Help with taxes over the property.

Help with taxes over the property.

Property taxes in Mexico, the "Predial", are almost insignificant when compared to Real Estate taxes in other countries.

If you want more information about this tax and many other taxes in Mexico, please send us an email or give us a call and we can direct you with a professional in taxes.

Do not hesitate doing a research bout taxes you will pay for live in Mexico, the I.V.A. the unfamous "tenencia" and many others.

Geting all the information you need about taxes will help you to know all of your duties.
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What are the taxes for own a property in Mexico?

The "Predial"
Property taxes in Mexico, the "Predial", are almost insignificant when compared to Real Estate taxes in other countries. The yearly tax on property in Mexico comes to about 0.1% of the total value of the property, although the actual amount varies by state. Therefore, a $150,000 USD home would have an annual property tax of about $150!

Although they tend to be extremely reasonable compared to other countries, be sure to check on monthly maintenance fees charged by your condominium complex for upkeep.