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Expats and Capital Gains Tax on Mexican Real Estate

Who is Considered a Taxable Resident? When we talk about taxes in Mexico, it is important to know if you fall under the category “Taxable Resident,” According to the Mexican Tax Code a foreigner is considered a Mexican Tax resident if: You have established a place of residence in Mexico; If you also own a home in Mexico and another country, you will be considered a tax resident of Mexico if your center of vital interests are in Mexico; or more than 50 percent of your total income is derived from Mexican sources; and your primary professional activities are carried out in...

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The Roles of The Notario Publico and The Lawyer in Mexican Real Estate

Canadian or American notary public is a public officer who is licensed to serve the public in non-contentious affairs and whose principal duties are to witness and authenticate certain documents, also known as notarization. A Notary may take testimony, affidavits, administer oaths, deal with matters concerning estates and perform other official acts depending on the jurisdiction. The term of notary public refers to common-law notaries. The Difference between a Notary Public and a Notario Publico in Mexico is that the Notary in Mexico is an experienced lawyer who has been selected and appointed by the Mexican state after practicing law, completing...

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Top 5 Considerations When Buying Real Estate in Mexico

Buying a new home is a major decision it is both an exciting and a stressful experience, these are 5 points you need to investigate before you buy. Consider The Resale Value Do not fall in love with a property before you do your homework regarding its potential resale value. Some experts say you need to think like a seller, not a buyer. Check out the market trends in the neighborhood, what developments or changes are planned for the area? The reputation of a community will affect the resale value of a home, Investigate the crime in the area, and traffic...

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Why You Should Invest in Tulum Real Estate Now

Tulum real estate is getting worldwide attention as a safe, attractive investment opportunity. It was named as #1 destination on the rise for 2016 by TripAdvisor and recognized as one of the top beaches in the world. Investopedia lists Tulum as one of the six best places in the world to buy a winter home. Tulum is a small beach town about 90 minutes South of Cancun and just 45 minutes from Playa del Carmen. Tulum is reminiscent of the way Playa del Carmen was just 15 years ago; Playa was a small fishing village which has quickly grown into an...

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WEBINAR – Discover how easy and safe it is to buy real estate in Mexico, using the proper methods!

  Charles Tibshirani, MEXLAW Founder, CEO and Thomas Lloyd, TOP MX REAL ESTATE Founder and President, shared a free webinar to help foreigners discover how easy and safe it is to buy Real Estate in Mexico. Click on the link to acces the webinar: http://www.topmexicorealestate.com/events/webinar/may-16.php   ...

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