Puerto Rico is a territory of the United States. Information for the United States may be included below:

FATF status

Puerto Rico is not on the FATF List of Countries that have been identified as having strategic AML deficiencies

Compliance with FATF Recommendations

Puerto Rico falls within the jurisdiction of the USA with regard to the Mutual Evaluation Report.

The latest follow-up Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in the USA was undertaken by in 2024. According to that Evaluation, the USA was deemed Compliant for 9 and Largely Compliant for 23 of the FATF 40 Recommendations. It remains Highly Effective for 4 and Substantially Effective for 4 with regard to the 11 areas of Effectiveness of its AML/CFT Regime.

Puerto Rico, as a territory of the United States, shares the same business environment where corruption is not seen as a significant risk for foreign investors. The U.S. market is competitive and offers numerous opportunities, though businesses must navigate a complex bureaucracy and comply with extensive anti-corruption laws. While the Foreign Corrupt Practices Act (FCPA) allows for some exceptions regarding facilitation payments and minimal gifts, companies should be cautious as violations of other anti-corruption laws may still occur.

Puerto Rico has a high-income economy primarily driven by manufacturing sectors such as pharmaceuticals, petrochemicals, and electronics, along with a growing service sector focused on tourism. Despite having one of the highest GDP per capita in Latin America, the island faces significant challenges including a prolonged recession, high public debt, and economic disparities, with a considerable portion of its population living below the poverty line.

The investment climate in Puerto Rico is complicated by economic mismanagement, natural disasters, and federal regulations, creating challenges for potential investors. Although there are recent initiatives offering tax incentives to attract foreign investment, particularly in manufacturing and tourism, ongoing fiscal issues such as high public debt and insufficient infrastructure investment present significant risks. Additionally, Puerto Rico's political status adds uncertainty, as shifts in U.S. policy could greatly influence the territory's economic environment.