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John Lee Dumas On How He Saved $1,000,000 In Taxes By Moving To Puerto Rico, How He Makes His Money, and More

My First Million

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Tax Benefits and Lifestyle in Puerto Rico

In this chapter, the speaker recounts their move to Puerto Rico to benefit from significant tax savings, highlighting specific incentives like Act 20 and Act 22. The discussion reflects on personal experiences with investment strategies, the high-risk nature of certain ventures, and the sense of community among fellow entrepreneurs in the region. Additionally, the chapter examines the challenges faced during the launch of digital products and the unexpected technical issues that can arise in high-pressure situations.

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