Someone I know in PR says the middle class is really hurting, and there are really good buys on nice homes. A good deal for retirement??
I heard of a friend of a friend who bought a condo in San Juan for retirement, but he is a native Puerto Rican.
But for retirement, I think it is risky. You don't want to move into a "community", city, country, or especially an island that is going bankrupt.
Ask Venezuela.
Look what happens: crime goes up, the cops don't get paid, corruption is rampant. Would that happen to Puerto Rico?
Maybe not.
Or, maybe it could.
Also, if you are a white man or woman.....then you are and will always be a Gringo over there.
Always.
And you will be on the bottom of the food chain if things go south.