UPDATE - FEB 2021 - We are launching a Dream Retirement in Mexico Program - all the things you need to know before deciding to move to Mexico. Coming this Spring. Go to thisismodernaging.com to sign up for the email list so you can get the updates.
I was able to finally make it down to PV from Aug 14-28/2021 and see it all for myself including the surrounding towns and interior. It was great to drive through all of these neighborhoods and get a good scouting report. I did and saw so much and it ended up being better than what I expected. My mind is made up and God willing, I will be back for good within 1-2 years max. 🙏🙏🙏
I live in Puerto Vallarta and these prices are very high, if you look you can find CHEAPER, MUCH CHEAPER prices. These are gringo prices... look around if you are going to head down here...
Cecilia Huayamares thanks for the advice. I'm planning to visit and looking for a hillside/ocean view studio or 1 bedroom at gringo prices...please reply if you know someone that I can contact. Thank you in advance.
Rent is so cheap in Mexico...no need to buy. Look for long term rentals on Airbnb. Recently found an entire house in Puerto Vallarta for $950 a month and a decent 2 bedroom apt with kitchen and aircon for $450 a month.
I definitely needed this today, a little vacation, if only in mind. Keep up the positive attitude, Taniel. Positivity is contagious too. Definitely dreaming of living in PV.
I agree, this is such a wonderful break away from politics in the US! I have really been enjoying your videos Risa, and think Taniel is such a nice and informative realtor! I definitely would love to have him as our realtor. Thank you Risa!
I agree. I have a friend whose parents live in Conchas Chinas. Would like to see a similar tour of that area. This low to high real estate tour in 15 minutes is far more informative and interesting than anything on HGTV. I'm hooked.
Your videos are SO informative. I was looking at Merida. I'm 61 raising an 8yr. so first things first is visiting after the Corona crisis. Sending healing energy to your family.
The 2BR 2BA for $639K in Amapal was stunning. At best that would get you a studio to maybe a 1BR (unfurnished) in NYC where I live. And the rooftop he showed you at the end I saw in a House Hunters International episode when he showed it to some buyers. Really beautiful.
Thanks so much! We all need things to take our mind off the current situation...and nothing like spending some online time in Puerto Vallarta! :) Wish I were there right now!!
I really enjoyed your 2 part video I’m looking forward to buy something in Puerto Vallarta and this is giving me some ideas! Thanks for sharing looking forward to meet Taniel. 😊
Compared to living in the SF Bay Area, these prices are still pretty decent. Most properties where I live are over a million dollars. Thanks for the presentation and for your knowledge.
I’m renting a condo in a small building up on a huge hill. A 2 bedroom 2 bath with balcony full ocean view with city below. Also ocean view from master bedroom. Rooftop dipping pool, gas bbq, washer, dryer, bathroom, outdoor kitchen and bar. Incredible view of the bay, four flights up. 5 December area on a hill close to Leys market. ALL FOR 700/MONTH!!!!! A BARGAIN!!!! Electric is extra.
Very informative video's put units are way to expensive, this is basically for millionaires. Any suggestions on any channel that can show and make recommendations for budget constrained seniors on a pension ?
I'm glad I came across your Chanel! My family is from pv have their own home and property As a mom of 3 me being 25 year old. They been telling me to invest my money and live in Pv... I been in Oregon my whole life . I think its time to buy $$$
Definitely get in touch with Taniel. He knows the area really well and more importantly, will take care of you and make sure you get what you want and can afford.
Entertaining and informative-love this video specifically. The Avalon is unbelievably gorgeous and Taniel would be the go to agent when we are ready to buy.
thanks so much! yes, The Avalon is an awesome condo building with crazy views! Taniel is an amazing caring agent which is a definite must when purchasing abroad.
I loved the 2BR/2BA condo in Amapas (the place with the “green pool” that Riso fell in love with as well). I’m wondering what the monthly rent would be on a condo like that, if one is interested in renting as opposed to purchasing?
FYI Bill Gates is selling villas here in Punta de Mita. Four Seasons to be exact. 25 million usd. Funny how many people think the prices are going to be low. Beachfront is the most expensive real estate in the world, it does not matter what country its in. Location location location. Buying a condo in Mexico city downtown is like buying a condo in New York downtown. Same price tags. The best way to do it, is using your equity with low interest rates, to buy a second home or property in Mexico. Hopefully the buy is a good money maker and the property will pay for itself. Although it is a great investment, buyers always buy for the fun. lol
I like your videos, I have a question?, if you buy a property there and you don’t have a banking account there , to who you wire the money to be secured after you Signed a purchase agreement before the closing ( to notary or who). I will appreciate your advice and Daniel . Thank in advance.
If you are considered a resident of Mexico, then you are going to be taxed on your worldwide income, ranging progressively from 1.92% - 35% depending on income level, regardless of your nationality or where the income was earned. On top of your obligation to file and pay US taxes, Mexico has income taxes of its own. For 2020, the national income rates for resident expats are as follows: Earnings in Pesos Rate Applicable to Income Level (%) 0 - 125,900: Exempt 125,900 - 1,000,000: 15% 1,000,000 and above: 30% Expatriates also pay local taxes to their state in Mexico. These rates are different in each state and generally range from 1% to 3%. Capital Gains Tax in Mexico If you are a resident, capital gains apply to worldwide income. Currently, the rate is 25% on the gross amount of the transaction or 30% of the total capital gain. For expatriates, the capital gains tax will depend on the tax cost basis, the type of asset to be liquidated and the sale price.
I love Puerto Vallarta, so don't think I am anti PV or unduly negative One or more of the drug and human trafficking cartels have moved into Nayarit, which is not far from PV. I was surprised to read about it just a few weeks ago, since I loved driving to Tepic and viewing the Huichol/Cora indian arts. I hope enough of the cartel's families live in PV so it will not feel the effects which are plaguing some other parts of Mexico.
Hi Joan - Good afternoon. There are a number of colleges throughout the city. Feel free to email me at info@tanielchemsian.com with any questions you may have regarding schools and I will be happy to investigate for you.
PV is more expensive due to the beach, but if you look around you can for sure find around those prices in CDMX and even cheaper in other cities such as Queretaro, Puebla, and such.
Gringo real estate agents aren't going to make much money off selling places in that range, so no offense to them but avoid them. The exception might be if they are genuinely sympathetic to your budget and have some knowledge to share that isn't aimed at making themselves a buck. It would help tremendously to Speak Spanish and to actually be in the area you'd like to buy in to find a good place for that kind of money. It might also make sense to get some cheap land and get a middle class Mexican style place built. The average home price in all of Mexico is somewhere around 50K so it's definitely doable if you don't mind a place that is more "plain" than what you find in videos aimed at expats. You will get a lot more bang for your buck in small towns or cities that aren't geared towards expats like Puerto Vallarta, Ajijic, San Miguel de Allende and Los Cabos. For example, instead of living in Puerto Vallarta you might look in around a smaller town nearby like San Francisco ("San Pancho") that's still charming with a great beach but off the typical expat retiree radar.
Are your videos designed to cater to retirees and expats with money? Cuz a lot of us want to come down and live simply and cheaply and these homes aren’t that. Kind of him to show you around but not practical for most of us.
UPDATE - FEB 2021 - We are launching a Dream Retirement in Mexico Program - all the things you need to know before deciding to move to Mexico. Coming this Spring. Go to thisismodernaging.com to sign up for the email list so you can get the updates.
I was able to finally make it down to PV from Aug 14-28/2021 and see it all for myself including the surrounding towns and interior. It was great to drive through all of these neighborhoods and get a good scouting report. I did and saw so much and it ended up being better than what I expected. My mind is made up and God willing, I will be back for good within 1-2 years max. 🙏🙏🙏
That's so awesome!! yay!! I'm sure Taniel and his team can help you find the perfect place when you are ready! :)
I live in Puerto Vallarta and these prices are very high, if you look you can find CHEAPER, MUCH CHEAPER prices. These are gringo prices... look around if you are going to head down here...
Cecilia Huayamares thanks for the advice. I'm planning to visit and looking for a hillside/ocean view studio or 1 bedroom at gringo prices...please reply if you know someone that I can contact. Thank you in advance.
I bought a beach property and I’m building at the moment for nothing compared to this 🏝🏖
@@athena11711 am looking to buy some land /build something for myself in PV area. Any chance you can point me to the right direction?
@@S0ul5Hun73r Check out Lighthouse Vallarta real estate. We have lots for sale 20k only.
Rent is so cheap in Mexico...no need to buy. Look for long term rentals on Airbnb. Recently found an entire house in Puerto Vallarta for $950 a month and a decent 2 bedroom apt with kitchen and aircon for $450 a month.
I definitely needed this today, a little vacation, if only in mind. Keep up the positive attitude, Taniel. Positivity is contagious too. Definitely dreaming of living in PV.
Yes we have to remember that positivity IS contagious. we need a bit more of that right about now.
I agree, this is such a wonderful break away from politics in the US! I have really been enjoying your videos Risa, and think Taniel is such a nice and informative realtor! I definitely would love to have him as our realtor. Thank you Risa!
Let's all just move to Vallarta ASAP! 😍
Sounds good to me! If we have to be quarantined, that's a beautiful place to be!
That penthouse view at 5:33 was amazing!! My goal is to be a November to April resident in Mexico.
Please do a part 3. I really want to see the rest of the towns going south and how expensive each area is.
I agree. I have a friend whose parents live in Conchas Chinas. Would like to see a similar tour of that area. This low to high real estate tour in 15 minutes is far more informative and interesting than anything on HGTV. I'm hooked.
Your videos are SO informative. I was looking at Merida. I'm 61 raising an 8yr. so first things first is visiting after the Corona crisis. Sending healing energy to your family.
im glad theres a part two to this video! i enjoyed your previous video. thanks for sharing with your realtor!
Thanks so much for watching both parts! Yes it was fun to go around with Taniel and see neighborhoods I had never visited. :)
Taniel is such an expert. I loved this video. I agree the Hillside with all those views was amazing!
The 2BR 2BA for $639K in Amapal was stunning. At best that would get you a studio to maybe a 1BR (unfurnished) in NYC where I live. And the rooftop he showed you at the end I saw in a House Hunters International episode when he showed it to some buyers. Really beautiful.
Waayy more than I was thinking of spending in Mexico!
Great video. Thank you. Contemplating a move to Mexico in the future.
Great video! Thanks for posting. He knows his stuff.
Love your videos - thank you
Thanks so much! We all need things to take our mind off the current situation...and nothing like spending some online time in Puerto Vallarta! :) Wish I were there right now!!
I really enjoyed your 2 part video I’m looking forward to buy something in Puerto Vallarta and this is giving me some ideas! Thanks for sharing looking forward to meet Taniel. 😊
Compared to living in the SF Bay Area, these prices are still pretty decent. Most properties where I live are over a million dollars. Thanks for the presentation and for your knowledge.
I’m renting a condo in a small building up on a huge hill. A 2 bedroom 2 bath with balcony full ocean view with city below. Also ocean view from master bedroom. Rooftop dipping pool, gas bbq, washer, dryer, bathroom, outdoor kitchen and bar. Incredible view of the bay, four flights up. 5 December area on a hill close to Leys market. ALL FOR 700/MONTH!!!!! A BARGAIN!!!! Electric is extra.
Hi Vicki
Can you provide me with some pictures please
Inside and outside
Thank you
@@evasimon5989 Look on Airbnb for cheap long term rentals in P.V. & don't be afraid to negotiate.
OMG! Beautiful view.
Very informative video's put units are way to expensive, this is basically for millionaires. Any suggestions on any channel that can show and make recommendations for budget constrained seniors on a pension ?
I'd love to see a PART 3 :)
I'm glad I came across your Chanel! My family is from pv have their own home and property As a mom of 3 me being 25 year old. They been telling me to invest my money and live in Pv... I been in Oregon my whole life . I think its time to buy $$$
Definitely get in touch with Taniel. He knows the area really well and more importantly, will take care of you and make sure you get what you want and can afford.
Entertaining and informative-love this video specifically. The Avalon is unbelievably gorgeous and Taniel would be the go to agent when we are ready to buy.
thanks so much! yes, The Avalon is an awesome condo building with crazy views! Taniel is an amazing caring agent which is a definite must when purchasing abroad.
I loved the 2BR/2BA condo in Amapas (the place with the “green pool” that Riso fell in love with as well). I’m wondering what the monthly rent would be on a condo like that, if one is interested in renting as opposed to purchasing?
The more videos I watch of this place the more I want to move to t hi is place
Elevator breakdown. You better be in good shape.
Great series... I'm a follower and looker to pUrchase.
thanks so much!! We will be launching a free webinar in early June on the basics of retiring/moving to Mexico. stay tuned!
WOW, that unit would be at least 4 million in San Francisco maybe more wow !
Thank you .
what about las moras? a safe gated comunity?
Great vid....prices are very cheap to a Californian ❤️
yeah for New Yorkers as well. But with all that is happening in the world right now we shall see what happens.
Maybe it’s just me, but the white, box-like condos are not for me. They could be anywhere.......
Risa, where else have you traveled and considered moving to? I am binge watching your channel! : )
It looks nice but very expensive, my 3 bedroom condo in chicago was only 250000. Like less the half
FYI Bill Gates is selling villas here in Punta de Mita. Four Seasons to be exact. 25 million usd.
Funny how many people think the prices are going to be low. Beachfront is the most expensive real estate in the world, it does not matter what country its in. Location location location. Buying a condo in Mexico city downtown is like buying a condo in New York downtown. Same price tags.
The best way to do it, is using your equity with low interest rates, to buy a second home or property in Mexico. Hopefully the buy is a good money maker and the property will pay for itself. Although it is a great investment, buyers always buy for the fun. lol
Rent is cheap in Mexico...no need to risk $ buying property in a foreign country.
Do you drive to everywhere? Any public transportation?
My friend has a car so we drive. there are buses in the city and Uber.
How can I get in touch with your realtor
go to www.tanielchemsian.com and you can email him there. :)
I like your videos, I have a question?, if you buy a property there and you don’t have a banking account there , to who you wire the money to be secured after you Signed a purchase agreement before the closing ( to notary or who). I will appreciate your advice and Daniel . Thank in advance.
It will all be wired into an escrow account with your lawyer.
If you are considered a resident of Mexico, then you are going to be taxed on your worldwide income, ranging progressively from 1.92% - 35% depending on income level, regardless of your nationality or where the income was earned.
On top of your obligation to file and pay US taxes, Mexico has income taxes of its own. For 2020, the national income rates for resident expats are as follows:
Earnings in Pesos Rate Applicable to Income Level (%)
0 - 125,900: Exempt
125,900 - 1,000,000: 15%
1,000,000 and above: 30%
Expatriates also pay local taxes to their state in Mexico. These rates are different in each state and generally range from 1% to 3%.
Capital Gains Tax in Mexico
If you are a resident, capital gains apply to worldwide income. Currently, the rate is 25% on the gross amount of the transaction or 30% of the total capital gain. For expatriates, the capital gains tax will depend on the tax cost basis, the type of asset to be liquidated and the sale price.
Some places in Washington DC are a little scary
Most places in America are scary since 1492....
What would a one BR condo in the central district of PV near the beach cost?
You can find that on Airbnb.
I love Puerto Vallarta, so don't think I am anti PV or unduly negative One or more of the drug and human trafficking cartels have moved into Nayarit, which is not far from PV. I was surprised to read about it just a few weeks ago, since I loved driving to Tepic and viewing the Huichol/Cora indian arts. I hope enough of the cartel's families live in PV so it will not feel the effects which are plaguing some other parts of Mexico.
Anyone told you that you look like the VP some?
If I'm going to spend $300k+ on a residence, why go to Mexico? I can do that in south Florida.
Do they have community college classes there?
Hi Joan - Good afternoon. There are a number of colleges throughout the city. Feel free to email me at info@tanielchemsian.com with any questions you may have regarding schools and I will be happy to investigate for you.
Taniel!!!!!!
Do you have lesser priced ones as in 45000-80000$
PV is more expensive due to the beach, but if you look around you can for sure find around those prices in CDMX and even cheaper in other cities such as Queretaro, Puebla, and such.
Gringo real estate agents aren't going to make much money off selling places in that range, so no offense to them but avoid them. The exception might be if they are genuinely sympathetic to your budget and have some knowledge to share that isn't aimed at making themselves a buck. It would help tremendously to Speak Spanish and to actually be in the area you'd like to buy in to find a good place for that kind of money. It might also make sense to get some cheap land and get a middle class Mexican style place built.
The average home price in all of Mexico is somewhere around 50K so it's definitely doable if you don't mind a place that is more "plain" than what you find in videos aimed at expats. You will get a lot more bang for your buck in small towns or cities that aren't geared towards expats like Puerto Vallarta, Ajijic, San Miguel de Allende and Los Cabos. For example, instead of living in Puerto Vallarta you might look in around a smaller town nearby like San Francisco ("San Pancho") that's still charming with a great beach but off the typical expat retiree radar.
Are your videos designed to cater to retirees and expats with money? Cuz a lot of us want to come down and live simply and cheaply and these homes aren’t that. Kind of him to show you around but not practical for most of us.
Recently found good and cheap long term rentals for Puerto V on Airbnb.
How about some affordable property. He only shows high end.
Jaded Asian chick