Every year, millions of tourists visit Mexico’s beaches, mountains, deserts, and cities. They fall in love with the culture, the people, and the food. Many of them decide they would like to obtain residency and live either full or part-time in Mexico. ...
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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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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.
If you have ever attempted to call a Mexican consulate for information or to schedule an appointment, you know how frustrating it can be. Typically, you are not able to speak to a human being; you may receive a constant busy signal or a message stating they will not answer questions over the phone. However, did you know some consulates allow you to register and request an appointment online? Continue reading to find out how. To apply for a residency in Mexico, either temporary or permanent, you need to request an appointment at a Mexican consulate. To do so, you are...
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When it comes to conducting business in Mexico as a foreigner, meticulous attention to legal and tax considerations is paramount. The appropriateness of establishing a Mexican company hinges on various factors such as the business type, its structure, and financing requirements. ...
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