Puerto Rico has the highest per capita income in the Caribbean and Latin America, a modern infrastructure, and a well educated labor force. Manufacturing is the leading source of GNP and hotels benefit greatly from business related travel. The constant, mild tropical weather and cooling trade winds have helped to make Puerto Rico a popular, year-round vacation destination. The Island's International Airport is located between San Juan and Bahia Beach Plantation. More than 12 million visitors pass through the airport yearly, served by 36 airlines.
International carriers offer direct service to major cities throughout the western hemisphere.
In particular, the Puerto Rico Tourism Incentive Act provides 10 years of tax exemption on income, property and excise taxes, and license fees. Tax exemptions may enjoy additional 10 year extentions.