Did you know that paying your property taxes early in Los Cabos or La Paz could save you money? Many property owners in Baja California Sur, Mexico miss out on valuable discounts and risk late fees simply because they’re unsure of the process.
The good news is, settling your property taxes here is easier than you might think. With just a few simple steps, you can pay on time, avoid penalties, and keep your property in good standing, all while making the most of early payment savings.
What Are Property Taxes in Los Cabos and La Paz (Predial)?
In Mexico, they are referred to as Impuesto Predial. They are paid annually to your local municipality. The cost is based on the value of your property, but rates are significantly lower than in most other nations-often a few hundred dollars annually.
When Are Property Taxes Due?
- Los Cabos: The annual payment deadline typically is March 31.
Early payment discounts:
20% in January,
15% in February, and
10% in March.
- La Paz: The due date is May 31.
January pays a 20% discount
February pays 15%
March pays 10%, and
April pays 5%.
If you are late, interest and penalty will be charged, so it’s wise to pay upfront.
What You Need Before Paying
- Clave Catastral: This is your property tax identification number, on your deed (escritura) or bank trust (fideicomiso) documents.
- Owner Name: Ensure that your property is registered in the proper name in the municipal records.
How to Pay Your Property Taxes in Los Cabos and La Paz
Online Payment
- Los Cabos: Visit the official municipal website: tesoreria.loscabos.gob.mx/pagos-y-consultas
- La Paz: Access the payment portal at: servicios.lapaz.gob.mx/predial.php. Enter your Clave Catastral to retrieve your tax statement and proceed with payment using a credit card.
In-Person Payment
You can pay at local tax offices or authorized banks like Banamex, Bancomer. Bring your Clave Catastral and a valid ID.
Tips to Save Money and Avoid Problems
- Pay Early: Always pay early if you can. Doing this can help you get a discount. In Los Cabos, you can receive up to 20% off if you pay in January.
- Save Receipts: Save your receipts for proof of payment.
- Check Your Records: Ensure your property is recorded under the right name and address to prevent confusion.
- Stay Up to Date: If you’re behind payments, penalties can accrue or compound.
If you are unsure what municipality you reside in, connect with me.