Puerto Vallarta, Jalisco, Mexico – Now that 2024 is here, it’s time to get organized and pay your Puerto Vallarta property taxes to benefit from savings. Most buyers from the USA and Canada are happy to discover that property taxes here are relatively inexpensive. It’s just one of the many reasons buying a vacation property in Mexico is so attractive.
Property taxes are called “predial” in Spanish and to offer a basic approximation, the annual property taxes on a $300,000 USD property would be approximately $500 USD, depending on the neighborhood and type of construction. However, if you pay your Puerto Vallarta property taxes prior to the end of January 2024, you will automatically qualify for a 15% early payment discount. In February, you will save 10%, and payments made in March will save 5%.
For older people, there can be additional savings. You may qualify for 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. Passports are acceptable to prove age.
For many, paying your property taxes online, is an easy option. 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
Remember to 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.
Check back with us next week when we’ll provide an easy how-to on paying your annual license plate fee for your vehicle.
Click HERE for more Puerto Vallarta real estate and lifestyle tips from Tropicasa Realty.
Since 1997, Wayne Franklin and his team at Tropicasa Realty have been a trusted name in Puerto Vallarta real estate. Tropicasa Realty is the region’s representative for “The Leading Agents of the World” and with over 100 years of combined experience in real estate, all agents of the company are affiliated with AMPI. Wayne Franklin or any member of his knowledgeable team can be contacted in-person at their Romantic Zone Office – Pulpito 145-A at Olas Altas. While in PV they can be reached at (322) 222-6505 or by calling 866-978-5539 (Toll-Free) from the U.S.
Click HERE to learn more about Tropicasa Realty, or visit tropicasa.com.