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Last week, I began discussing the process of how to purchase your Mexico dream home Please click here to see this first post Mexico Real Estate Purchasing Process and go here Mexico Real Estate Agents to learn more on this subject. Rule Number Three:Mexico Real Estate Closing Costs (Fideicomiso) Closing … [Read more...] about Purchasing Your Mexico Dream Home; Real Estate Closing Costs in Mexico -Part 2
Yucat n has been the attention of many international real estate investor in recent years With the many Haciendas, the old colonial architecture, and the increasing amounts of non-Mexican buyers, where can people begin their process into buying property here in paradise We asked Mitch Keenan, a Yucatan Real Estate … [Read more...] about Yucatan Real Estate Expert; Mitch Keenan
There is a lot of misinformation on this subject, such as: "If you become a Mexican citizen you have no tax to pay when you sell real estate"...... or "With a FM-3 and some receipts, you will be exempt from paying capital gains on the sale of your vacation house in Mexico" Neither scenario is completely … [Read more...] about The Tax on Profits from a Mexico Real Estate Sale
I recently had the question from a client "When do I need to pay the annual maintenance of my Mexico bank trust of my Mexico property" Yes, it s that time of year again and property taxes and Bank Trust maintenance fees are becoming due Some of you may not be property investors yet but are seriously studying over the … [Read more...] about When To Pay Your Mexico Real Estate Bank Trust Maintenance Fees
I have been involved in hundreds of Mexico Real Estate transactions Hardly any of the Mexico Real Estate Purchases have had the same procedures, or the same situations to occur As in any real estate transfer, there are many factors and parties involved, and when dealing in Mexico, with Mexican foreign buyers or … [Read more...] about How to Buy Mexico Real Estate: The Purchasing Process
The question onHow do I transfer money into the Mexico Real Estate seller s bank account during closing is very common. There are various options available for making money transfers into Mexico and delivering checks to the sellers But, of all options, some are the most efficient and safest for both the Mexico Real … [Read more...] about Mexico Real Estate Closing: Do I Pay the Seller With a Certified Check or With a Bank Draft
I wrote an article a few years ago about the Mexico Capital Gains Taxes which topic has come up several times recently I thought it would be good to post it up as I am doing some exercises with a client who is buying from another Mexican foreigner covering these issues... As in any Real Estate investment or … [Read more...] about Mexico Capital Gains Tax
Mexico Real Estate investments can have great returns and strong appreciation as it is a developing country with a rapidly growing tourist infrastructure But as you invest into this Mexico Real Estate Market, it is wise to study all costs and prepare a Mexico investment strategyBelow I have put together a list of … [Read more...] about What are Estimated Mexico Closing Costs
