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

Real Estate Transactions in Mexico

Cultural Differences and Negotiations

The three countries which make up North America are physically close, but each has a different history and culture. Which cultural aspect do you associate with the following:

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Monopolies, Underground Markets, and Ethics

The Color of Financial and Real Estate Markets

A BLACK MARKET or underground economy, or shadow economy is a market-characterized by some form of non-compliant behavior against an institutional set of rules. If the rule defines that a set of goods and services production and distribution is prohibited by law, non-compliance with the rule constitutes a black-market trade, as the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the illegal economy. Examples include the drug trade, prostitution, illegal currency transactions and human trafficking. Violations of the tax code involving income tax evasion is really participation in the unreported economy. 

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The Mexico Real Estate Market

Why is Fair Market Value Important?

Those of us living in Mexico from other parts of North America probably take the concept of fair market value for granted.  We assume that this measure of value is used in other markets and other countries. Actually, it is not common outside of the USA or Canada to have sold market data.  In order to have information about sales prices and to adjust for differences in properties, data must be available. 

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Real Estate in Mexico

Anti-Money Laundering Laws Part II

The concept of money laundering regulations goes back to ancient times and is intertwined with the development of money and banking. Money laundering is first seen with individuals hiding wealth from the state to avoid taxation or confiscation or a combination of both. In China, merchants around 2000 BCE would hide their wealth from rulers who would simply take it from them and banish them. In addition to hiding it, they would move it and invest it in businesses in remote provinces or even outside China.

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