Inheritance tax in Mexico 2026

Mexico levies no inheritance tax and no gift tax, federally or locally: inheritances and bequests are exempt income for resident heirs, whatever the size.

Gifts are exempt between spouses and up and down the family line (a parent's gift back down to other descendants is the one trap); gifts from others can be taxed as acquisition income.

At a glance

top rate: 0% on inheritances
entry band: 0%
tax year basis: Reporting only — amounts over MXN 600,000 go in the return
filing deadline: 30 April reporting for large receipts
residency basis: Resident heirs exempt; foreign residents taxed on Mexican property received
regime flag: No deemed-gain event either — carryover basis rules apply to the recipient

Rates

Inheritances and gifts (2026)

Rate	Base	Applies to
0%	—	Inheritances and bequests received by residents
0%	—	Gifts between spouses and from ascendants/descendants (conditions apply upward)
Scale rates	Value received	Gifts from others, where taxable as acquisition income
Scale rates	Value	Mexican real estate or shares received by non-resident heirs and donees (family exemptions apply)

Thresholds & allowances

Reporting dutyMXN 600,000
Inheritances, gifts, loans and prizes above this must be reported or they become taxable

Residency

Residency trigger

Resident heirs and family donees take assets tax-free with special basis rules for later sales; no probate tax exists, only notarial and registration costs.

Non-resident treatment

Foreign-resident recipients of Mexican real estate or Mexican-company shares are taxable unless the family exemptions apply.

Notes

Transfers at death and family gifts trigger no capital gain — unlike Canada's deemed-disposition model — but the recipient inherits computation rules for later sales.
There is no wealth tax; municipal property tax (predial) is famously low and deductible against rental income.
Reporting is the real obligation: omit a large inheritance from the return and the exemption can be lost.
Estate planning here centres on notarial wills and beneficiary designations, not tax.

FAQ

Does Mexico tax inheritances?

No — 0% at every level of government; just report amounts above MXN 600,000 in the annual return to keep the exemption.

Are gifts to children taxed?

No — gifts between spouses, and from parents to children (or children to parents, with conditions), are exempt without limit — a true 0%; gifts from unrelated persons can be taxed as ordinary income at up to 35%.

Figures: tax year 2026, compiled from public sources. Not tax advice.

See inheritance tax in other countries

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