Things are really happening in Mexico these days. The economic reports are all positive here, and the Mexican economy is seemingly unaffected by the downturn in the United States. But people who are interested in building a Puerto Vallarta second home aren’t just looking for a place to retire. US agricultural businesses, which for years have depended upon laborers from Mexico, are finding it more difficult to hire personnel. Their solution? They’re moving their farms to Mexico to take advantage of the availability of labor.
Labor costs are much lower here in Mexico than in the US, land is available and the Mexican government has established policies that make Mexico a very attractive place to do business. What better place to establish residency than in a Puerto Vallarta second home.
Don’t confuse residency with citizenship, because the two are not the same. If you own a business in Mexico, it’s very easy to establish residency. The benefit of residency is predominantly rooted in taxation. You’ll pay lower taxes on a Puerto Vallarta second home as a resident than you will as a non-resident.
Many business professionals who can work from anywhere are choosing to work in Mexico for the many benefits it offers, lower costs of living and a higher standard of living in many cases are chief among them. The Riviera Nayarit is the ideal place to establish a Puerto Vallarta second home. Puerto Vallarta is the second largest city in Jalisco behind Guadalajara. With 350,000 residents, Puerto Vallarta has everything a modern US city does: clean water, good health care, low crime rates, infrastructure improvements, a diversified economy, access to goods and services – it’s all here.
Whether you choose to establish a business here or not, a Puerto Vallarta second home makes an outstanding investment. You’ll be shocked at the appreciation your investment will realize after just a few short years.
Select Mexico Properties is currently selling parcels to residential investors who want to experience the benefits of life in Mexico. Some are building a Puerto Vallarta second home; others plan to live here year-round. Whatever your choice is, these Select Mexico Properties building sites hold extremely high investment potential. Please don’t wait! Contact a Select Mexico Properties sales representative today.
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