"Cooperation, interconnection, and integration of the American, Mexican, and Canadian economies is fundamental to our shared success." The Busch Institute.
With this year's changes of government and leaders in Mexico and the USA, we face adjustments to our lives and businesses. North America's strength and position in the world are...
For close to ten years or more, a major part of our inventory to sell has been preconstruction. This construction has been in Jalisco, mainly in the city of Puerto Vallarta.
In Nayarit there are preconstruction condo projects stretching from Nuevo Vallarta (now recognized as Nayarit) going up the coast...
Condominium ownership in any country requires humans to own some rights together by being joint owners of some essential property features physically and legally.
Some condos are horizontal so that townhomes or bigger homes can be shared in a gated community with common grounds, amenities, and roads. The owners share ownership...
Do Ampi offices use Profeco? Yes! We have been required to do so by law since 2022.
For the past 10 years, we have been in a market providing resale properties and new construction projects. Our offices and agents in the three Ampi chapters in the Bay of Banderas use the...
The preconstruction of condos in this market has been the largest and most active building industry for over 10 years. The unexpected popularity of condo preconstruction has brought thousands of new units on the market in Jalisco and Nayarit.
This popularity has been possible because seller financing has been given...
Condominium Sale Highlights
Our 2024 market is not off much. Emiliano Zapata, or Romantica Zone, has sold the most condos in the Bay (from reporting agencies). Sales volume is over 54,000,000 USD with a slight drop in average price to 510,000 USD per.
The second is Ocean Side Community in Nayarit....
Mexico welcomes foreign investment in its real estate market. There are no restrictions on foreigners owning and investing in property here. To uphold the constitution of the country, foreigners will need to become primary beneficiaries within a trust held by a Mexican bank.
The Mexican Constitution prohibits foreign nationals from...
I have covered income taxes and strategies to reduce costs within the allowed guidelines in recent articles. We have a few options to minimize capital gains based on resident and tax status for foreigners with property in Mexico.
Honestly, this is a difficult subject for most foreigners to understand, even...
In response to the economic crisis of 1994 (Tequila Crisis), with rampant debt and high inflation, the Bank of Mexico introduced the UDI in 1995.
My interest in UDIs (Unidad de Inversión or Investment Unit) came up when I searched for more information to explain to clients planning to sell...
It took a long time for Canada and the USA to share credit histories with their North American partner, Mexico. American banks have come into Mexico previously trying to build market share by offering mortgages.
This is not a simple thing when the mortgage must be inside a foreigner's trust....
