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Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Common Questions about Buying Property in Mexico

Be Informed About Mexican Real Estate Facts

Below are some of the most common questions we receive from potential property buyers in Jalisco and Nayarit. Question: What is the federal maritime zone? I just bought my home in front of the beach. Can anyone build in front of me? Answer: All beaches are public in Mexico. Beaches belong to the Mexican government for the use and enjoyment of all. No one can buy the maritime zone. The adjoining landowner to the maritime zone should pay the annual taxes on this adjacent land and should work to acquire the concession agreement to this area. Paying the annual small amount of tax for the concession in front of your land only gives you the first right to proceed with the concession agreement.

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Value Added Tax & Fiscal Residency

IVA Tax Savings for Non-Resident

IVA Tax as it applies to Fiscal Residency of the Seller of Mexican Residential Real Estate. DEFINING FISCAL RESIDENCY – How exactly is tax residence defined? Most countries include a legal definition in their tax code, or authorities use a variety of criteria for handling it on a case-by-case basis. Commonly fiscal residency is determined to be in: the country where a “center of vital interests” lies or the place that is the “habitual abode” or Nationality. Foreigners shall be deemed to be fiscal residents in Mexico when more than 50% of their total revenue within a calendar year is from sources within the country or their main center of professional activities are located in Mexico.

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Mexican Condominium Laws

The ABCs of the Condo Homeowners Meetings in Mexico

If you own a condo, you should know that the condo homeowners meetings in Mexico are the top authority for the running of the building. Meetings are both ordinary and extraordinary, with at least one ordinary meeting held each year within the first three months of the year. I’ll also cover the rules that govern maintenance fees today. Here are the ABCs of what you should know:

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Ethical Rules of AMPI

Success comes with more responsibility, not less.

Puerto Vallarta Real Estate Market Update. In the 4.5 months of 2018 (Jan 1-May 13, 2018) we have sold $123,946,641 usd of inventory with an average sales price of $327, 901 usd at 94.6% of list after an average of 298 days on the market. **We have experienced more sales volume and a higher average sales price than last year for this some time period. Condos account for $82,000,000+ usd and homes over $33,000,000 usd. **

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