It is important that you know that each property generates its own taxes and there are several factors that determine this. Our recommendation is that you consult with a Notary before purchase to anticipate this and avoid bad surprises. A professional agent can help you find a way to reduce these expenses.
Yes, you can issue an invoice and enter a tax deduction for you as a seller.
No, our property search service has no cost.
The cost of our fees is 8% of the total sale price and in the case of rent is 20% month’s rent that your property is rented.
A foreign buyer is recommended to consult an experienced real estate agent, as well as a lawyer. Especially for ownership of property within restricted areas. These restricted areas are within 100 kilometers from the international frontiers or 50 kilometers from any coast.
A trust is one sure way to be a holder. This method allows foreign ownership via a Mexican trust and gives all property rights to the Buyer.
The Bank acts as the property’s “administrator” and the buyer is the trust’s “beneficiary.” Trust is not the Bank’s asset. The bank simply sticks to confidence.
The Mexican bank or “Trustee” shall have instructions from the trust beneficiary
The beneficiary is entitled to use, rent, occupy, lease and the right to improve. The beneficiary may also sell the property, or bequeath it. The fund’s initial term is 50 years, the trust can be renewed for a further period of 50 years