When preparing to either relocate or spend any length of time in Mexico, it makes perfect sense to physically and financially establish a presence. Having a bank account when setting up and paying your utility bills online, can make life that much easier. If you own Mexico real estate, you most likely have already … [Read more...] about Opening A Bank Account in Mexico
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How to Open a Mexican Bank Account
If you are planning to make Mexico your primary or second home, it is a good idea to have a Mexican bank account. Physically transporting larger sums of money back and forth between countries isn’t always the smartest way to secure financial needs. Then keeping it tucked away at home can create mishaps like not … [Read more...] about How to Open a Mexican Bank Account
Banking for Foreigners in the Riviera Maya: My Personal Journey
When we originally arrived to Playa del Carmen a few years ago, we did not have a bank account in Mexico. We would use our debit cards in the shopping mall and hit the ATM to get cash to pay for most of our expenses. Since the limit for ATM withdrawals in Mexico is around $500 USD per day, we had to do several trips to … [Read more...] about Banking for Foreigners in the Riviera Maya: My Personal Journey
I a need mortgage in order to purchase in Mexico, When Should I start checking to see if I qualify
Before you start looking for property....This hold true no matter where you are purchasing a property Realtors are very busy people and should know that their client is qualified for a mortgage before they start running around showing properties to them Getting qualified will also help the Realtor know exactly how … [Read more...] about I a need mortgage in order to purchase in Mexico, When Should I start checking to see if I qualify
I own a property in Mexico…Can I get money out of it!
Refinancing a property in Mexico is really EASY! The Mexico property values have exploded and if you are looking to take cash out.....This is a great time...Banks are eager to help with getting that loan on your property and getting out 80% of its value Because of the talk of Tulum opening up an airport...Using that … [Read more...] about I own a property in Mexico…Can I get money out of it!
Mexico Mortgages Made Easy
Doing a mortgage in mexico is not any different than doing a mortgage in the United States We are able to do a mortgage for United States Citizens, Canadian and British Citizens......You can get a loan up to 80% of the value of the home and we have full documentation and Stated Income loans We can do Constructions, … [Read more...] about Mexico Mortgages Made Easy