Wednesday, October 1, 2014

Update on the tax resolutions! Important message from Cointa Raviela, real estate lawyer in Puerto Vallarta, Riviera Nayarit!

Good news for real estate in Puerto Vallarta and the Riviera Nayarit



Hello again! I want to share really great news regarding the tax resolutions for real estate purchases. 
The Mexican government has clarified and amended the resolutions published on July 4th, 2014 as follows: 

Non Mexican Sellers are not required to obtain the CURP nor the RFC to sell a property unless they wish to attempt exempting capital gains (in that case, the requirements are the same: permanent residency, bills to prove the property is their primary household, RFC and the letter from SAT –formato 36- acknowledging the seller as a permanent resident for tax purposes). 
*Mexican Sellers will have to provide a copy of their CURP and RFC prior to closing. 
Purchasers will no longer have to attain Temporary Residency. Notaries will use a generic CURP. 
Purchasers will be issued an RFC with a Tourist Visa. The purchaser will have to attend a quick meeting at SAT with his/her Passport, Tourist Visa, and evidence of domicile from Mexico (any utility bill). 

Please share this information with your clients and let me know if you have any questions! 
I will continue to inform you of updates regarding this matter. 

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