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17,200 sq ft fully furnished luxury villa Vieques Island, Puerto Rico 6.22 Acres


Safe Haven ~ Legal Tax Haven ~ Pure Tropical Paradise 6+ Acre Private Ultra-Luxury Estate on Vieques Island, Puerto Rico. Just 2 hrs from Miami, but a world away. Survive in style!

THE PROPERTY: “Casa Cielo” is a 17,200 sq ft fully furnished luxury villa (including 6500 sqft decks) with panoramic views of both the Atlantic & Caribbean – 6+ acres high on the center ridge of Vieques, a small island off the eastern tip of Puerto Rico. At nearly 400’ above sea level, the estate is impervious to flooding, storm surge, and tsunami. It is immune to the salt-encrusted windows and corrosive salt spray environment of beachfront properties. The privacy and security problems inherent in beachfront homes are not issues for this 6+ acre estate. Some of the world’s most gorgeous beaches are less than a 15 minute drive from the property. Casa Cielo was designed to be hurricane resistant and entirely self-reliant -- with 38,000 gallons of cistern water storage with rooftop collection & filtration system, 3 separate septic tanks, and a 400amp automatic generator that can power the whole villa – including the double office suite with high-speed internet.

There is a separate caretaker casita on the property. The estate is bursting with an array of tropical flowers, many fruit trees (bananas, limes, mangoes, papayas, avocados, etc), and a large organic vegetable garden where a huge variety of fruits, vegetables, and herbs have flourished. The property is gated and fenced, making it a heaven on earth for both dogs and horses.

ABOUT VIEQUES ISLAND: Because Vieques is a territory of the United States, no passport is required for US citizens and there are no customs or immigration stops to deal with at the airport. The currency is US Dollar.

Though the official language is Spanish, most of the 9000 residents speak & understand English. Vieques is 21x4 miles and ringed with dozens of breathtaking, unspoiled & secluded white sand beaches.

The most intense bioluminescent bay in the world is located on its south coast. Voted “Best Caribbean Island” by Travel & Leisure in 2012, and in their top 10 of "Most Romantic Islands of the World" in 2013, two-thirds of Vieques remains pristinely undeveloped (and is home to the 18,000-acre Vieques National Wildlife Refuge).

HOW TO GET THERE: While Vieques is a completely separate island reached by plane, helicopter, or boat (no bridges!) from mainland Puerto Rico, it is a part of Puerto Rico which is a US Territory. It is very easily accessible from the continental US - a flight from Miami is only about 2 hours, a flight from New York only about 3 hours. Vieques airport has a 4300' runway for private/charter planes & helicopters and has numerous daily commercial flights. Also, there is plenty of space at Casa Cielo for a private onsite helipad.

LEGAL TAX HAVEN: In 2012, the government of Puerto Rico signed into law both Act 20 and Act 22, which provide aggressive tax incentives to urge investors to move to Puerto Rico. Act 20 Overview:
• 0% tax on dividend and interest income for new Puerto Rico residents
• 0% tax on short-and-long term capital gains for new Puerto Rico residents
• 0% federal taxes on Puerto Rico source income
• Incredible tax savings on investment portfolio returns
Act 22 Overview:
• 4% corporate tax rate
• 100% tax-exempt dividends
• 60% exemption on municipal taxes
• No federal taxes on Puerto Rico source income

Price: $ 7,800,000 USD
Parcel Size: 6.22 (+/-) Acres
Special Conditions: 17,200 sqft villa plus separate caretaker casita
Property Location: Vieques Island, PR

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Caribbean
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Listing ID:
33270

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