36 Dorado Bch E, Dorado, PR 00646

Beautiful house at Dorado Beach East. Great lot of approximately 1,200 mts. with great high ceilings, 3 bedrooms, and 3.5 bathrooms. It has approximately 4,100 sq. ft. Spacious kitchen and fully equipped. Villa is located in Dorado Beach East community. Dorado Beach East is within the Dorado Beach Resort home of the Ritz Carlton Reserve. This is a one of a kind executive resort house with full access to the ultimate Caribbean beach resort with more than 2000 acres of landscaped golf courses, beaches and tropical gardens. The resort property was originally master planned by Lawrence Rockefeller. Description of Dorado Beach East: by Walsh, Michael T., and Astrid Diaz. Un Sueno Dorado A Pictorial History of Dorado Beach. Hyatt Dorado Beach Corporation, 2001. Nature, tradition, architecture, and a vision of future, these were the key concerns when designing the newest resort community, Dorado Beach East. Its design had to contribute positively to the history and image of Dorado Beach, respecting the development perspective’s expressed by Mr Laurance Rockefeller through architect Henry Klumb's Master Plan. This was accomplished once again thanks to the support of the Pritzker family, the steward of Rechard Schulze, President of Dorado Beach Hotel Corporation, and Eng. Friedel Subbe of Northshore Development. Their combined sensibilities toward architecture, art and nature united to create this special community. Almost 300 acres of land, nature's beauty and Dorado Beach's landscaping are configure with structure designed by architect’s Lorenzo Ramirez de Arellano, Heriberto Carbia, Otto Reyes Casanova and Robert Lamb Hart. Gabriel Berriz is the landscape architect. Passion for the preservation of nature, felt so strongly by Mr. Rockefeller, continues to shape the Dorado Beach community. A parcel of land inside Dorado Beach East known as "The Pterocarpus Forest" is now protected conservation area, as result of a donation of the Conservation Trust of Puerto Rico. Its 32 acres are unmatched in the area, with only one other such refuge in the island. ACT 20 - INDIVIDUAL INVESTORS ACT This law seeks to attract new residents to the island by providing a total exemption from Puerto Rico’s income tax on all passive income realized or accrued after such individuals become bona fide residents of Puerto Rico. This hopes to accelerate the economy of Puerto Rico with new local investment in real estate, services and other consumption products and provide capital injections to the island’s banking sector though the relocation of this law. The Individual Investors Act applies to any individual investor that becomes a Puerto Rico resident on or before the taxable year ending on December 31, 2035, provided that such individual was not a resident of Puerto Rico at any time during the 15-year period preceding the effective date of the Individual Investors Act. “A Puerto Rico resident is an individual who is domiciled in Puerto Rico. Physical presence in Puerto Rico for a period of 183 days during the taxable year will create a presumption of residence in Puerto Rico for tax purposes.” Section 933 of the Internal Revenue Code of the United States of 1986 (the “US Code”) suggests, income derived from sources within Puerto Rico by individuals who are bona fide residents of Puerto Rico during the entire taxable year is not included in gross income and is exempt from taxation under the US Code. (the “Section 933 Exclusion”).