Archive for May 2017

Capital Gains Taxes (ISR) on Mexican Properties

Capital Gains Tax ISR

Oct. 22, 2015 UPDATE On October 18, the Mexican Congress amended the tax law for 2016.    Under the new rules, our primary residence will be exempt from capital gains after living in the home for just 3 years, instead of the current law’s every 5 years. Soda pop manufacturers got a boost with 50% reductions…

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AMPI Appoints New Puerto Vallarta Associate Member/Broker

May 16, 2017, Puerto Vallarta, Jalisco, Mexico – AMPI ( today appointed Ryan Donner as an Associate Member of their Vallarta Nayarit Chapter. Ryan continues his work as an AMPI member with Coldwell Banker La Costa Realty, where he represents buyers and sellers of residential, commercial, and development properties. Ryan has been with Coldwell Banker…

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Airbnb and CDMX Sign Occupancy Tax Accord

Airbnb CDMX Tax Accord

Travelers who book accommodation through Airbnb will begin paying a 3% occupancy tax in Mexico City June 1. The city signed an agreement Wednesday with the online accommodation booking service, which will collect the tax and remit it to the city government. The agreement responds to concerns by the hotel industry about an unregulated and…

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