Some people thought it was going to be necessary for the foreign buyer to obtain a Taxpayer Identification Number (RFC) and to obtain resident status in order to own property in Mexico.
Not so!
What really happened is that SAT (Mexico’s IRS) has insisted that the Mexican Notary Public who is issuing the deed of transfer to a property or rights in a property, if a fideicomiso, must issue an invoice showing the full amount declared in the transaction and his or her fees for doing the work on same. This is an official receipt and establishes . . .
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