Real Estate in Mexico
Closing Costs in Mexico
Closing Costs in Mexico
Closing Costs in Mexico
Closing costs vary based on ownership instruments.
Municipal Fees | |
| Acquisition Tax | 2% of purchase price |
| Public Registry Fee | 5% of purchase price |
| Value estimation for property tax | 18% of purchase price |
| Certificate of Freedom from Liens | $34 |
Bank (Trust) Fees (if applicable) | |
| Foreign Affairs Permit & Registration (SRE) | $1300 |
| Trust Initiation | $695 |
| Bank Trust Fee (also paid annually) | $695 |
Transaction & Legal Fees | |
| Notario Fee | $2750 |
| Translation Fees | 0 |
| Transaction Fee | $550 |
Other Fees | |
| Escrow & Title Escrow Fee | $575 |
| Title Insurance (not required, but recommended) | $7 per 1000 |
