I have been putting together various posts on the processes involved on how to buy Mexico real estate. You can see the previous posts on this series by clicking here Mexico Dream Home Below I will start to discuss the Mexico Bank Trust Payment of the purchase price is not enough In order to have a valid ownership … [Read more...] about Purchasing Your Mexico Dream Home; The Bank Trust Part 4
Purchasing Your Mexico Dream Home; Checking the Title-Part 3
In March and in our Mexico real estate blog, I posted the articles part 1 and part 2 You can read part 1, by clicking here; Purchasing your Mexico Dream Home Below is the continuation of these first two parts In my experience in the La Paz real estate market as well as many parts of Mexico, I ask … [Read more...] about Purchasing Your Mexico Dream Home; Checking the Title-Part 3
Purchasing Your Mexico Dream Home; Real Estate Closing Costs in Mexico -Part 2
Last week, I began discussing the process of how to purchase your Mexico dream home Please click here to see this first post Mexico Real Estate Purchasing Process and go here Mexico Real Estate Agents to learn more on this subject. Rule Number Three:Mexico Real Estate Closing Costs (Fideicomiso) Closing … [Read more...] about Purchasing Your Mexico Dream Home; Real Estate Closing Costs in Mexico -Part 2
Purchasing Your Mexico Dream Home; Mexico Real Estate Agents & Neighborhood Part 1
Mexico can be an exciting place to live for those who are retiring to Mexico, for those who are working from home on a computer link with their company, for those who are looking for a vacation home or an outstanding investment... above all, for those who dream of a better quality of life! Home...the word represents … [Read more...] about Purchasing Your Mexico Dream Home; Mexico Real Estate Agents & Neighborhood Part 1
The Mexico Bank Trust for Ownership of Real Property
Article 27 of the Constitution of the Republic of Mexico prohibits foreign ownership of real property located within 30 miles of any coastline or 60 miles of either border This is referred to as the Mexico restricted zone Owning within the Mexico Restricted Zone In 1973, recognizing that many Americans would enjoy … [Read more...] about The Mexico Bank Trust for Ownership of Real Property
How Secure Is Your Mexico Real Estate Investment
All too often citizens of the United States, Canada and other countries ASSUME that property purchases are carried out automatically in Mexico in a manner similar to that of their native countries The first law of property purchase in Mexico is DON`T ASSUME anything! Purchasing property is NOT the same as in other … [Read more...] about How Secure Is Your Mexico Real Estate Investment
Mexico Fiduciaries and The Mexico Buyer’s Agent
WHAT IS A MEXICO FIDUCIARY This term is most commonly used in Mexico to describe the bank which holds the title if you are purchasing a property in a Mexican bank trust, a fideicomiso However the word has another very important meaning for those who are buying property in Mexico The Fiduciary also refers to … [Read more...] about Mexico Fiduciaries and The Mexico Buyer’s Agent
The Tax on Profits from a Mexico Real Estate Sale
There is a lot of misinformation on this subject, such as: "If you become a Mexican citizen you have no tax to pay when you sell real estate"...... or "With a FM-3 and some receipts, you will be exempt from paying capital gains on the sale of your vacation house in Mexico" Neither scenario is completely … [Read more...] about The Tax on Profits from a Mexico Real Estate Sale