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MEXICO REAL ESTATE CAPITAL GAINS TAXES (called ISR or Impuesto Sobre la Renta) An update to this article on 2 items have been included on a post of 1 of March. Click Here to see (Yucatan Real Estate Taxes Update) In the Yucatan real estate market, including other regions of Mexico, ISR are assessed when you sell … [Read more...] about Rule of Thumb on Capital Gains Taxes on the Sale of Mexico Real Estate
ANNUAL PROPERTY TAXES in the Yucatan real estate market and even in Quintana Roo are very reasonable. Example: A Mexico real estate property in Yucatan, with an appraised value of, let's say, $1,000,000 pesos will be assessed annual property taxes of, more or less, $2000 pesos Probably less. It is important to … [Read more...] about Yucatan Real Estate Property Taxes
A couple of weeks ago, we had an interesting question be sent to our panel of experts The seller of a property wrote to ask, Q. "What happens when I make some profit on the sale of Mexico real estate, we paid the Mexico capital gains tax, do we still need to pay taxes on the capital Gains in my home country too … [Read more...] about Q: Do you Pay Mexico Capital Gains Taxes in Your Home Country Too
THE MEXICO REAL ESTATE BUYING PROCESS PART II (Fideicomiso or FOMC) This is a continuation of my previous post- Buying in The Yucatan Real Estate Market While touring Yucatan properties with your agent, you will want to engage in a conversation about Fideicomisos and FOMC (Foreign Owned Mexican Corporations) to … [Read more...] about Mexico Real Estate; When to Use a Bank Trust and When to Use a Mexico Corporation to Hold Title
Mexico condos are popular investment options for Americans, Canadians and British and even more so those which are in the pre construction stages But identifying the risks and knowing how to manage such risks are important factors to ensure good returns and avoid costly surprises Q.) I have a question I'm … [Read more...] about Q: I bought a Mexico Condo During Construction, How do Exchange Rates Effect My Payment Plan
Mexico Real Estate Investments have been extremely profitable in this country for the past number of years But the overall consensus with our panel has been "surround yourself with Mexico real estate experts" to avoid unsuspected pitfalls Stewart Title has a team of lawyers that assist non-Mexican buyers, investors, … [Read more...] about A Mexico Real Estate Investment Question Regarding Preconstruction Condos
All too often citizens of the United States, Canada and other countries ASSUME that property purchases are carried out automatically in Mexico in a manner similar to that of their native countries The first law of property purchase in Mexico is DON`T ASSUME anything! Purchasing property is NOT the same as in other … [Read more...] about How Secure Is Your Mexico Real Estate Investment
WHAT IS A MEXICO FIDUCIARY This term is most commonly used in Mexico to describe the bank which holds the title if you are purchasing a property in a Mexican bank trust, a fideicomiso However the word has another very important meaning for those who are buying property in Mexico The Fiduciary also refers to … [Read more...] about Mexico Fiduciaries and The Mexico Buyer’s Agent
