A modern Mexican village home in Ajijic on the North Shore of Lake Chapala © Sergio Wheeler, 2011

Capital gains tax on Mexico real estate: Impuesto sobre la renta

In Mexico, the Capital Gains Tax (CGT) is the Impuesto Sobre la Renta (ISR), which is paid by the seller of the property. It translates to a tax upon rent, profit, yield or income and in other financial circles it is called an income tax. When selling Mexico real estate, the seller must first be established as the […]

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Will mold be a problem in Mexican real estate?

When you rent or purchase Mexico real estate, you’ll find that construction techniques as well as climate are probably very different from what you are accustomed to. Will you struggle with mold in your Mexican home? Perhaps. While some molds like penicillin, huitlacoche and penicillium — which transforms sheep’s milk into roquefort cheese — can […]

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