One million Puerto Ricans have been forced to leave the island over the past ten years. It is the largest out-migration in more than sixty years.
Meanwhile, millionaire North Americans are being encouraged to move in. The US media are not trying to hide it…they’re doing it very openly. CNN Money recently announced that “There’s a Big Sale on Puerto Rican Homes.”
CNN Money also proudly reports, that John Paulson has invested over a billion dollars in Puerto Rico real estate.
A web site called “Puerto Rico Luxury” provides real estate, tax, and shopping advice to all the new millionaires.
The New York Times joins in, with a detailed report on “Puerto Rico Luring Investors with Tax Breaks.”
Marketwatch repeats the NY Times pitch with “Puerto Rico Woos Rich With Hefty Tax Breaks”
The Wall Street Journal announces that “Real Estate Investors See No Problem With Puerto Rico.”
Sotheby’s displays “Puerto Rico Luxury Real Estate.” 41 homes priced between one and eight million dollars.
Without any apology, CNN Money lays it all out in “Why Puerto Rico Attracts Billionaires Despite Economic Woes.”
The article states that Puerto Rico “could become the next Singapore…an extremely wealthy tax haven.”
THE MESSAGE IS CLEAR
As Puerto Ricans are taxed to death…losing their jobs, their homes, and their pensions…
As Puerto Ricans are forced to leave their own island…
Puerto Rico is also becoming a “tax haven” for the rich.
The entire island is changing hands.
As the old timers used to say…mas claro no canta el gallo.
For a history of the War Against All Puerto Ricans, read the book…
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