Property purchase costs in Puerto Rico compared to Caribbean

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Grenada 37.50%
St Kitts and Nevis 29.70%
Dominica 28.45%
Belize 24.00%
Bermuda 23.40%
St Lucia 23.25%
Anguilla 23.01%
Antigua 22.50%
St Vincent 20.50%
Jamaica 19.41%
Bahamas 17.80%
Cayman Is. 17.00%
BVI 16.50%
Martinique 16.30%
Guadeloupe 16.30%
Turks & C. Is. 16.10%
Dom. Rep. 12.43%
Neth. Antilles 12.16%
Barbados 11.50%
Trinidad & T. 11.41%
US Virgin Is. 10.00%
Montserrat 9.85%
St Martin 9.00%
Aruba 9.00%
Puerto Rico 8.33%

Puerto Rico publishes a quarterly purchase-only house price index. through the US Federal Housing Finance Agency (FHFA). General economics statistics are from the US Bureau of Labor Statistics, and US Census Bureau.