FAQ
It boasts stunning beaches, a tropical climate, and a vibrant culture, making it a prime location for vacation rentals and long-term investments.
Tulum’s real estate market is experiencing significant growth, offering potential for appreciation. The government of Mexico has been investing what is now the largest government capital contribution for the Tulum International Airport and the Mayan Train in order to boost up tourism, commerce and economic growth. Both the Mayan train and Tulum International Airport are some of the largest investments from the Mexican Government during this administration.
Buying real estate in Mexico is very similar in process as buying real estate in most other westernized countries. Due diligence must be completed by the buyer or their attorney, a purchase agreement is put together, security deposits are exchanged or even escrowed in an international escrow and then the execution of the deeds (escrituras) is notarized locally with a public notary.
A real estate attorney can guide you through the legal aspects of the transaction.
Mexico does not have a tax treaty with Israel but Israel has foreign tax relief to avoid double taxation in absence of an applicable double taxation treaty. The foreign tax credit is limited to the Israeli tax payable with respect to the same income. Please refer to your local accountant to obtain detailed information that can help you file the right income tax properly.
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Yes the new airport will not only expand the tourism to the area but it will become a HUB for international travelers into Mexico. It will not compete with Cancun’s airport as they will host different airlines that dont even arrive to Cancun but it will also host all private hangars in the area and other international routes that have not been available to the Cancun airport.
The government of Tulum, Mexico, has demonstrated its commitment to security through a substantial budget allocation aimed at implementing enhanced safety measures. This investment is intended to ensure the well-being of both residents and visitors.
Mexico is dedicated to growing tourism in Tulum, as evidenced by major expansion projects. The upcoming international airport, scheduled to open by January 2024, and the ambitious Tren Maya project are significant initiatives. These projects signify a substantial leap forward, catering to the increasing influx of tourists and facilitating easier exploration of historical ruins by connecting the entire peninsula.Mexico is dedicated to growing tourism in Tulum, as evidenced by major expansion projects. The upcoming international airport, scheduled to open by January 2024, and the ambitious Tren Maya project are significant initiatives. These projects signify a substantial leap forward, catering to the increasing influx of tourists and facilitating easier exploration of historical ruins by connecting the entire peninsula.
The government of Tulum demonstrates transparency in its commitment to the area’s development by openly disclosing budgets for major projects. Over $10 billion has been allocated for initiatives like the international airport and the Tren Maya project, emphasizing the seriousness and dedication to the region’s growth.
The exclusive gated community of Conciente in Nuevo Tulum prioritizes security and offers residents a safe and enjoyable lifestyle. By emphasizing security measures within the enclave, Conciente contributes to the overall safety of the region, providing residents with a peaceful environment.
Tulum’s improving safety is recognized by various reputable websites and publications. References indicate that the destination is on an upward trajectory in terms of security, making it an increasingly compelling choice for both ownership and vacation.