Rental Income Tax in Mexico compared to Latin America
Mexico: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
Colombia, Medellin | 39.00% |
Chile, Santiago | 35.00% |
Uruguay, Montevideo | 30.00% |
Peru, Lima | 30.00% |
Puerto Rico, San Juan | 29.00% |
Dominican Republic, San Juan | 27.00% |
Argentina, Buenos Aires | 25.49% |
Jamaica, Kingston | 25.00% |
Costa Rica, San Jose | 15.00% |
Brazil, Sao Paolo | 15.00% |
Mexico, Mexico City | 9.36% |
Panama, Panama City | 5.83% |
Belize | 3.00% |
Mexico real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from these sources:
- Gobierno de Mexico
- Inmuebles24
- Sociedad Hipotecaria Federal