I have edited and updated a few article to include new tax laws and closing costs for the Yucatan Real Estate region. These updates will compliment my article I posted last 14th of June. To see this post please click here (Yucatan Real Estate Capital Gains Tax). The updates for 2010 include a capital gains tax … [Read more...] about A Few Updates on Yucatan Real Estate Taxes
Mexico Real Estate Taxes
Taxes and the Mexico Real Estate markets Part I
 Linda Neil is one of our Top Brokers who has just written another informative piece regarding Mexico Real Estate issues such as taxes as seen below in her article called "Tax Obligations for foreigners in Mexico Death and Taxes...both are inevitable". Linda has been working in the La Paz real estate industry … [Read more...] about Taxes and the Mexico Real Estate markets Part I
Mexico Real Estate Closing Costs, How to Avoid Unpleasant Surprises
Mexican law says that Mexico real estate taxes must be paid on the higher of the following: purchase price OR appraised value Since many appraisals in the La Paz real estate market are lower than the actual selling price your taxes will be condisderably lower if the appraisal value is declared Payment on this basis has … [Read more...] about Mexico Real Estate Closing Costs, How to Avoid Unpleasant Surprises
Rule of Thumb on Capital Gains Taxes on the Sale of Mexico Real Estate
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
What is a Mexico Notary Public and What Are Its Roles
A Mexico notary public is an attorney that specializes in real property law and is specifically licensed by the state to legally transfer Mexico real estate property from one party to another. In my previous post in our Mexico #1 property blog, I talked about the how to buy real estate in Yucatan One of the most … [Read more...] about What is a Mexico Notary Public and What Are Its Roles
A Mexico Real Estate Investment Question Regarding Preconstruction Condos
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
How Secure Is Your Mexico Real Estate Investment
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