Select Mexico Properties

If you’re looking for a good retirement investment , consider the purchase of real estate in Puerto stream. Use the money to pay off the rental property, or use it to fund your own retirement. The choice is yours, but your retirement investment in rental properties in Puerto Vallarta can hardly go wrong.

While you can establish a Mexican corporation to hold your property titles, an easier, less expensive and safer vehicle is to hold the property title in trust. Properties in trust are subject to a nominal annual trustee fee, and property taxes are charged at the residential rate. You’ll also need to register with Hacienda (similar to the IRS) and pay your taxes.

Retirement investments are rarely this simple, but in Mexico, foreign ownership of property can be just that. You can purchase and build your retirement home now, while you’re still living and working in the US. You can rent your property out and benefit in both the near term and in the long term.

Your near term benefit is the rent you collect right now. That’s an income stream you can use wherever you live. Your long-term benefit is the appreciated value of the property as time goes on. When you are close to retirement, decide whether you want to move to Puerto Vallarta and start enjoying life here, or sell your retirement investment and take the appreciated value back to the bank.

It’s almost like having your cake and eating it, too! Few retirement investments provide this kind of security, but Puerto Vallarta real estate is in a class by itself. If you’re ready to set yourself up for short-term and long-term security, contact a Select Mexico Properties sales representative today.

Photo Credit: Steve Woods