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

Money Laundering, Virtual Assets & Cryptocurrencies

Anti-Money Laundering Laws in Mexico 2018 – 2020

Money laundering is considered to be the crime of operations with resources from illegal origins under article 400-bis of the Federal Criminal Code. The money laundering offense is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization, and the Federal Criminal Procedures Code, which considers the money laundering offense to be a serious offense and thus limits the ability of any defendant to obtain release prior to conviction.

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Real Estate and

Mexico’s Anti-Money Laundering Regulations

Money laundering is considered to be the crime of operations with money from illegal means under article 400 of the Federal Criminal Code. The money laundering offense is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization. The Federal Criminal Procedures Code considers money laundering offense to be a serious, and they limit a charged defendant the ability to obtain release on bail prior to conviction.

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Decisions Affecting Mexican Real Estate

Mexican Real Estate & Anti-Money Laundering Laws

Money laundering is considered to be the crime of  ‘operations with resources from illegal origins’ under article 400-bis of the Federal Criminal Code. The money laundering offence is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization, and the Federal Criminal Procedures Code, which considers the money laundering offence to be a serious offence and thus limits the ability of any defendant to obtain release prior to conviction.

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Rental Income and Taxes

REALITY CHECK: Real Estate & Taxes in Puerto Vallarta & Nayarit

We are coming out of our best year for volume of sales transactions since 2008.  The most popular properties are new condo projects throughout the Bay. The location of the majority of these sales has been inside Puerto Vallarta in the Old Town Romantic Zone and the South Shore. We are seeing buyers also looking for homes in higher price ranges than times past. Up until this point, we had seen increases in luxury rentals in place of large demand for purchase of luxury villas.

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