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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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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.