Puerto Vallarta, Mexico — The Puerto Vallarta City Council approved a new tax targeting international tourists on Friday, November 15, sparking concerns within the local tourism industry about potential negative impacts on the region’s appeal as a premier travel destination.
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- Mexican Peso Hits Record Low Against US Dollar According to DOF Puerto Vallarta, Mexico – The Mexican peso has reached a new record low against the US dollar, according to the Official Gazette of the Federation (DOF). The exchange rate surged past the 20 pesos per dollar mark and is approaching 21 pesos, signaling a significant depreciation of the national currency. Current Exchange Rate The National…
Puerto Vallarta Proposes to Hit Foreign Tourists with New Taxes Puerto Vallarta, one of Mexico’s premier tourist destinations, is set to debate a new proposal aimed at imposing a 270-peso tax on foreign visitors. The initiative, championed by the Public Finance and Tourist Services and Visitor Care Commissions, was recently presented and scrutinized by municipal councilors and is expected to be formally discussed in the…
Tactical Operations Group Enhances Security Measures in Puerto Vallarta Puerto Vallarta, Mexico — This weekend, the Tactical Operations Group intensified its security operations across various neighborhoods and colonies in Puerto Vallarta. The initiative aimed to strengthen safety measures and prevent antisocial and criminal activities, ensuring the tranquility of citizens and the protection of their property. Patrol units were actively present in neighborhoods such as…- Puerto Vallarta’s New Tax on Foreign Tourists Expected to Raise 300 Million Pesos Annually Puerto Vallarta, Mexico – Puerto Vallarta’s municipal government has made significant progress in implementing a special tax for tourists, aimed at generating between 250 and 300 million pesos annually to fund the city’s tourism infrastructure and services. Mayor Luis Ernesto Munguía González announced that the proposal, initially presented to the city’s business sector, has advanced…
- Puerto Vallarta Reaches Concensus on New Tax Targeting Foreign Tourists Puerto Vallarta, Mexico — The business community and tourism sector in Puerto Vallarta have reached a last-minute consensus with municipal authorities over two proposed taxes targeting visitors. The initiatives, introduced by Municipal President Luis Ernesto Munguía González, initially raised concerns among local businesses due to their potential impact on tourism. The proposed taxes aimed to…
- Mexican Peso Takes a Hit Again With Dollar At Yearly High Puerto Vallarta, Mexico – The Mexican peso is facing renewed pressure against the U.S. dollar, pushing the exchange rate toward levels of 20.6109 pesos per dollar. At the opening of today’s financial markets, the peso showed a depreciation of 0.58 percent, influenced by a robust dollar reaching a one-year high. Market participants are keenly awaiting…
- Mexican Peso Falls Against Dollar Amid Uncertainty Over 2025 Budget Proposal Puerto Vallarta, Mexico – The Mexican peso experienced a decline against the U.S. dollar on Friday morning, marking a volatile start to the session. The currency registered a weekly loss as markets await details of Mexico’s 2025 national budget proposal, which is anticipated to provide insight into the country’s fiscal strategies for the coming year.…
- Puerto Vallarta Expected to Implement Fee for Foreign Tourists Visiting the City Starting 2025 The Puerto Vallarta City Council, led by Green Party Mayor Luis Ernesto Munguía, has proposed a new fee targeting foreign tourists. The measure aims to generate revenue for the maintenance and improvement of public spaces and municipal services, particularly those catering to tourism. If approved, the initiative will become part of the municipality’s Income Law…
- Thousands in Puerto Vallarta to Experience Water Outage Today, November 14 Thousands of residents across at least eight neighborhoods in Puerto Vallarta will be without drinking water for much of Thursday, November 14. Seapal Vallarta, the city’s water operating agency, announced that a critical valve replacement at the intersection of Jalisco Street and Prisciliano Sánchez Avenue necessitates the temporary service interruption. Seapal Vallarta communicated the upcoming…
- Puerto Vallarta International Airport Expands Winter Schedule with 10 New Weekly Flights Puerto Vallarta International Airport is set to enhance its connectivity for the 2024-2025 winter season by introducing ten new weekly flights. This expansion will offer travelers over 7,000 additional departure seats across several new routes, according to Grupo Aeroportuario del Pacífico (GAP). The new flights are scheduled to commence this month, providing increased options for…
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