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Faldas de la Alcazaba Condominium Resort in Los Cabos, Mexico |
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 HOTEL Development For Sale !!
Faldas de Alcazaba is a fabulous hotel development done inside the master plan of Fonatur in San Jose ideally located close to everything, consists of 119 spacious luxury condominiums completely equipped in 12 buildings plus a fully approved license for building 20 more units. A new concept in Resort Living The “Village” is a unique and exclusive residential community featuring spacious 1, 2 and 3 BR Units in an “OLD WORLD” high ceilings, cobble stone throughout, 6 commercial locals, restaurant, palapas, swim up bar, recreation area, fitness center, gardens, fountains and a monumental oasis pool giving you a setting with exceptional Views! Tranquil, beautiful, and full of charm.
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RE/MAX Los Cabos has moved to a new facility! New address and contact info is here.
RE/MAX Los Cabos, Km 29, Costa Azul, San Jose del Cabo, Baja California Sur, Mexico
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 | RE/MAX Los Cabos is honored to have been named the Exclusive Agents for a new Phase of Peninsula Condominiums !
Click for details... Available Units:
Villa IV: 101 (model) Villa II: 101,102, 201, 202, 301, & 302 Villa III: pre-construction 18 units available 6 penthouses with ocean view! |
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Home  Real Estate Articles Capital Gains Tax in Mexico
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Capital Gains Tax in Mexico |
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By law, foreigners are required to pay a “Mexican Capital Gains Tax,” at the time they transfer their rights to their “Fideicomiso.” Normally this “Mexican Capital Gains Tax” is withheld from the proceeds of your sale. The “Capital Gains Tax” is based on 25% of the sales price or 28% of the gain. An example: If the value, which shows on the Fideicomiso, was $40,000.00 and seller is transferring title at a sales price of $150,000.00 the gain at 25% of sales price would be $30,000.00.
Your tax liability at 28% of gain, would be $44,000.00. Using the 28% method you can deduct the cost of all improvements, and commission for selling the property, if you have the proper facturas, a specific type of Mexican receipt. If your property has been improved and you have “facturas” for all of your cost of improvements, you could ask that the property to be re-appraised. This could bring the registered value closer to the selling price, which could decrease your capital gains tax. Definition of "Factura"
A Factura is an official "receipt" so to speak that is recognized by the government for tax's and other accounting purposes. Each business in Mexico is issued an R.F.C. number which allows them the capability to generate an official Factura. A copy of a check or receipt is not considered a Factura and will not be considered by the government. |
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