Doing Business México 2020 MEX | Page 40

Doing Business 2020 Mexico Registering Property - Mexico City Indicator Mexico City Latin America & Caribbean OECD high income Best Regulatory Performance Procedures (number) 8 7.4 4.7 1 (5 Economies) Time (days) 42 63.7 23.6 1 (2 Economies) Cost (% of property value) 6.2 5.9 4.2 0.0 (Saudi Arabia) Quality of the land administration index (0-30) 16.0 12.0 23.2 None in 2018/19 Figure – Registering Property in Mexico City – Score 41.7 80.4 58.4 Procedures Time Cost 53.3 Quality of the land administration index Figure – Registering Property in Mexico City and comparator economies – Ranking and Score DB 2020 Registering Property Score 0 100 76.9: United States (Rank: 39) 71.2: Colombia (Rank: 62) 71.1: Chile (Rank: 63) 69.0: Monterrey 58.4: Mexico City 54.1: Brazil (Rank: 133) Note: The ranking of economies on the ease of registering property is determined by sorting their scores for registering property. These scores are the simple average of the scores for each of the component indicators. Page 40