Purchasing real estate in Mexico is a little more costly than the USA. The various closing costs and fees are high. The Settlement Company has a calulator on their website which will help you calculate a projection of your estimated closing costs. See how much they will be HERE
Buyer and selling real property be it your home or a rental or business property does have significant US tax income tax and reporting consequences as well as Mexican tax ramifications. If you wish to learn mroe please contact Don D. Nelson, International Tax Attorney at ddnelson@gmail.com. His US number is 949-480-1235 and his Mexico number is 52-624-131-5228. Planning for costs, taxes and legal matters ahead of your purchase or sale can save you money.
Buyer and selling real property be it your home or a rental or business property does have significant US tax income tax and reporting consequences as well as Mexican tax ramifications. If you wish to learn mroe please contact Don D. Nelson, International Tax Attorney at ddnelson@gmail.com. His US number is 949-480-1235 and his Mexico number is 52-624-131-5228. Planning for costs, taxes and legal matters ahead of your purchase or sale can save you money.
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