Save 50-70% in Tulum: stay in Centro not Hotel Zone, use colectivos (5-10 pesos), eat at Palma Central food trucks. Avoid the gringo tax.
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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.