C. Constitución 130-Mezzanine, Zona Romántica
Emiliano Zapata, 48370 Puerto Vallarta, Jal. +52 (322) 286-7577
Emiliano Zapata, 48370 Puerto Vallarta, Jal. +52 (322) 286-7577
5 Best Bucerias Restaurants
Bucerías restaurants boast a vibrant culinary scene that caters to diverse palates. Visitors indulge in various cuisines, including authentic Mexican fare, fresh seafood, Italian specialties, and international dishes, reflecting the town's rich cultural tapestry. Many Bucerías restaurants are strategically along the beachfront, offering diners picturesque ocean views and a serene… Read More
View NowFrequently Asked Questions
Your questions, clearly answered.
- Yes, through a fideicomiso (bank trust) or a Mexican corporation.
- On average, it takes 6–8 weeks to complete all legal and bank procedures.
- 03 Do I need to be in Mexico to close the deal?Not necessarily, you can give a power of attorney to your lawyer.
- 04 Can I buy property remotely?Yes, with a power of attorney, you can buy remotely.
- 05 What is the role of a notary in Mexico?A notary verifies and registers the property transaction.
- 01 What is a fideicomiso?It’s a bank trust that allows foreigners to hold property in restricted zones.
- 02 Is the property fully owned by me?Yes, you are the beneficiary of the trust with all rights of ownership.
- 03 Do I need a notary?Yes, all real estate transactions must be formalized by a Mexican notary public.
- 01 What are closing costs?They range from 4–7% of the purchase price, covering notary, taxes, and registration.
- 02 Do I pay annual property taxes?Yes, property tax (Predial) is very low in Mexico compared to other countries.
- 03 How much does a fideicomiso cost?Setup is around $500–$1,000 USD, plus annual fees of $400–$600 USD.
- 01 Can I rent out my property?Yes, short-term and long-term rentals are allowed, but taxes apply.
- 02 Can I build on my land?Yes, as long as you comply with local zoning and building regulations.
- 03 Can I live in Mexico full-time?Yes, but you will need to apply for a temporary or permanent resident visa.
- 01 Is buying property in Mexico safe?Yes, if done with a trusted notary and proper legal due diligence.
- 02 How do I avoid scams?Always verify the property title with the Public Registry and use a notary.
- 03 Is title insurance available?Yes, many companies offer title insurance for added security.
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