Increase in Business Assaults and Robberies in Puerto Vallarta

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• Mexican Peso Depreciates Sharply Amid Dollar Strengthening and Economic Uncertainty Puerto Vallarta, Mexico – The Mexican peso experienced a significant depreciation on Wednesday, driven by the strengthening of the US dollar and anticipation of crucial economic data from both Mexico and the United States. The local currency lost more than 20 cents, closing the day at an exchange rate of 18.3648 pesos per dollar, down…
• Puerto Vallarta’s Historic Center Faces Crisis: Abandoned Properties, Homelessness, and Insecurity Puerto Vallarta, Mexico — The heart of Puerto Vallarta, its Historic Center, is in decline. According to a recent study by the Municipal Government, the area is plagued by 249 abandoned, closed, or uninhabited houses and premises. The growing number of homeless people, increased insecurity, dirt, and foul odors are further signs of the crisis.…
• Residents and Merchants Block Roads in Puerto Vallarta Demanding Completion of Street Repairs Puerto Vallarta, Mexico - In a significant act of protest, residents and merchants from San Salvador Street in Puerto Vallarta blocked the intersection of San Salvador Street and Mexico Avenue today, calling on municipal authorities to fulfill their promises to complete the road repairs. The incomplete repairs have rendered the street nearly impassable, adversely affecting…
• Mexican Peso Continues to Fall Amid Volatile Session Puerto Vallarta, Mexico – The Mexican peso experienced a significant decline on Thursday during a session marked by high volatility. The local currency lost ground in the wake of the Bank of Mexico’s (Banxico) monetary policy announcement, coinciding with the unveiling of new members of the upcoming government's cabinet. At the close of trading, the…
• Non-Compliance in Hotel Accommodation and Tourist Services Tops Consumer Complaints in Puerto Vallarta Puerto Vallarta, Mexico - The Federal Consumer Attorney's Office in the interstate metropolitan area of Puerto Vallarta-Bahía de Banderas has identified non-compliance in hotel accommodation and the provision of tourist services as the leading consumer complaints. These issues were highlighted by Álvaro Alberto Dávila Castro, director of the Federal Consumer Protection Agency (Profeco) office for…
• Tourism in Puerto Vallarta Generated One Billion Dollars During the First Five Months of the Year Puerto Vallarta, Mexico—During the first five months of this year, Puerto Vallarta emerged as a major economic driver for the state of Jalisco, receiving a staggering 17.63 billion pesos from tourists, nearly one billion US Dollars, according to the State Tourism Information System (SITE). This remarkable influx of tourism revenue underscores the importance of the…
• FBI Warns Cartels Have Stolen $300 Million Dollars From Americans in Timeshare Scams Puerto Vallarta, Mexico—The FBI has seen a rise in scams targeting timeshare owners. In these scams, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.    Its primary choice of victim—older Americans—technically makes timeshare fraud a form of elder fraud, or crime that…
• Tropical Storm Beryl Forms in Atlantic, Could Strengthen to Hurricane Puerto Vallarta, Mexico - On Friday, the US National Hurricane Center (NHC) issued a bulletin confirming the formation of Tropical Storm Beryl in the Atlantic basin, situated east of Barbados. Moving at a speed of 30 kilometers per hour in a westward direction, Beryl currently sustains maximum winds of 65 kilometers per hour. The NHC…
• Sea Turtle Hatching Season in Puerto Vallarta Begins in July As the summer sun graces the shores of Puerto Vallarta, an extraordinary natural spectacle unfolds: sea turtle hatching season. This picturesque destination, renowned for its rich biodiversity and commitment to conservation, draws thousands of visitors annually to witness the awe-inspiring event of sea turtles emerging from their nests. From families seeking educational experiences to nature…
• Paying Condo Fees in Mexico: A Crucial Responsibility for Property Owners Puerto Vallarta, Mexico - Owning a condominium in Mexico comes with several responsibilities, the foremost being the obligation to pay maintenance fees, regardless of whether you reside on the property. Inmuebles24, a leading online real estate classifieds portal in Mexico, shares critical insights on this subject, emphasizing the importance of understanding and complying with the…