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The title will stay in the developers name until the final payment has been made.

@corndog Thank you that article is helpful! The financing is developer financing. I'm still unsure if it would be better to buy through a US LLC.

Thanks @joanC ! I did read the prior thread regarding the transfer tax but as you pointed out the end result still seems unclear.

This is very helpful thank you @Old55 !! Any idea how taxes work on rental income?

Hello! I am in the process of buying a condo in RP and am hoping for guidance regarding whether I should create a US LLC to complete the purchase or just go through the traditional fideicomiso process. I'm primarily interested in the tax implications of both options as it relates to taxes on...