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Roth IRAs for Residents of Puerto Rico with No Income within the continental US

Personal Finance & Money Asked by Lourdes on December 11, 2020

Can anyone help? I’ve looked for this info all over but have not been able to find any answers.

  1. Are Puerto Rican residents allowed to open a Roth IRA while living and working in Puerto Rico?
  2. If so, what set of laws applicable that Roth IRA must the account owner follow?
  3. Are Puerto Rican residents able to invest their Roth IRA assets in any investment company in the continental United States?

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