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
Mexico Purchasing Process
MEXICO BANK TRUSTS: TIPS TO REVIEW
There are several articles about the Mexico Bank Trust "Fideicomiso" and how Mexican foreigners can acquire Mexican oceanfront real estateMy post below is an attempt to explain some of these TIPS ON ITEMS TO REVIEW IN YOUR MEXICO BANK TRUST. MEXICO REAL ESTATE BANK TRUST If you are unfamiliar with the Mexican … [Read more...] about MEXICO BANK TRUSTS: TIPS TO REVIEW
Selling Your Mexican Property These Are Some of the Documents Required
If you are selling your Property here in Mexico, the Mexican notary public will require several documents to be present for the closing process If you want a refresh on what all is involved during the Mexico Real Estate closing process click here to see a previous post that I wrote outlining these steps If you are a … [Read more...] about Selling Your Mexican Property These Are Some of the Documents Required
Mexico Real Estate Purchase Real Life Example
"Amazing, the closings on real estate that I normally purchase last about 4 hours....this one in Mexico only took 40 minutes!" - A Client from Lloyd`s Real Estate who purchased a Condo in Playa del Carmen, Mexico There are various activites realized in a Mexico Real Estate Closing process (see definition of … [Read more...] about Mexico Real Estate Purchase Real Life Example
How to Buy Mexico Real Estate: The Purchasing Process
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
Mexico Real Estate Closing: Do I Pay the Seller With a Certified Check or With a Bank Draft
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
Mexico Capital Gains Tax
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
What are Estimated Mexico Closing Costs
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