Travel in a foreign country can seem daunting, however at Momentum Luxury Rentals, we ensure you feel secure and excited about your decision. Find out everything there is to know about renting in Mexico!
- Title of property or Trust under the owner´s name.
- Copy of the Residence Card and CURP Registration
- The property should not have debt for property services such as Water Bill, Telephone Bill, Electric Power Bill, etc.
- Have No Debt with HOA
- Choose in the rental program if you want to list your property for Vacation Rental or Long-term Rental.
- Meet the requirements that the property must have to be able to offer vacation accommodation
- Send an Invoice for leasing on a monthly basis
Momentum Luxury Rentals will execute a market study and provide a cost analysis of services that the property incurs. This will give you the exact cost of expenses for the property, in order to propose a price per night or per month in case you choose to lease the property long-term.in order to propose a price per night or per month in case you choose to lease the property long-term.
Foreigners who are residents in Mexico and who receive income in our country are considered taxpayers and must pay taxes in the same way as nationals; Consequently, they must comply with the obligations that correspond to the regime by which they receive the income generated.
Due to the fact that Momentum Luxury Rentals will make the payments to the owners, MLR will retain 25% for ISR, therefore MLR will deliver the taxes to SAT (Tax Administration System). Although MLR is not the cause of the tax, the law considers us jointly liable for the obligation to cover the amounts to the federal treasury for the corresponding amount according to the income you will have.
Momentum Luxury Rentals will provide a monthly Statement of Account to the property owner, reporting the number of nights that the house was rented and the expected revenue. The next step would be for the property owner to issue an invoice with the amount of the transfer. Momentum will make a transfer to the owner’s bank account. In the event that a bank transfer is made to a bank abroad, the corresponding bank fees w are to be the responsibility and covered by the owner of the house.
No, you do not need permits, the documentation you need to apply for this program is a copy of the Residence Card.
Rent a two bedroom home!This lovely casa fully furnished is located on the in Founders’ neighborhood, another bonus with this home is the room with a king bed and a bunk bed with a private bathroom on the first level.
Master bedroom with king bed with private bathroom on the second level.
Room with a king bed and a bunk bed with a private bathroom on the first level.
A patio seating area, first level and an area with terrace, with table and chairs.