 Capital Gains Tax (ISR)
This is a subject that everyone wants to know about and everyone wants to find a way to legally avoid. In an effort to keep you up to date, the following is the “cliff note” version of what you need to understand. In 2007 the Mexican government modified the rules pertaining to the exemption of income tax obtained in the sale of primary residences. The reason they did this was principally to close loops holes that allowed the upper class to avoid paying taxes on any homes they owned.
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 Best place to Retire?
During the past 15 years, International Living magazine has calculated its Annual Global Retirement Index; a resource intended to assist retirees and future retirees in evaluating and comparing the world’s most popular retirement destinations.
It is based on a number of criteria, giving various weights to each, depending on its importance to retirees.
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 15 good reasons to buy real estate in Puerto Vallarta
While Los Cabos and Cancun seem to always be in the news as appealing Mexican destinations, Puerto Vallarta has been keeping a low profile in the background. And while the spotlight's on them, it is actually Puerto Vallarta that has created this country's largest resort real estate market — more Americans own homes in “PV” than in the other two cities combined! |
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 A.M.I.P.
Currently in Mexico there is no licensing required for real estate sales professionals. In order to assure that realtors are performing in a professional and ethical manner, the Mexican real estate association, A.M.P.I., (Asociación Mexicana de Profesionales Inmobiliarios), has taken on this responsibility on behalf of buyers, sellers and the general public. |
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 Owning Property in Puerto Vallarta
It is a common misconception that foreigners cannot own Real Estate in Mexico , but the reality is that they can. Outside the Restricted Zone, defined below, a foreigner or foreign corporation can acquire any type of Real Estate, holding the property as a direct owner complying with Mexican law. |
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