The United States has made history by passing 18 pesos for first time ever. Â According to Notimex, on Wednesday Jan. 6 the dollar was selling at 18.10 pesos at the International Airport of Mexico CityÂ exchange houses.Â There are manyÂ reasons for this sudden surge, including the effect of low oil prices and concerns … [Read more...] about US Dollar Makes History by Reaching 18 Pesos
There are over 1 million registered American expats living in Mexico today. It is quite obvious to think that these expats are sometimes in the need to transfer or wire money to and from the USA and Mexico. Whether itâ€™s for an emergency, sending money to a friend or relative, or receiving money from a friend or … [Read more...] about Transferring and Exchanging Money Between USA and Mexico
There was once a time when Canadians and Americans were not allowedÂ to buy property in Mexico that was 50 km from any coastline or 100 km of a neighboring country. This zone meant that nobody other than Mexican nationals were allowed to invest in lands located within these areas. However times have changed and the … [Read more...] about Mexican Corporation vs. Bank Trust
What was once a dream is now a reality as you venture out into your quest to owning your very own piece of Caribbean Mexico property. But strangely, you still find yourself lying awake at night; tossing and turning with all those buying questions just swirling around inside your head. Fear not! All your questions are … [Read more...] about Mexico Property: Everything you wanted to know about Escrow Part 1
Many Americans and Canadians have questions and doubts about financing a Mexico real estate purchase through a mortgage when they first undertake the process of buying property.Â The following are some of the main questions which buyers ask about mortgages in Mexico with answers from professional sources. Q. Is … [Read more...] about Mexico Real Estate Q & A â€“ Are Mortgages in Mexico Available for Americans and Canadians?
One of the advantages that modernization has presented for Mexico retirement is that of online banking.Â This advantage applies equally to managing your bank account back home from Mexico as it does to managing your Mexico bank account from back home when youâ€™re not in Mexico. The ease that this presents makes … [Read more...] about Mexico Retirement and Banking; The Advantages of Online Banking
Mexico mortgages have been reducing slowly over the past several years.Â Nearly five years ago, interest rates down in Mexico were above 12%, today it is completely different.Â In the video interview below, we discuss several important issues for non-Mexicans wanting to take out a loan on their Mexico real estate … [Read more...] about Mexico mortgage below 6% is that correct?
When buying Mexico real estate, and later on once youâ€™re living in Mexico enjoying your new home, a concept you will want to be familiar with is making wire transfer for the purpose of payments and access to personal funds. For example, if you buy a Playa del Carmen condo in the preconstruction phase, you may need … [Read more...] about Mexico Real Estate – Wire Transfers and the Purchasing Process