PDC transport: Colectivos 10-20 pesos in town, 50 pesos to Tulum. Taxis 50-100 pesos city trips. Only InDrive available (Uber/Didi not available in PDC).
Tips & Guides
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Colectivos: cheapest PDC transport. Catch on Av 30 (local) or Main Terminal (long-distance). Wave to flag down, check windshield, pay pesos. Every 15-20 min.
Isla Mujeres real estate: $150K-500K homes, $400K-1.5M+ beachfront. Foreigners use fideicomiso trust. Steady appreciation, strong rental demand, limited land.
Capital Gains Tax on Mexican Real Estate: Exemptions, Deductions, and Currency Considerations
Tips & GuidesMexico capital gains tax: 1.92-35% on net profit (not sale price). Primary residence exemption ~5M pesos. Residents pay 40-60% less than non-residents. Deduct improvements, fees.
Sell property in Mexico: hire agent (5-10% commission), use notario for legal process, get certified translations. No MLS or agent licensing exists.
Mexico rental income is taxed at flat 25%, no deductions. Must register with SAT, issue CFDIs monthly. Tourists cannot legally be landlords—need residency.
Buy Mexico property: need fideicomiso (bank trust) near coast, use notario, never pay contractors >10-15% upfront. Rent first to learn areas.
Termination Pay in Mexico: Understanding Severance, Seniority Bonuses, and Employee Rights
Tips & GuidesMexico termination pay: 3 months salary + 20 days per year worked + prorated vacation and aguinaldo. 15+ year employees get seniority premium.
Mexican employment contracts: Must include dates, pay, hours, duties. Workers under supervision = employees regardless of contract. Cannot waive statutory rights.
Mexican employers must provide: IMSS healthcare, INFONAVIT, pension, aguinaldo (15+ days Dec salary), vacation—all from day one. Cost: ~30% above salary.
Hospitalization in Mexico: What Expats Need to Know About Costs, Rights, and Procedures
Tips & GuidesMexican hospitals require upfront payment—expect $5,000-20,000+ credit card holds. Pay first, reimburse later. Medical evacuation costs $10,000+.
Mexico expat emergency prep: Create info document (meds, contacts, address), use INSABI free healthcare, avoid calling ambulance for natural death (causes delays).
Mexico private health insurance: $1-5K USD/year. Enroll before 65 while healthy—guaranteed renewable for life. COVID, evacuation, dependents covered.
IMSS: ~21,500 pesos/year ($1,200). Graduated coverage: minimal Year 1, full Year 3+. Temp/Perm residents eligible. Employed auto-enrolled; self-employed voluntary.
INSABI: Free healthcare for anyone with a CURP in Mexico. No fees, no age limits, no pre-existing exclusions. Covers ER, labs, hospitalization, surgery.