Clear & concise

Guides

How buying property in Mexico works, step by step, plus 196 articles on costs, tax, rentals and life in the Riviera Maya.

The buying process in 4 steps

Buying in Mexico is different from the US and Canada. Read these in order before you make an offer.

1Step 1IntroductionEach country has their own rules for buying Real Estate and when you first buy in Mexico it can seem confusing! If you…Read step 1 →
2Step 2Fideicomiso or CorporationA Fideicomiso gives a foreign buyer all the property rights and privileges of a citizen, with the additional advantage…Read step 2 →
3Step 3Buying ProcessWhen making your initial offer, this should be done using a written Offer to Purchase contract, ensuring no confusion…Read step 3 →
4Step 4Closing and Title TransferAt this point, both parties should be able to execute the purchase/sales agreement (compra-venta), start the closing…Read step 4 →

Articles

Tax & Residency

Mexican taxes, US & Canadian reporting, visas and residency.

Tax & Residency

US Tax Considerations for Americans Buying Property in Mexico

Buying a home in Mexico doesn't, by itself, create a new US tax obligation. But once that property starts generating rental income, or once you look closely at how it's actually held, a few genuinely important reporting rules come into play — and getting them wrong is more about paperwork than money owed. Owning the Property: No Special Filing Just for That Simply owning Mexican real estate in your own name does not require you to file anything extra with the IRS. Direct ownership of foreign...

Aug 28 · 3 min read