Puerto Vallarta, Mexico - It is that time of year again and the 2013 property taxes are due on your Mexico properties. They have become easier to pay for foreign owners with the addition of an online system for Puerto Vallarta owners. Anyone with a VISA or Master Card can pay online using THIS link.

Remember that if you pay your property taxes before February 15th each year you'll receive a 15% discount. Have your Predial account number ready before you log into the online payment center. This is usually a 4 digit number (could be more) found on the top right hand side of your property tax bill in the box that says "Cuenta."

Another reminder for foreign Mexico property owners, or anyone holding Mexican property in a trust, or "Fideicomiso," is to make sure you mark down your Purchase Date or the Date on the top of your trust deed, or "Escritura." This is your anniversary date and your annual trust fee is due on that anniversary date each year. Make sure your trust bank has your current email address and contact information so that those notices arrive in a timely manner. This will help you avoid hefty late fees.

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Timothy Real Estate Group is a full-service real estate sales, rentals and development agency representing some of the most distinguished properties and developments across Puerto Vallarta, Bahía de Banderas and the Riviera Nayarit. For more information, visit TimothyRealEstateGroup.com.

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