Homes for sale
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 … [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?
When looking to purchase a home abroad, or anywhere really, it is important to have your financing options clear. Mortgages are one of the most common means of financing a property, but shopping for one isn’t always so easy. There are many things to take into consideration when looking at mortgage options such as … [Read more...] about Shopping for Mortgage to Finance a Home in Mexico
Foreign Buyer Tips: Financing a Retirement Home in Mexico is a guest contribution from real estate expert Anthony Gilbert. Foreign homeowners may have dreams of a retirement home in warm and exotic locations like Mexico. And there’s plenty of reasons. A residence in Mexico is often cheaper to buy and maintain than … [Read more...] about Foreign Buyer Tips: Financing a Retirement Home in Mexico
Americans do in excess of 63,000 searches per month for properties in Mexico. This is because Mexico is the top location for Americans to purchase property in to retire. Locations such as Cancun and Puerto Vallarta are some of their favorite spots to settle down and enjoy those golden years. However, purchasing … [Read more...] about How to Raise Finance for a Property in Mexico as an American Citizen
