Weekly insights into Puerto Vallarta’s real estate market. We cover market trends, the buying process, residency options, short-term rental strategies, immigration and tourism updates, and a range of topics relevant to investing and living in Puerto Vallarta.
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Weekly insights into Puerto Vallarta’s real estate market. We cover market trends, the buying process, residency options, short-term rental strategies, immigration and tourism updates, and a range of topics relevant to investing and living in Puerto Vallarta.
Why Locking in an Exchange Rate Matters When Buying Property in Mexico
Rare Earth Podcast
5 minutes 4 seconds
5 months ago
Why Locking in an Exchange Rate Matters When Buying Property in Mexico
For many foreign buyers, purchasing real estate in Mexico is a dream come true. However, one often-overlooked risk can turn that dream into a financial headache: currency fluctuation. When buyers agree to purchase property in pesos but fund the purchase in another currency-such as U.S. or Canadian dollars-they expose themselves to the unpredictable swings of the foreign exchange market. These fluctuations can have a significant impact on the final cost of a home, sometimes adding tens of thousands of dollars to the original price.
Rare Earth Podcast
Weekly insights into Puerto Vallarta’s real estate market. We cover market trends, the buying process, residency options, short-term rental strategies, immigration and tourism updates, and a range of topics relevant to investing and living in Puerto Vallarta.