A milestone and historic event occurred in Mexico real estate this August Recently, the AMPI association was able to implement a new degree in the Mexican universities and obtain the classification of a new professional license for Mexico Real Estate professionals The new university degree is being offered as an option … [Read more...] about The First Mexico Real Estate Professional License and Degree
How to Buy Real Estate in Mexico
Mexico Real Estate Tax Requirements in the U.S.
U.S. taxpayers are required to file certain reports with the U.S. government if they own property in Mexico, have a business in the country, or are shareholders in Mexican corporations Uncle Sam, U.S. tax watchdog, has instituted a voluntary disclosure program for those people who may have omitted reporting in the … [Read more...] about Mexico Real Estate Tax Requirements in the U.S.
Mexico Real Estate Aquisition Process; The Post Closing
What you need to know after the closing. Congratulations! You have signed and closed on your new home in Mexico. But now what Before purchasing your property, you found tons of information about the buying real estate in Mexico. But what about after the closing Owning real estate in Mexico is very different from … [Read more...] about Mexico Real Estate Aquisition Process; The Post Closing
Yucatan Real Estate Tips
I have written several articles on the Yucatan real estate purchasing process here in Mexico Articles about the role of the Mexico Notary Public, about rectifying property measurements, and even about Mexico real estate taxes Below are the last points I wish to share with you before covering other topics dealing with … [Read more...] about Yucatan Real Estate Tips
Mexico Real Estate Purchasing Process; The Foreign Relations Permit
If the Mexico real estate property you are purchasing is already in a trust (fedeicomiso) you may either: request assignment of the rights to you, or may request a new trust for fifty years If a new trust, a permit from the Secretary of Foreign Relations is required Whether a new trust or an assignment of rights, the … [Read more...] about Mexico Real Estate Purchasing Process; The Foreign Relations Permit
Mexico Car Registration and Taxes
I went out this morning to help a client register and pay his annual car taxes TODAY... in July Yes, little late as in most of the Mexico real estate regions the car taxes are due in the first three months of the year January, February, March After this first quarter, most municipalities will charge a penalty. Now … [Read more...] about Mexico Car Registration and Taxes
Living Longer in Puerto Vallarta
Life! Ah, there s nothing we d rather have! If only the Puerto Vallarta condo salesman would have known that extended life was included in the selling price of the condo back in 1984. Twenty three years ago, while visiting Mismaloya, just south of the Puerto Vallarta real estate region, we were approached by a super … [Read more...] about Living Longer in Puerto Vallarta
TOP 5 Tips for Buying Real Estate in Mexico
The thought of buying a property in a foreign country can feel like an overwhelming task, but there are ways to ensure the entire process goes smoothly. Here are five tips from my 17 years experience working in the Cancun real estate market to help make your search more efficient. 5 Top tips for buying real estate in … [Read more...] about TOP 5 Tips for Buying Real Estate in Mexico