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Taxes
The old saying about taxes being one of the two only certainties in life is still the case, even in a tropical dream bungalow on the Caribbean Sea. Property ownership in Mexico means new types of taxes. It's important to ask your property agent to spell out the different types of taxes before signing the deed to the property. Even with the additional taxes, property ownership in Mexico is still far less costly than coastal living in the United States. For many, the intrinsic value of a soothing tranquil life is far greater than the price of any tax.
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