Homes for sale
Over the past decade, the Riviera Maya has garnered quite a lot of international attention. Each year, hundreds of foreigners pack up their belongings and relocate to the region. Whether it is for a short season or for life. In fact, INEGI reported last year that almost 2 million foreigners call Mexico home. And … [Read more...] about Reasons Why the Riviera Maya is an Important Destination for Investors
When visiting Mexico’s Riviera Maya, whether it’s for a quick getaway, vacation or lengthy stay, there are a variety of resources to look for accommodation. Mexico’s Secretary of Tourism, Marisol Venegas, wants to make some positive changes. One of the more popular engines for finding accommodation is Airbnb. The … [Read more...] about Mexico’s Secretary of Tourism Proposes Positive Changes for Vacation Rentals
It is a common thing for people to invest in a property as a vacation home or potential rental. In fact, the latter has become increasingly popular amongst many generations. There is no reason why a first-time buyer can’t benefit from a small rental property investment. If there is ever a time to get in on investing in … [Read more...] about How to Start Investing in Real Estate
Tax options when selling your home in Mexico are very similar to the United States and Canada. The government requires you to pay taxes on any capital gains made when selling a property in Mexico. There are two tax options when you sell your home: After itemizing any allowable deductions, you will forfeit 35% of … [Read more...] about Capital Gains Tax Options When Selling Your Home in Mexico
Any homeowner in Mexico can tell you that paying bills can be confusing. These tasks can be daunting and sometimes confusing, especially when it comes to basic utilities. Bills for water, gas and electricity (known as CFE in Mexico) are often changing. If you own a home in Mexico that you also live in primarily, you … [Read more...] about Understanding Your Electricity Bill (CFE) in Mexico
If you are planning to make Mexico your primary or second home, it is a good idea to have a Mexican bank account. Physically transporting larger sums of money back and forth between countries isn’t always the smartest way to secure financial needs. Then keeping it tucked away at home can create mishaps like not having … [Read more...] about How to Open a Mexican Bank Account
Things can get tricky if you are new to Mexico and plan on living and working here. As foreigners, you need to know what rules to follow, especially when it comes to taxes. Expats living and investing in Mexico will be responsible for paying tax for any property they own. Also, if you earn an income from renting your … [Read more...] about Taxes for Expats in Mexico
Many Americans and Canadians considering retiring or investing south of the border often wonder whether there are any actual advantages to property taxes in Mexico. What are they like and are there any actual benefits to putting my hard-earned money there? Before getting into that you need to answer three … [Read more...] about What Are Property Taxes Like in Mexico?
