Is there an inheritance tax in Mexico? No, there is not. Although there has been attempts by the congress to pass a law establishing such taxes.
How can I leave a will in Mexico? Nowadays, the only way is before a Mexican Notario Publico. For sure, the assistance of a real estate lawyer in Mexico, will facilitate the process, mostly if is a bilingual lawyer like us.
Can I leave a property in Mexico, by signing a foreign will? Ideally is to leave a Mexican will for a property in Mexico, as the legal systems when it comes to estate planning in both countries, are different. Consequently, the enforcement of a foreign will in Mexico, may become very complicated.
Will a Mexican real estate lawyer or Mexican real estate attorney assist me on a real estate transaction and property acquisition? Yes. It is ideal that you are represented by a qualified real estate attorney on any real estate transaction, as we do our due diligence and represent you from beginning to end.
Can you own property in Mexico? A non-Mexican can own fee simple as long as it is out of the restricted zone: 100 kilometers from the borders and 50 kilometers from the coasts. If withing these limits, then the way is under a bank trust. The answer is yes. It is safe and legal to own properties in Mexico.