Puerto Vallarta Real Estate: Ethics
Puerto Vallarta Real Estate: Ethics. This article is about Puerto Vallarta real estate ethics in pre-construction, new developments, as well as resales. There is a particular ethical and moral way in which buyers and sellers should deal with each other, and most of the time, the person who has to keep the negotiation on this […]
Puerto Vallarta Condos For Sale Buying Pre-Construction
Puerto Vallarta Condos For Sale Buying Pre-Construction. Thinking of buying a pre-construction condo in Puerto Vallarta or Riviera Nayarit? As Mexico real estate is largely a cash market, here’s what you should know about the financing of new condo development projects in Mexico as compared to the US and Canada. USA and Canada: Mortgage Characteristics […]
Puerto Vallarta Real Estate: What To Know About Escrow
Puerto Vallarta Real Estate: What To Know About Escrow. Escrow as we know it in the US and Canada is not required in Mexico. The choice to use it is negotiated between buyer and seller. Using a third party to hold funds is what most Americans and Canadians believe is the proper way to purchase […]
Puerto Vallarta Real Estate Tax on Rental Income in Mexico
Puerto Vallarta Real Estate Tax on Rental Income in Mexico. The ability to pocket undeclared income in Mexico is going away. Tax changes in 2020 have been announced by the government. The press and social media groups are circulating this important information to the expat community. The problem of foreigners who are renting their homes […]
Can Americans Own Real Estate In Puerto Vallarta?
Can Americans Own Real Estate In Puerto Vallarta. This article discusses the characteristics of a fideicomiso trust used to own property in Puerto Vallarta Mexico: Legal ownership of Puerto Vallarta real estate in Mexico for foreigners comes from the Foreign Investment Law which was approved by President Luis Echeverria in 1971 and became law in […]