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MEXLAW > Blog (Page 3)

Top 8 Reasons to Live in Puerto Vallarta

The weather Shake the winter blues and get some sunshine. The Pacific coast of Mexico offers warm weather year round. The Pacific Ocean The ocean is known to revitalize your body, mind, and soul. Put your feet in the sand and let the sea take your worries away. The low cost of living Possibly one of the top reasons people are moving to Mexico is to achieve a lower cost of living. If living in the US or Canada is causing a financial strain, give yourself a financial break come and live in paradise. Everything from real estate to beer is less expensive in...

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Advice From the Accountants at MexTax About Capital Gains

Real estate transactions in Mexico typically involve a profit for the seller, and on that profit, the seller is expected to pay capital gains tax. The tax is classified as ISR (Impuesto Sobre la Renta) and applies as an income tax. Whether you are a foreigner or Mexican national, you will be subject to this tax. However, an experienced Mexican accountant can assess your situation and find the best way to reduce or avoid the capital gains tax. Before you complete the sale of your property, you are advised to seek the advice of an accountant in Mexico. The assessment...

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Generate Income From Seller Financing

Most people would agree that selling your home is one of the most stressful events in one's life. It is time consuming, emotional, and a lot of work with repairs and touch-ups. Also, the endless housekeeping to make sure it is presentable for viewing at all times and leaving the property each time a realtor calls. It feels as though your life is literally on hold, just waiting for the big sale so you can walk away and begin a new chapter in your life. It is no wonder most of us just want it over and done with it....

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Good News for Frequent Travelers with Pets

Many expats living in Mexico are frequent flyers with their pets and have concerns regarding over-vaccinating them for travel, but now Mexico has established a Frequent Traveler Pet Program. To register for the program apply through SENASICA Servicio Nacional de Sanidad, Inocuidad Calidad Agroalimentaria; they require a health certificate issued by a SENASICA-authorized veterinarian, current rabies vaccine, and treatment against internal and external parasites (within the last six months). Once your pet is registered in this program, Senasica will issue an official entry document for each pet which will contain pertinent data about you and your pet, plus vaccination records and...

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Relocating Your Pets to Mexico

As you are making arrangements for your move to Mexico, do not forget your pets!  For many people, the dogs and cats are part of the family and when the family is relocating to Mexico so are the pets. Dogs and cats are welcome in Mexico, and no quarantine is required. Other animals may need special permission; follow the link below. To ensure you have a stress-free and safe trip, consider these points when flying with your pet: the proper documents for your destination, airline breed restrictions, crate size, heat embargos, the pet's weight and size, and the duration of the...

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