In Love with Cholla Bay

Posted by Rocky Point Times | Feb 5, 2014 | Gretchen Ellinger |

If you haven’t been to Cholla Bay, you have missed a very special community! Fishermen have known about Cholla Bay since the 1930’s or 40’s – there are still “old timers” with stories to tell of getting to Cholla over the old one lane sand road, that was converted to a 2-lane toll road, still sand, that was converted to a free 2-lane dirt road across the desert, that evolved into the current paved road that winds its way along Sandy Beach before changing into a wide improved caliche road that is well-maintained and leads to the charming community that reminds many of a Mediterranean village in Greece or Italy.

PART I: Economic Impact of Puerto Peñasco Home Port

Posted by Rocky Point Times | Feb 5, 2014 | Joe Houchin |

Our long awaited cruise port construction is underway, which means the Proverbial Clock has started ticking on the time line for completing infrastructure required to handle the economic impact of what will amount to a burst, although a continuous one, a predictable one, of tourism from this uniquely distinct cruise segment.

New Information on 2014 Tax Laws that effect Property Owners Who Rent Their Property

Posted by Rocky Point Times | Feb 5, 2014 | Rocky Point Times |

On January 1, 2014 the Mexican IRS (Hacienda (SAT) has made a lot of changes for property owners who rent their property. In English it is called SMALL BUSINESS TAX STRUCTURE. It is very important to be in compliance with new law. The penalty might be that Hacienda tax you at 35% which is the GENERAL BUSINESS TAX RATE. Also your rental company will not be able to rent your condo if you are not tax compliant.

Ask Cap’n Greg

Posted by Rocky Point Times | Feb 5, 2014 | Ask Cap'n Greg |

In the book and movie of the same name, “The Marathon Man” character was being...

Tariff Reduction on ICRESON (Catastral and Registry Institute of the State of Sonora)

Posted by Rocky Point Times | Feb 5, 2014 | Lic. Leticia Marquez Urquidez |

Excellent news for foreigners wishing to purchase property in the Mexican federal area, due to various appeals against excessive tariff by the office of the public property registry, its tariff has changed. It has stopped charging the amount of 5 per thousand on the highest value of the transaction, between the amount of the transaction, cadastral value and commercial value.

Author: Rocky Point Times