A Simple but important thing to remember about Property Taxes in Mexico

A Simple but important thing to remember about Property Taxes in Mexico
Posted on 2020-01-03 | by Poncho

If you're reading this outside Mexico you should know, one of the Top 3 questions I receive while I show a property, is how much property taxes are and my answer is, it's around 1 percent of the fiscal value of the property which an average of a 300,000 USD house or condo could be around 300 USD for the entire year; YES! 300 USD more or less. 

 

Also, you should know in Mexico everyone gets a discount if property taxes get paid during January 15%, February 10%, March 5%.

 

In case you are a full-time resident in Puerto Vallarta or Riviera Nayarit, ok in Mexico and if you are No Mexican and you knew it, always is good to have someone to give you a friendly reminder about it.

 

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