6th Edition of the Puerto Rico Investment Summit Set for February
SAN JUAN – The sixth edition of Puerto Rico’s largest investment conference, the Puerto Rico Investment Summit (PRIS), will take place Feb. 14–15, at the newly renovated El San Juan Hotel in Isla Verde.
Since 2013, the summit has been a platform to present potential investors and business owners, 400 of which gather yearly for the event, with the unique tax incentives and competitive advantages the island provides. In turn job creation is spurred, boosting the local economy.
Summit organizers said this year’s program will delve into new topics, such as Opportunity Zones, Gilti tax and, “for the first time, a half day Financial Services Forum, focused on financial and insurance specific content including International Insurance Center and IFEs,” a summit release reads.
Investors, CPAs and lawyers who work with these programs, as well as investors and entrepreneurs who have established themselves on the island, were picked to share their experience and knowledge with attendees.
The conference format will include panels, power talks, workshops and “campfires,” as well as two networking events to provide an opportunity to meet industry players and government officials.
The speakers invited include officials such as Economic Development Secretary Manuel Laboy and Ella Woger, chief operating officer of Invest Puerto Rico. Early tax incentive adopter Nicholas Prouty, CEO of Putnam Bridge, who has invested more than $150 million on the island and owns the largest marina in the Caribbean, will be speaking as well.
Among the area experts who are also slated to speak are Margaret Anadu, partner at Goldman Sachs; Edgar Ríos from PMA Law, one of the leading local tax law firms; Gaby Hernández of BDO Puerto Rico; Jeff Carmichael, CEO for the Yingke Caribbean Center; Walter Keenan from Advantage Insurance; and Manuel López-Zambrana of DLA Piper.
“Puerto Rico is a great option for business, export services or new investments. It not only has the most attractive tax structure under the U.S., but also provides other benefits that include a highly skilled workforce, a privileged location, and it is under the U.S. legal and financial systems,” said Brenda González-Santini, organizer and owner of the event. “PRIS provides the best platform to learn, meet and network with top level professionals.”