Video Q&A: How to Save Big on Capital Gains Taxes in Mexico…and Much More

Have you ever wondered how much capital gains taxes are in Mexico…and what strategies you can use to save big on them…

Or what a fideicomiso is and why you must have one to own property in many places in Mexico…

In the video below, you’ll get the answers to these questions and many more.

Two members of my team just returned from the city of Playa del Carmen on the Riviera Maya, Mexico’s Caribbean coast. While there, they met with the attorney I and many members of my Real Estate Trend Alert group use to buy real estate in Mexico, Ivan Castillo, and he agreed to answer questions from Overseas Dream Home readers in a special video Q&A. Click below to check it out…

In this video Q&A, the attorney I use in Mexico, Ivan Castillo, answers your questions on buying and owning real estate there. Click to view.

Last week, I put the call out for questions here in Your Overseas Dream Home. And we got some excellent and insightful ones.

For instance, an important question came from Patricia, who wanted to know about the best way to sell a property in Mexico…

While answering this question in the Q&A, Ivan also shared how capital gains taxes work in Mexico and some strategies that you could use to minimize them.

This is incredibly valuable information. I know members of my RETA group are sitting on uplifts like $234,900, $250,000, and $309,018 from our past deals in Los Cabos and the Riviera Maya. (More details on those below.) So, this information on capital gains taxes could save you thousands or even tens of thousands of dollars if you want to sell…

Want to know how you can reduce the capital gains taxes you might owe on a real estate sale in Mexico? Ivan shares some strategies in the video Q&A.

Donald asked another important question: What is a fideicomiso?

Many people may not know that you need one of these legal trusts to buy real estate in certain parts of Mexico, including anywhere within 50 kilometers (31 miles) of the coast.

Jorge had an excellent related question. He asked if you buy two homes, should you use a different fideicomiso for each one or should you use the same for both?

Ivan answers both these questions in his special video Q&A here…and also tells you a whole lot more besides, including how much a fideicomiso costs each year.

Ivan explains how a fideicomiso works and how much it costs in the video Q&A.

Also in the Q&A, Ivan also addresses a key point…the difference between physical and legal delivery.

There’s a very important difference between these two forms of delivery that every buyer must understand. Physical delivery is the moment when you get the keys in your hand and take possession of the property. Legal delivery is when you receive the title for the property.

In this video, Ivan goes into far more detail…and explains the protections you should absolutely use until you take legal delivery of your property.

In this section of the video, Ivan explains a strategy you should use to protect yourself until you receive legal delivery. Click to view..

All this and more is in the special Q&A video. Click here to view.

Ronan

Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert

P.S. Do you have a question about buying or owning in Mexico? Maybe a follow-up question on one of the above? Let us know here. You can also reach Ivan and his team at Title Solutions Mexico at attorney@titlesolutions.com.mx.

RETA members also have ongoing access to my rolodex of contacts, including attorneys that I and other members have used in destinations around the world. (RETA members can access this here. Not a RETA member? Click here to join.)

P.P.S. At RETA, we’ve had a run of killer, members-only deals in Los Cabos and the Riviera Maya. To give you a brief sample…

  • A $309,018 uplift on Mexico’s Caribbean coast—In 2021, RETA members had the chance to buy two-bed condos from $265,304 in a community called Singular Dream in the city of Playa del Carmen. In early 2024, a two-bed condo in Singular Dream was listing for $574,322—a $309,018 uplift.
  • $234,900 Uplift in Tulum—In 2019, I brought RETA members a deal in the chic beach destination of Tulum, also along Mexico’s Caribbean coast. Members could own two-bed condos in a community called Gran Tulum from just $175,000. The last time I talked to the developer, they said two-bed condos there were listing at retail for $409,900.
  • $250,000 More—In August 2021, RETA members could get a penthouse in Los Cabos, in a community called Cabo Costa for $249,000. I got one. Today a penthouse in Cabo Costa lists for $499,000.

Your Daily Dream Home

Toyono, Osaka, Japan

$120,900

This single-family home in Shin-Kofukudai, Toyono Town, was renovated in August 2023 with a newly painted exterior. It features an open atmosphere with a high atrium above the entrance. The house is located in an exclusive low-rise residential area surrounded by other individual homes. The neighborhood benefits from numerous parks and green spaces nearby.

Click here to find out more

Remember, we don’t make money from any listing shared here in the Your Daily Dream Home section. We have no dog in the fight. We’re just sharing cool properties we’ve found.

I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.

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Transparency is important to us. So you should know that properties and development projects detailed in Your Overseas Dream Home may be clients of Pangaea Ltd, trading as Pangea, a real estate advertising company whose adverts appear in International Living Publishing Ltd publications. Should you purchase a property from one of the real estate developers, real estate agents or property owners you read about, Pangea may receive an advertising fee from those real estate developers, real estate agents or property owners mentioned and International Living Publishing Ltd., along with certain marketing companies who contract directly with Pangea, may receive a portion of that fee.

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