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On January 12, 2026, the Office of Business Incentives (OIN) at Puerto Rico's Department of Economic Development and Commerce (DDEC) issued Circular Letter 2026-001. It is addressed to Resident Individual Investors (RII) holding decrees under Act 22-2012 and Act 60-2019, and it covers two topics: the required annual donations and the proof of buying a home.
1. The annual donation: $10,000, split three ways
Section 6020.10(b) of the Incentives Code requires an Act 60 RII to include, with the Annual Exempt Business Report (IANE), evidence of donations of at least $10,000 a year to eligible Puerto Rico nonprofits that the decree holder (or close relatives or partners) does not control. According to the circular:
- $5,000 must go to nonprofits working to end child poverty that appear on the list published by the Joint Special Commission on Legislative Funds for Community Impact (published on or before December 31 each year).
- After Act 32 of January 18, 2024, at least $2,500 of the remaining $5,000 goes to the Special Fund for Social Equality (Fondo Especial para la Igualdad Social).
- The last $2,500 goes to nonprofits covered by Section 1101.01 of the Puerto Rico Internal Revenue Code.
Nothing prevents giving 100% to organizations on the Commission's list. The circular also acknowledges that past lists were published late and inconsistently (the 2024 list came out on December 23, 2024, with fewer organizations than 2023), which created uncertainty about which donations would be recognized; it sets out when OIN will recognize them. Holders of older Act 22 decrees have a different required amount ($5,000).
2. Buying a home within two years
Section 6020.10(c) requires the RII to buy, alone or with a spouse, residential property in Puerto Rico within two years of obtaining the decree, from an unrelated seller, as their principal residence, and to keep it as such for the life of the decree, reporting it in the IANE. The circular clarifies how OIN interprets the evidence of that purchase.
What to do with this
If you hold or are applying for a decree, read the circular itself (linked below) and review your donation plan and home purchase timeline with a licensed Puerto Rico attorney or CPA. Our directory lists lawyers whose own websites mention Act 60 and CPA firms.