Archive for November 2017

weekend in Puerto Vallarta, Mexico

  By ONDINE COHANE With its inventive food scene, excellent beaches and “Night of the Iguana” mystique, the city makes the perfect weekend getaway.   A folk dancer performs along the streets of Puerto Vallarta’s old town in front of the Church of Guadalupe. Credit Danielle Villasana for The New York Times Despite its reputation…

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Celebrate Thanksgiving on the beach in Puerto Vallarta

  By Hugo Camarillo The “Thanksgiving” is a traditional American celebration that benefits Puerto Vallarta, since it is expected that by this day there will be a high economic spill in restaurants, both hotels and the municipality in general. Puerto Vallarta currently has a large number of Americans who have an apartment or even a…

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News Network Puerto Vallarta Real Estate

Vallarta Real Estate Market: First 3 Quarters of 2017 Timothy Real Estate Group November 13, 2017 Puerto Vallarta, Mexico – The first 3 Quarters of the year have flown by and we have the results from the first 9 months of the Puerto Vallarta and Riviera Nayarit real estate market in 2017. It has been…

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Visas – Traveling to Mexico

  General Information: Effective March 1st 2010, all visitors traveling to Mexico either by air, land or sea are required to present a valid (non-expired) Passport or Travel Document from their country to enter Mexico. With the purpose of facilitating and promoting travel to Mexico, effective May 2016 all those foreign nationals, regardless of their…

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Total transaction costs range from low to high in Mexico

Casa Dalusso Pool and Kitchen

How high are realtors’ and lawyers’ fees in Mexico? What about other property purchase costs? TRANSACTION COSTS Who Pays? Acquisition Tax 0.18% – 4.565% buyer Notary Fee 0.075% – 1.125% buyer Registration Fee 0.02% – 1.82% buyer Other fees 0.50% – 1.00% buyer Title Insurance 0.50% – 0.70% buyer Real Estate Agent´s fee 3% –…

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You now need an RFC (Mexican Tax ID) to buy property in Mexico

UPDATE: December 10, 2020 Foreigners can now apply for an RFC (Mexican tax payer ID) without requiring the need to become residents of Mexico. Visit the SAT website to learn how to inscribe for an RFC as a fiscal person as a foreigner. UPDATE: February 22, 2016 Since Mr. Peña Nieto has taken office at…

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