According to a rough estimate, over 12 million people visited Playa del Carmen during 2018. Let’s find out why investing in real estate in Mexico.
Investing in Playa del Carmen – Big Fish Snapped at the Bait!
The Chinese government made one of the most sensational investments in the Riviera Maya with several billion dollars. They invested $1.5 billion in the Dragon Mart shopping center, which will be a huge wholesale mall. The Riviera Maya is also a popular destination for the cruise ships. Carnival Cruise Ships recently announced an investment in the construction of the largest cruise ship pier in Playa del Carmen.
The Region’s Infrastructure Improvement
In the upcoming years, it is planned to build the following:
- The railway that will connect Merida, Cancun, Tulum, and Chetumal and pass through the Riviera Maya hotels.
- Cancun International Airport will have the 5th terminal.
- The second larger private township of Puerto Aventuras will increase several hotels, condominiums and private villas.
- Over $840 million have been invested in Amikoo project which will include a museum, hotel, beach resort, and recreation park.
Health Benefits and Estate Tax Returns
You don’t have to be Mexican resident to own property here. So there is no need to immigrate or even qualify for resident status in order to invest in real estate. Moreover, its easy get the temporary residency once you’ve bought a property. You will automatically get the right to apply for Mexican public healthcare insurance system known an IMSS. It provides access to certain doctors, clinics, and hospitals in Mexico.
There is one more bonus for investing in Playa del Carmen: the Internal Revenue Service. The benefits of this type of real estate investing include the ability to collect tax-deferred income. It also gives your financial portfolio a hedge against inflation and protects your assets.
“The Best Country for Investment”
The HSBC bank studied the three largest economies in Latin America, and called Mexico “the most preferred country for investment”.
“For the past 12 years, Playa Del Carmen has been the fastest growing city in Latin America”, the HSBC stated. “Given that Mexico’s economy is now on its peak, Playa is in an advantageous position. Due to the influx of foreign visitors, it is the only place in the Western hemisphere, now is the time to invest in real estate.”
So, If you want to save and increase your capital, as well as get a high return on investment there’s no better time than now. At Top Mexico Master Broker we will help you achieve your goals in the fastest growing region of the world. Check out our projects and invest in Playa del Carmen today!