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prima:Million-Dollar impact of international banks and insurance companies in Puerto Rico, according to study

The analysis by Estudios Técnicos reveals that these sectors generate thousands of jobs and millions of dollars in taxes for the island, with growth outpacing that of the region.

October 20, 2024 - 3:05 PM

International banking, financial, insurance and reinsurance institutions together generate 4,056 direct, indirect and induced jobs, which represent approximately $15.4 million in tax collections, according to analysis by Estudios Técnicos, Inc. (Ramon "Tonito" Zayas)

International banking, financial, insurance, and reinsurance institutions represent a significant source of jobs and revenue for Puerto Rico, with growth potential that could surpass its regional competitors, according to an analysis by Estudios Técnicos, Inc.

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