It is the first and only international fantastic film festival in the Caribbean devoted to sci-fi, thriller, fantasy, dark humor, bizarre, horror, anime, adventure, virtual reality and animation in short and feature films.

[2] Its main objective is to promote cinematographic art by presenting high-quality short and feature films.

Since its inception, the Festival has grown in terms of programming, media relevance, and attendance.

Gabriel Morales) The global film community participates in the Festival, among they are: Argentina,[4][20][21] Australia, Brazil,[21] Canada, Chile,[4][21] Colombia, Costa Rica,[21] Croatia, Cuba, Czech Republic, Dominican Republic, Estonia, Ethiopia, France, Germany,[4][22] Hong Kong,[21] Iceland, Ireland, Israel, Italy,[4][23] Japan, Mexico, Morocco, New Zealand, Pakistan, Panama, Peru, Philippines, Portugal, Puerto Rico,[4] Russia, Scotland, Serbia, South Korea, Spain,[24] Sweden, Switzerland, United States of America,[4] United Arab Emirates, United Kingdom,[21] Uruguay,[4][21] Venezuela.

Some of the best known names in the film industry have participated in the PRHFF, including Zelda Rubinstein (Poltergeist) 2009, Tony Todd 2011[25](Candyman), Tippi Hedren in 2013, and Lloyd Kaufman in 2016, all of them awarded by the festival's Lifetime Achievement Award.