Puerto Rico
Puerto Rico’s Act 22 tax break draws backlash as critics link it to displacement and rising housing costs
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Puerto Rico’s investor tax incentive known as Act 22—later folded into the island’s broader Act 60 incentives code—has become a flashpoint in debates over housing affordability and displacement, as critics argue the program helps wealthy newcomers reduce their U.S. tax bills while intensifying local pressures on rents and real estate.
Puerto Rico's Cangrejeros de Santurce edged out Mexico Verde's Tomateros de Culiacan 5-4 in the opening game of the 2026 Caribbean Series on February 2. Yohandry Morales hit a crucial two-run homer, while Rubén Castro delivered the walk-off hit to secure the victory. The tournament, hosted in Guadalajara, Mexico, features five teams in a round-robin format amid recent controversy over its relocation.
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New York Mets shortstop Francisco Lindor will not participate in the 2026 World Baseball Classic for Puerto Rico due to insurance constraints following a recent elbow surgery. The MLB Players Association confirmed the decision, noting Lindor's disappointment but full involvement in spring training. Puerto Rico's team is considering withdrawal amid similar insurance issues affecting multiple players.
Genera PR has started construction on a 52-megawatt battery energy storage system at the Cambalache Power Plant in Arecibo, Puerto Rico. The $109.5 million project, funded by federal grants, uses Tesla Megapack technology to bolster the island's grid resilience. It forms part of a larger initiative to install 430 MW of storage across multiple sites.