Peter Schiff on How People Can Flip $1M to $10M in Puerto Rico (Part 1)
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Peter Schiff returns to VladTV to discuss why he made Puerto Rico his home base and how its tax incentives can dramatically change the math for entrepreneurs and investors. The Euro Pacific Asset Management CEO, known for his focus on gold and for warning about the 2008 housing market crash, explains how low capital gains and corporate tax rates can help residents keep more income, reinvest faster, and potentially turn $1 million in tax savings into $5 million or $10 million over time.
Schiff breaks down Puerto Rico’s business advantages, including the shift from 0% to 4% capital gains, 4% corporate tax structures, tax-free dividends, and why the island can be especially powerful for younger founders. He also talks climate, infrastructure challenges, generators, solar power, and why perceptions of Puerto Rico often don’t match his experience living there.
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