Property ownership in Mexico just got cheaper!
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Property ownership in Mexico just got cheaper!
I called to verify this as it sounded too good to be true.
All foreign purchasers of real estate in Mexico need a permit (convenio Art 27) from the SRE. Prior to this year the Mexican government charged $5,150 pesos per person per property (per acquisition). The fee this year is zero. For a married couple purchasing that is a savings of $10,300 pesos!
Notarios and other will still charge to apply in Guadalajara as they need to fill out forms and drop off and pick up the papers.
All foreign purchasers of real estate in Mexico need a permit (convenio Art 27) from the SRE. Prior to this year the Mexican government charged $5,150 pesos per person per property (per acquisition). The fee this year is zero. For a married couple purchasing that is a savings of $10,300 pesos!
Notarios and other will still charge to apply in Guadalajara as they need to fill out forms and drop off and pick up the papers.
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