Mexico

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Total transaction costs
range from low to high in Mexico

The total roundtrip transaction costs are around 4.3% to 17.8% of the property value, depending upon the location, and value of the property. Property acquisition tax, notary public fees and registration fees vary in each state and/or city. Additional costs for the buyer include title insurance, legal fees for Spanish-speaking lawyer, bank fees for setting up a trust (fideicomiso), and permit from the foreign affairs office. Real estate agent’s fee is around 3% to 6% (plus 15% VAT) and typically paid by the seller.

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