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Unlocking Your Rights: Key Legal Responsibilities for Condo Owners in Mexico

Condo ownership in Mexico operates under a framework known as the "condominium regime" or "condominio." Under this structure, individual units are privately owned, while common areas such as pools, gyms, and parking lots are shared among all unit owners. This arrangement is governed by the Mexican Constitution, Civil Code, and specific state laws....

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Navigating Changes in Canadian Document Authentication Services

For Canadians engaging in business abroad, particularly in countries like Mexico, where precise documentation is paramount, understanding recent changes to document authentication services in Canada is essential. Effective January 11, 2024, significant changes have occurred in how you request your document authentication....

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Timeshares: If it sounds too good to be true…

Maybe you met the incredibly persuasive timeshare salespeople at the airport when you landed in Cancun. Or, perhaps you signed up for the timeshare talk just to get some free drinks or an excursion. Whatever the circumstances, during your meeting with the incredibly friendly and outgoing timeshare salesperson, you looked out over the incredible resort with the blue skies overhead and the turquoise Caribbean lapping at white sands, and just knew, you want this opportunity! ...

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

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.