There are many considerations when purchasing a home in Mexico that may be new territory for you.
Article 27 of the Mexican Constitution forbids foreign ownership of property within a restricted zone, which includes Puerto Morelos. But no worries - there is still a way for foreigners to purchase property in this area that is completely legal and secure.
It's important to work with knowledgeable professionals to guide you through the process. I'm happy to sit down with you and explain the ins and outs of buying a home in Mexico.
Just as there may be new concepts when purchasing real estate in Mexico, there may be new things to consider when you sell your home.
One of the biggest considerations is the Impuesto sobre la renta (ISR), which is an income tax similar to a capital gains tax. You'll want to know where you stand with your tax liability before you list your property. Many agents in this market do not consider the client's tax liability until after they have an offer on the table. Big mistake.
When you're ready to sell, let's sit down and discuss the best selling strategy to get you the best possible return on your investment.
During my time helping clients purchase homes in Puerto Morelos, I have found that a big part of what I can do for them is to help them get settled.
Things work a little differently here and it takes a helping hand to learn the "where and how" of things. I'm always happy to answer my clients' questions, both before and after the closing. I set my clients up with all the info they need to ensure that home ownership in Mexico is stress-free.
I have been fortunate enough to be able to call many of my clients friends, and I look forward to working with you in the same manner.
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