Cross Border C r o s s B o r d e r

Mexico vacation rental financing: 30-50% down payment. USD-denominated cross-border loans run 7-10%; peso-denominated Mexican bank mortgages 8-14%. 15-20 year amortization. Many Canadians use a HELOC or cash. Fideicomiso required for coastal properties (50km coast, 100km border). Setup ~$2,500-$5,000 USD; annual trust fees $400-$700. Mexican capital gains up to 35%; STR income subject to IVA (16% VAT).