Does anyone know the tax obligations in Mexico if you hold a Residente Temporal?
I understand that the Residente Temporal is for visitors who want to stay more than 180 days. However, for visitors that stay less than 180 days and who own property, there is the added benefit of a more favourable capital gains tax rate on sale.
Does anyone know the difference between the capital gains tax rate on property if you hold a Visitor's Visa versus a Residente Temporal?
If you own a property for say 20 years, how would the capital gains tax rate be calculated if you held a Residente Temporal for say just the last 4 years?
Thanks!