fbpx

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

Using its Most Valuable Asset – Real Estate

How Mexico Brought in Direct Investment

A client who recently bought a condo in Puerto Vallarta, called and said, “Please write a summary of the basic points of foreign ownership: so that not only I can speak about it better, but to teach or remind other foreigners what a unique opportunity we have to own properties near the ocean in Mexico.” This is a summary of the characteristics of a fideicomiso trust:

CONTINUE READING

Coming down with a case of “tourista”

International Transactions in Real Estate

I had been living in Puerto Vallarta for several years and thought I was doing a pretty good job understanding the culture, when a casual statement made me realize I still had a lot to learn.  A well-traveled lady looking at real estate that afternoon mentioned that when residents of Mexico go to the US, they can get a case of “tourista” or upset stomach.

CONTINUE READING