Mexico Mortgage
The Mexico mortgage market has improved greatly, although the market remains under developed with little choice in mortgage products. However, mortgages in Mexico has great potential for growth and the market is currently increasing growth of around 40%. Mexico mortgages are available to non-residents on a capital repayment basis only, although many foreign buyers of Mexico land and property can take out a housing loan with a foreign bank.
When considering Mexico property and land investment, you should obtain up-to-date Mexico mortgage information from your legal adviser. The Mexico mortgage market is changing as demand increases and investors in property and land in Mexico should take advice on how best to finance their investment.
Mexico Tax
Buying property and land in Mexico is not necessarily the same as buying in the UK or Ireland and you should take independent legal advice, particularly regarding Mexico tax information. Taxes and fees involved in the purchase process are reasonably low - an additional advantage for the investor in Mexico land and property.
Buying property or land in certain areas of Mexico will attract further fees and taxes. For further Mexico tax information, click here to download the full Mexico Land and Property Investment Guide.
