The capital of Puerto Rico is the oldest city under U. Augustine, Florida, founded in is the oldest city in the continental United States. The history of San Juan begins a long time before its official foundation, in , during his second voyage, Christopher Columbus landed in Puerto Rico. He founded the original settlement in Caparra, now known as Pueblo Viejo, behind the almost land-locked harbor just to the west of the present metropolitan area and the city quickly became Spain’s most important military outpost in the Caribbean. A year later, the original settlement was relocated to a nearby coastal islet to the site of what is now called Old San Juan and named Puerto Rico Rich Port. Sometime during the s, confusion over the names led to a switch, the island took the name of Puerto Rico and the town became San Juan. Today, San Juan is known as La Ciudad Amurallada the walled city and is one of the biggest and best natural harbors in the Caribbean and is the second oldest European-founded city in theAmericas after Santo Domingo, which was officially founded on August 5, The metropolitan area known as San Juan has 3 distinct areas: During the early 16th century, San Juan was the point of departure of Spanish expeditions to charter or settle unknown parts of the New World. Its fortifications repulsed the English navigator Sir Francis Drake in , as well as later attacks.
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Beautiful historic San Juan is the capital and the delight of history buffs who enjoy its charming colonial architecture and old forts that actively defended the island from invaders. The El Yunque tropical rainforest is a fascinating place with unique plants that thrive in hot and very humid conditions. Hundreds of islands, big and small, are surrounded by magnificent sandy beaches and coral reefs teeming with life.
Throughout the years, incentives and tax credits have been created for certain manufacturing operations, hotel and tourism projects, film industry, agriculture, green energy, insurance and banking operations. Most recently in , the government of Puerto Rico passed two key pieces of legislation that provide dramatic tax incentives for businesses and individual investors.
The first, Act 20 of , also known as the Export Services Act, seeks to establish Puerto Rico as an international export services center. The second, Act 22 of , also known as the Individual Investors Act offers new residents of Puerto Rico a percent tax exemption on all interest, dividends and long-term capital gains accrued after the individual becomes a resident. Combined with other industry-specific tax incentives see http: Most federal laws apply, but income derived from sources within Puerto Rico by individuals who are bona fide residents of Puerto Rico is exempt from U.
As such, Puerto Rico offers the benefits of operating within a U. Other benefits of doing business in Puerto Rico include: Investors are fully afforded intellectual property protection under U. The benefits of Act 20 certified businesses include: Certification under the Export Services Act must be done prior to December 31, Individual Investors Act Act 22 of , also known as the Individual Investors Act, seeks to attract new residents and investment to the island by providing a total exemption from Puerto Rico income tax on all passive income realized or accrued after such individuals become bona fide residents of the island.
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Energy Department who is helping lead the federal response in Puerto Rico. On Friday, the National Weather Service pleaded for people to evacuate an area in the northwest corner of the island after a dam burst. Even before the storm, outages were common, and the median plant age is 44 years, more than twice the industry average. Buell is a part of what is known as the Emergency Support Function No. One major task for the National Guard will be to clear debris, allowing workers to move around.
Unlike other indigenous cultures in the New World Aztec , Maya and Inca which left behind abundant archeological and physical evidence of their societies, scant artifacts and evidence remain of the Puerto Rico’s indigenous population. Scarce archaeological findings and early Spanish accounts from the colonial era constitute all that is known about them. Some scholars suggest their settlement dates back about 4, years. The Arcaico and Igneri co-existed on the island between the 4th and 10th centuries.
They called it Boriken, meaning “the great land of the valiant and noble Lord”. They subsisted by hunting and fishing, done generally by men, as well as by the women’s gathering and processing of indigenous cassava root and fruit. This lasted until Columbus arrived in He later served as the first governor of the island. At the beginning of the 16th century, the Spanish people began to colonize the island. The population suffered extremely high fatalities from epidemics of European infectious diseases.
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The federal government has made things worse through laws that make it harder for Puerto Rico to take control of its finances and economy. Puerto Rico has little say in how it is governed from Washington, and its citizens have almost no voice in federal policies that affect them. When America’s eyes turned to Puerto Rico after the island was devastated by Hurricane Maria last month, President Donald Trump was quick to condemn the “massive debt” the island was dealing with, even while the US territory was still in the throes of the storm’s aftermath.
He went on to remind Puerto Ricans that this debt needed to be paid back to Wall Street , and blamed local officials for the poor response to the island’s humanitarian crisis. This led to a massive influx of businesses, particularly in the pharmaceutical industry, to relocate to Puerto Rico and jumpstart its industrial economy. The effort paid off, and Puerto Rico’s economy flourished.
Pre-Columbian history[ edit ] Archaeological evidence suggests that Vieques was first inhabited by ancient American Indian peoples who traveled from continental America perhaps between BC and BC. However, estimates of these prehistoric dates of inhabitation vary widely. These tribes had a Stone Age culture and were probably fishermen and hunter-gatherers. Excavations at the Puerto Ferro site by Luis Chanlatte and Yvonne Narganes  uncovered a fragmented human skeleton in a large hearth area.
Radiocarbon dating of shells found in the hearth indicate a burial date of c. This skeleton, popularly known as El Hombre de Puerto Ferro, was buried at the center of a group of large boulders near the south-central coast of Vieques, approximately one kilometer northwest of the Bioluminescent Bay.