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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.

Mexico’s Construction Sector Poised for Resurgence in 2024: Opportunities and Investments in Premium Real Estate Soar

In 2023, formal housing construction witnessed a notable slowdown, marked by significant minimal figures. The industry grappled with several challenges, including escalating construction and financing costs due to high interest rates, alongside regulatory hurdles and dwindling sales due to diminished purchasing power....

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What is a General Assembly of Condominium Owners?

The law establishes the General Assembly of Condominium Owners as the supreme administrative body that will govern the organization and social functioning of the Condominium Property Regime. A General Assembly is necessary for a condominium to carry out its administration responsibilities and to generate a healthy coexistence among the owners through orderly and regulated voting.  The General Assembly must be governed by a public deed that stipulates the organization and administration of the condominium, in addition to designating a person in charge of carrying out these tasks. These are normally carried out in either ordinary or extraordinary assemblies.  Ordinary assemblies must be...

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