Expect to pay 4–7% of the purchase price in closing costs (notary fees, taxes, trust setup).
Foreigners can hold title via a fideicomiso (50-year renewable bank trust) or a Mexican corporation. buying property in puerto vallarta
The purchasing process generally takes 30–90 days . Expect to pay 4–7% of the purchase price
Buying property in Puerto Vallarta is a popular, secure, and straightforward process for foreigners, provided you navigate the legal framework correctly. Foreigners can own property, but within 50 km of the coast (a "restricted zone"), they must use a bank trust (fideicomiso) or a Mexican corporation. and straightforward process for foreigners
Always hire a reputable, AMPI-certified real estate agent and an independent attorney to handle due diligence. The Purchasing Process TIPS TO BUYING REAL ESTATE IN PUERTO VALLARTA!