This is a quick post for my fellow expats who may be unaware that most local governments in Mexico offer significant discounts if you pay your property taxes early. In fact, the earlier you do it, the bigger the discount.
Property taxes are called predial in Spanish.
For example, here are the discounts being offered in the Municipality of Tulum:
And below are the discounts being offered in Cozumel. As you can see, the date ranges to receive the discounts are completely different from the ones in Tulum.
If you want to know of there are any discounts available in a particular area, you’ll need to check directly with the municipality where the property is located.
Let’s Wrap This Up
I know several expats who failed to pay their property taxes on time the first year they were in Mexico because they were patiently waiting for the municipality to send them a tax bill — which they never do.
Actually, some of the same folks are still driving around with expired vehicle registrations for the same reason.
Mexico doesn’t send out little friendly reminders to do things like pay your property taxes or renew your vehicle registration on time. The responsibility to remember to do those things is yours and yours alone. It’s like being a real grown-up.