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'Using Local Currency for Buying Real Estate' currency confusion

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Using Local Currency for Buying Real Estate

-- currency confusion

Forum Post
12/03/10 20:47

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Using Local Currency for Buying Real Estate

We can't avoid sometimes encountering currency confusion when we deal on purchasing real estate or other kinds of properties. Aside from that you also have to deal with the tax rates imposed, depending on where you purchase a real estate. I think the buyer and the seller should agree on the same way of calculation in peso and dollar rate. ~~ But, in my own opinion, I think it is really better to use local currency in doing the math for buying a property and to other transactions.

Link: Puerto Vallarta Real Estate – Puerto Vallarta and Rivie

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