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A house under construction in Puerto Rico. Puerto Rico lawmakers are considering reforms to modernize the island’s Tourist Residences Act. (Credit: stockphotofan1 | Dreamstime.com)
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Bill seeks to strengthen oversight of tourist residence projects
NIMB Staff November 14, 2025

Legislation shifts key regulatory authority to Department of Consumer Affairs and tightens rules on permits, deposits and developer accountability. #NewsismyBusiness

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“Companies that weren’t born with AI have a long and arduous adaptation process, especially large companies with hundreds or thousands of employees. Those companies are going to lose their competitiveness to smaller businesses that are born with AI, can go faster and don’t have legacy systems to convert and maintain.”

 

— Nicolas Galarza, founder, Wealth2B

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