Puerto Vallarta, Mexico – We’re starting 2025 with a how-to series that explains what you need to know to make your new life in Puerto Vallarta easier, more organized, and how to save some money along the way. First topic? Let’s talk about paying your property taxes.
Most buyers from the USA and Canada are happy to discover that property taxes in Puerto Vallarta are inexpensive compared to what they pay on their primary residence back home – one of the many reasons buying a vacation property in Mexico is so attractive.
Property taxes are called “predial” in Spanish and, in the state of Jalisco, are calculated at approximately .08% of the assessed value of your property. However, if you pay your Puerto Vallarta property taxes prior to the end of January 2025, you will automatically qualify for a 15 percent early payment discount. In February, you will save 10%, and payments made in March will save 5%.
Older people may even quality for additional savings. You may be able to receive a 50% discount if you are 60-75 years old, a 60% discount if you are 75-79 years old, and 80% if you are over 80, using your passport as proof of age.
An easy option is paying your property taxes online. You will find all the information that you need listed on the tax bill from the previous year, which would have been included in the packet of documents you received at closing from the notary, if you are a new homeowner.
If you prefer to pay in person, you can visit:
- City Hall, Independencia 123 in downtown Puerto Vallarta
- UNIRSE, Grandes Lagos 236 in Fluvial
- City Hall, Mezquital 604 in Los Portales
Bring along your copy of the previous years’ taxes and keep in mind that you cannot pay Puerto Vallarta property taxes using foreign currency or with a check.
In our next article we’ll provide an easy how-to on paying your vehicle’s annual license plate fee.
Click HERE for more real estate and lifestyle tips from Tropicasa Realty.
Tropicasa Realty has been a trusted name in Puerto Vallarta real estate since 1997. Affiliated with top industry associations, including “Who’s Who in Luxury Real Estate”, our agents have over 275 years of combined real estate experience and all Tropicasa agents are AMPI members. Find the expert Tropicasa team at their Romantic Zone Office at Pulpito 145-A, call (322) 222-6505 in Mexico or 866-978-5539 toll-free from the U.S., or visit Tropicasa.com.
Click HERE to learn more about Tropicasa Realty, or visit tropicasa.com.
