Its been a little while since we've heard anything about Pirates of the Caribbean 5, but today Caribbean Business has revealed that this sequel will begin shooting in Puerto Rico this coming November.
Walt Disney Studios was lured in by the aggressive incentives the island has to offer, which makes sense, since the last couple of films in the franchise have held some of the biggest budgets in Hollywood history. Production costs for the last four films topped more than $900 million, with the series pulling in an estimated $3.7 billion worldwide.
Hawaii, where most of Pirates of the Caribbean: On Stranger Tides was shot, was not able to provide the same types of incentives, so Disney baled on the state. Some scenes for the previous fourth installment were shot in Puerto Rico, and left the crew praising the locale.
New tax incentives for shooting in both Puerto Rico and the Dominican Republic went into affect this past July, and provide studio tax credits for money spent on non-resident actors, writers, directors and other talent.
Best of the Web
Paul McCartney Joins Pirates of the Caribbean 5
Directors Joachim Ronning and Espen Sandberg have shot an all-new action set piece featuring iconic Beatles musician Paul McCartney.
Star Wars 8 Gets Delayed; New Release Date Announced
Disney has pushed the highly-anticipated Star Wars: Episode VIII release, with Pirates of the Caribbean 5 taking it's previous slot.
Pirates of the Caribbean 5 Photo Celebrates Talk Like a Pirate Day
Producer Jerry Bruckheimer celebrates Talk Like a Pirate Day with a new Dead Men Tell No Tales cast and crew photo.
Kaya Scodelario Says Pirates 5 Is Like the First Movie
Kaya Scodelario reveals Pirates of the Caribbean: Dead Men Tell No Tales is more reminiscent of the first movie in the blockbuster franchise.
Thor 3 and Captain Marvel Shooting in Australia?
After Disney's experience shooting Pirates 5 in Australia, the studio is rumored to shoot Thor: Ragnarok and Captain Marvel in the country.
Pirates of the Caribbean 5 Logo, Orlando Bloom Confirmed
Orlando Bloom was officially confirmed to return as Will Turner in Pirates of the Caribbean: Dead Men Tell No Tales at the D23 Convention.