There are many benefits to purchasing real estate in Mexico. The property taxes in Mexico are miniscule compared with the U.S. and Canada, usually costing just a few hundred dollars per year. It is also very easy to be exempted from paying the capital gains tax—you just have to prove that you resided in the property for at least six months. The appreciation in many areas, especially on the coasts, can be very high, with 50% or more per annum being a realistic number.
And above all, buying Mexican real estate is safe and easy, with more and more financing sources available to U.S. and Canadian residents through both U.S. and Mexican banks.
Wherever you go in Mexico, the friendly people will charm you, the natural beauty will seduce you, and the remarkably affordable cost of living will entice you to stay. As is true in any country, real estate in some areas is more affordable than in others. And different places, of course, appeal to different people. If you want extensive infrastructure, ease of access, an established expatriate community…you can have all that. On the other hand, if you're looking for a little slice of deserted Mexican beach away from it all, you can find that, too…and all of it at surprisingly reasonable prices.