PropertyMex

Cozumel

Cozumel — Mexico Property Law, Taxes & Ownership

How Mexican property law, the fideicomiso, closing costs and annual taxes apply to owners in Cozumel.

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Ownership structures for island property

Cozumel falls within the restricted zone, so residential foreign ownership is normally held in a fideicomiso issued by a Mexican bank, renewable for 50-year terms.

Recurring obligations

Owners budget for annual predial (property tax), the yearly trust fee, and capital gains planning ahead of any future sale.