Policies seek to attract film-makers to Latin America

Significance

For film crews trained in Latin America and seeking to create their own domestic projects, this model also affords the possibility of attempting to persuade international film companies to shoot their films abroad.

Impacts

• Puerto Rico will leverage its dollar economy and comparative stability to attract productions set in other regional locations.
• Fiscal issues, such as COVID-19-related spending constraints, could limit tax incentives at least during the pandemic recovery period.
• The presence of international production companies and investments may benefit local film industries as well as tourism promotion.