2024 Operational Puerto Rico International Bank

A recently established and fully operational international bank licensed in Puerto Rico is available for acquisition. This International Financial Entity (IFE) received its license in 2024 and has been purpose-built with clean governance, has no legacy accounts or issues, and full regulatory compliance. Its minimal operating history means no transactional risk or historical regulatory exposure.

Key Highlights:
- Purchase Price: $5 million
- Paid-in Capital: $5 million
- Unencumbered Assets (CD): $500,000

Total Cash Required to Close: $10.5 million and proof of ability to reach $10 million in paid in capital per the updated 2025 IFE law.

Regulatory Status: Licensed by OCIF in late 2024, tax decree granted in 2025

Correspondent Relationships: Multiple active correspondent and operating banking relationships in place

Core System: Full core banking system implementation already completed

Infrastructure: Grade A office lease in Santurce, staffed with local executives and compliance oversight

Compliance: Full set of approved policies, including BSA/AML, cybersecurity, and risk management

Audit: 2024 audit completed with no adverse findings

The bank operates under Puerto Rico’s internationally recognized IFE regime and benefits from a 4% fixed income tax rate under its tax decree. With infrastructure in place, no liabilities, and a clean regulatory record, this is an ideal entry for a buyer seeking a fast track to the international banking market.

My firm specializes in representing buyers—those who wish to purchase an international bank in the U.S. territory of Puerto Rico. We will assist you throughout the process: due diligence, negotiation, business planning, and submission of the Change of Control request with OCIF.

For information on costs and the full acquisition process, please contact me. A buyer will be selected based on price and regulatory readiness.

NDA, retainer, and proof of funds are required for access to the full data room.