What is the capital gains exemption?

The Short Answer

Similar to the homestead exemption in the U.S., the capital gains exemption discounts the amount of capital gains taxes you’ll owe.

Sellers have to meet several criteria to qualify, and the amount of the exemption is based on a Mexican financial index which fluctuates over time.

To learn more about these criteria and other details of the capital gains exemption, see The In-Depth Answer.