Living In Los Cabos: Buying Gas

It’s that time of year! A very pretty time, skies are blue, seas are calm (unless a whale jumps up in front of you and that’s a good thing), temperatures are reliably in the high 70’s. So what’s up? Taxes. All taxes are reconsidered and recalculated and the changes go into effect Jan 1, even though no self-respecting Notario comes back to work before the 15th.

Federally set prices also go up Jan 1, including the cost of gasoline at Pemex. I’ve learned recently that the price actually does vary nationally, although within town it’s all the same. Here in Cabo the price went up. Geez! Why didn’t I fill up the Suburban on New Year’s Eve? Anyway, here’s the new cost.

Thanks to my engineer hubby, who is the only person possible who would take the time and have the patience to convert liters to gallons and pesos to dollars the new going rate for gas in Cabo is $2.20 per gallon. This is, according to my administrator Carlos, about a 70 centavo per liter increase.

No getting around it, the price is the price is the price. Pay it or walk or get on the bus.

So, in the public interest, I’m just posting the change. As per the above paragraph we have to live with the change. IVA, the sales tax, has also gone up one percent. In Cabo that’s 11% up from 10% and on the mainland 16 versus 15. Not a killer.

Capital gains tax has also gone up to 30% of the gain, and there are some changes in the rule for being exempt. But more about that one later….

So FYI, if you knew how much of your tank $200 pesos would fill it’s time to re-calibrate.

Welcome to 2010, and let’s face it: it’s a small, small price to live in Paradise1

Carol Billups is Broker/Owner of Realty Executives Los Cabos in Cabo San Lucas. She loves to put clients in touch with their dream home in Mexico. She is the real estate columnist for Los Cabos Magazine and the Real Estate Co-Ordinator for the Los Cabos Now talk show on Cabo Mil FM, Los Cabos only radio station.sd You can read more of her articles on http://www.reloscabos.com or contact her at loscabos@realtyexecutives.com. Her phone from the US or Canada is 1-760-481-$7694 or in Cabo at 044-624-147-7541. You can search hundreds of listings in all of Los Cabos by visiting her website http://www.lovecabo.net

© 2010 Carol S. Billups

Tags: Baja, Cabo, Cabo San Lucas, condo, cost, gas, gasoline, home, house, Los Cabos, Mexico, price, property, real estate, realtor, realty, tax, taxes