Eligible investments include new construction or substantial renovation of hotels, resorts, tourist attractions, convention centers, and related infrastructure. The property must be used primarily for tourism purposes and meet specific investment thresholds set by the Puerto Rico Tourism Company.

Tourism tax credits earned under Act 74 can be transferred to third parties at negotiated rates (typically 85-95 cents per dollar). The buyer can then use the credits to offset their Puerto Rico tax liabilities. IncentivesPRO helps document eligibility and manages the transfer process.

The minimum qualifying investment is typically $500,000 for tourism development projects. However, requirements vary based on project type, location, and specific program rules. Our eligibility checker provides instant feedback on whether your project qualifies.

Yes, both new construction and substantial renovations qualify. Renovations must represent at least 50% of the property's assessed value to be considered 'substantial.' Our platform automatically determines eligibility based on your investment structure and property details.

After completing your qualifying investment and submitting compliance documentation, credits are typically issued within 6-12 months. IncentivesPRO accelerates this timeline by ensuring all documentation is complete and audit-ready before submission.