Important Information for Tourists and Expats Departing Mexico

Posted by Mexlaw

Planning to leave Mexico soon? Whether you're wrapping up a memorable vacation, concluding your stay as an expat, or traveling back to your country during your residency process, it's crucial to be well prepared to avoid last minute surprises. Departing from Mexico involves more than just packing your bags, there are important procedures, documents, and customs regulations to consider....

20 September

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Concubinato (Common Law Marriage) in Mexico in 2024: What You Need to Know

Posted by Mexlaw

in Legal Services, MexLaw

In Mexico, many couples live together as partners without the formalities of legal or religious marriage. This lifestyle choice may work perfectly for your day-to-day life, but when significant events such as asset accumulation, separation, or even the death of a partner occur, the legal status of your relationship takes on new importance. If you’re in a common law relationship, known in Mexico as concubinato, it’s crucial to understand how to protect yourself and your partner under the law....

20 September

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Becoming a Naturalized Mexican Through Marriage

Posted by Mexlaw

in Immigration, MexLaw

As a foreigner married to a Mexican citizen, you can apply and receive your temporary residency right away by providing proof of the marriage and proof that your Mexican spouse can financially support you here in Mexico. The married foreigner will receive one year of temporary residency; the residency will be renewed for a second year. Upon renewal, in the third year, you may apply for either permanent residency which never expires, or you may wish to apply for Mexican citizenship....

03 September

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Who Will Inherit Your Property in Mexico?

Posted by Mexlaw

in Legal Services, Mexican Will, MexLaw

Many foreigners invest in real estate in Mexico to benefit from the high returns on investment that this market offers, to enjoy their leisure time here by owning vacation property, to retire, or a combination of all of the above. Ironically, few foreigners give any thought to what will occur to their property in the event of death. The purpose of this article is to provide some insights on how Mexican Law will deal with property owned by foreigners upon death and, hopefully, will provide foreigners with some suggestions on how to deal with this situation....

01 May

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Are you planning selling your Mexican property? Don’t forget to consider your capital gains tax

Posted by Mexlaw

in Corporation, Legal Services, MexLaw, Real Estate

Last Update: May 1, 2024

Whether you are a Mexican national, a Mexican resident or a foreigner, if you are selling your property in Mexico, you may be liable to pay a capital gains tax.There are ways to reduce or claim exemption from capital gains. Before you complete the sale of your property, you should seek the advice of an accountant in Mexico. The assessment of capital gains tax in Mexico can be complicated and changes over the years.