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As with any investment, there are pros and cons to consider. Puerto Rico offers many advantages to homeowners, including a lower cost of living, tax benefits, beautiful weather and beaches, and a rich culture.
The Puerto Rico Conservation Easements Law, Act No. 183 of December 27, 2001, was created to achieve collaboration between the private sector, non-pro t organizations and the Government, in order to foster the conservation of areas of natural, cultural or agricultural value by establishing conservation easements.
Rent the property: Similar to granting permission, you may be able to get the trespassers to sign a lease to rent the property. This could also help prevent a trespasser from making an adverse possession claim.
Adverse possession: Articles 786 and 788 reduced the period of time necessary to acquire personal and real property through adverse possession. The acquisition of personal property through adverse possession now requires at least 2 years of possession in good faith or at least 4 years of possession without good faith.
As of November 28, 2020, inheritances are distributed in two parts. 50% is of free disposition and the other half (legitimate) is divided equally among the forced heirs, which are the children and now include the widow or widower.