When it comes to buying a vehicle in the Riviera Maya, there's plenty of advice out there. However, it's important to tread carefully. Stories abound about tourists buying cars or registering vehicles in ways that may not be secure, potentially putting your…
Hey there, good news for folks in Quintana Roo renewing their driver's licenses! No more stressing about taking a test. The Mobility Institute of Quintana Roo (Imoveqroo) just made life easier.
So, if your license is expired or about to be, no…
Today we’re going to talk about the Mexican Anti-Money Laundering Law.
The President of Mexico sent the bill of the Federal Law for Prevention and Identification of Transactions Involving Funds from Illegal Activities and used to Finance Terrorism (Mexican Anti Money Laundering…
A very important topic for us is the Condominium By-Laws in Mexico. This is how a condominium legally works and what are the rights and obligations of owners.
Governing rules
The condominium regime is a document granted before a notary public in…
When purchasing property, there are some added costs during closing that you should consider. One of them is the acquisition tax or transfer tax. This is, in Spanish, “Impuesto Sobre Adquisiciones de Bienes Inmuebles”
This tax went from 2% to 3% as…
The General Assembly of Condominium Owners, often referred to simply as the "General Assembly," is a fundamental component of condominium living, playing a pivotal role in the governance and decision-making processes within a condominium community.
What is a General Assembly of…
If you've lived in Mexico for a little while and have been trying to get an official invoice, then you have probably stumbled upon the terms persona fisica or persona moral.
Moving to a new country presents a tapestry of challenges, and…
Whether you buy or sell any type of property, it is necessary that you have a CFDI of the transaction.
What Is A CFDI?
CFDI stands for “Digital Tax Receipt on the Internet”, which is the same as saying electronic invoice.
As…
Today we’re here to talk about the closing taxes and other costs and expenses you should take in consideration when buying or selling property in Mexico.
Whether it is land, an apartment, or a house, you can get great value for money…