Property Ownership

Buying Real Estate In Mexico

Mexico is an exciting place to live for those who are retiring, for those who are working from home on a computer link with their company, for those who are looking for a vacation home or an outstanding investment... above all, for those who dream of a better quality of life!

Home... the word represents security and comfort for the majority. All too often the word, when used in conjunction with a purchase of property in Mexico creates stress, worry and, at times has been associated with financial loss. This needn't be the case. Procedures in searching titles and transferring property are similar to those of the United States and Canada. The buyer of a house, condominium or lot in Mexico must ask the same questions, and should receive answers similar to those received when buying a property elsewhere. Read more about buying real estate in Mexico.

Selling Real Estate In Mexico

How to decide who should represent your interests in selling your Mexican Real estate.

When it comes to selling your home or lot in Baja, the most critical first decision you can make is in deciding which agency and agent you will list your property with. Trust and confidence is crucial in this decision so your financial interests will be properly represented with possibly your most valuable assets.

We believe a good agent and agency will open all avenues possible to sell your property, cooperating with other agents and agencies to find the right buyer for your property. Equally important we think the right agent will be knowledgeable and professional to prepare your property and paperwork, so when the right buyer is located nothing will stand in the way of a smooth closing process. Contracting and handling offers, in a fashion that creates a secure environment for all involved in the transaction. This is what a professional listing agent does and this is why they sell and close many real estate transactions, while maintaining a good reputation with happy clients. Read more about selling real estate in Mexico.

Taxes In Mexico

The Mexican tax system has been subject to comprehensive tax reform legislation enacted principally in 1986 and 1988. Although this tax law is subject to change we have supplied this information to better help our customers understand the basic tax laws with the emphasis on your real estate purchases and sales. Taxes are always to be considered in your real estate transactions and this is even truer when as a foreigner it is possible that two countries may claim tax jurisdiction over you and your property. Various taxes and procedures with regards to your transactions are calculated somewhat different here in Mexico, with the key points being; can you be claimed as a tax resident? When is a property subject to tax? And knowing exactly what taxes you can be subject too. As always Diamante Associates feels it is very important to always consult with a local tax consultant or Notario for up to date information. Read more about taxes in Mexico