

Here are the main work visas available in Puerto Rico:

Puerto Rico is a U.S. territory, meaning that immigration laws and work visas follow the same guidelines as in the United States.

H-1B Visa

• For professionals in specialty occupations that require a higher education degree (at least a bachelor's).
• Common fields include IT, engineering, science, and finance.
• Applicants need a job offer from a U.S. employer, and the employer must file a petition on their behalf.

L-1 Visa

• For employees of an international company who are being transferred to a U.S. branch, subsidiary, or affiliate in Puerto Rico.
• The employee must have worked for the company for at least one year outside the U.S. in a managerial, executive, or specialized knowledge capacity.

O-1 Visa

• For individuals with extraordinary ability in their field, such as science, arts, education, business, or athletics.
• Applicants need to demonstrate a high level of achievement and must have a job offer or contract related to their field.