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PUERTO RICOOverview & Best Practices

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THE BELOW IS A BRIEF SUMMARY OF SOME OF THEITEMS THAT LARM WILL GUIDE AND LEADTHROUGHOUT THE RELOCATION PROCESS FOR THEEXPAT ONCE APPLICABLE SERVICES AREAUTHORIZED;

LOCAL REGISTRATION

Registration:

In Puerto Rico you are not required to have a localregistration; however, you are required to have avalid photo identification for most transactions,such as banking, installation of utility services, etc.In addition, a Social Security Number (SSN) will beneeded. Expats are required to reside more than 7days on the Island prior to soliciting the SSN. Youmay obtain requirements information for solicitingSSN on line at: https://www.ssa.gov/ssnumber

HOUSING

Common Leases Terms:• It is common for one-month advance rent and

an amount equal to one-month’s rent to berequired for deposit security.

• Payments are normally required to be madeACH or Wire Transfer into the Landlord’saccount.

• Some landlords require home insurance.

• Advance termination notification is require asstipulated in the individual contracts; the normis 60-day notice.

• Breach of contract will most likely incur penaltyfee, which varies from contract to contract.

• Late payment fees of 7% are usually stipulated.

EDUCATION

• Schools are usually from Kindergarten toElementary (Grades K-5th), Intermediate Schools(Grades 6-8th) and High School (Grades 9th –12th). However, some schools are from K – 12th

grades.

• Private schools follow the American System andmost are bilingual (Spanish/English).

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DRIVER’S LICENSE

• Obtaining a Driver’s License in Puerto Rico is achallenging process and procedures varydepending on the nationality of the expat.

• For information on soliciting Driver’s License inPuerto Rico you may obtain information at:https://puertoriconewcomer.wordpress.com/.../getting-a-drivers-license.

BANKING IN PUERTO RICO

• Local currency is in USD

• Bank Accounts can only be opened once a SSN(Social Security Number) is obtained.

BEST PRACTICES

• It is recommended that the Expat brings allpersonal identifications such as passports, photoidentifications from origin country, birthcertificate, marriage certificate, school records,medical records, etc. as these are required formost government related transactions as well asto register in school.

Safety

• Always be aware of your surroundings

• Keep your belongings close to you

• Do not provide personal information to strangers

• Be cautious about public transportation andstreet taxis during night time

• Always lock your car doors

• Avoid shortcuts in dark streets or unsafe areas.

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LARM HEADQUARTERS (USA)3440 Hollywood Blvd, Suite 480

Hollywood, FL 33021 – USAP +1 (954) 239-4081 F +1 (954) 239- 4086

larm@larmgroup.com

LARM PUERTO RICOpuertorico@larmgroup.com

www.larmgroup.com