Is there an inheritance tax in Mexico? Real Estate Q&A › Is there an inheritance tax in Mexico? 0 Vote Up Vote Down JRE Staff asked 7 months ago Is there an inheritance tax in Mexico? No. However, you must pay the property transfer fee. It is about 2-5%. For more questions and answers go here. Related Posts:Property Taxes in MexicoThe buying process in MexicoClosing CostsCapital Gains TaxBuying an amazing and new condo in Mexico with mortgage