How are the Buyers Taxes Distributed?

With Mexico real estate, two percent (2%) is the government’s transfer tax. One and three tenths of percent (1.3%) goes to the department of public record as a registry fee and the final (1%) one percent is paid to the Notario. Notario’s are attorneys licensed to be gatekeepers of legal title transfer. They "give faith” ( Which is 'dar fe’ in Spanish) that the transaction has satisfied all the legal criteria for a safe transfer of title. In the U.S., this role is played by the escrow officer of the title company insuring the title.

Rest assured, you can buy Mexico homes for sale safely and securely with Investment Properties Mexico.