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When planning your Mexico retirement, it's important to have a clear plan of how to access your funds while in Mexico. While at the beginning you will probably do best to rely on credit cards and debit withdrawals, at some point you will want to open a Mexican bank account, leaving the possibility of direct wire … [Read more...] about Your Mexico Retirement and Banking; Making Wire Transfers
While working with your agent to complete your Mexico real estate purchase, you will also want to start planning various parts of your life in Mexico. One of the most important is having access to your funds from back home. There are number of options to consider; eventually, when you will want to know the Mexico … [Read more...] about After Your Mexico Real Estate Purchase – Access Funds from Back Home through ATMS
After buying Mexico real estate, one of the most important steps in planning your Mexico retirement is arranging to have access to your funds from the U.S. while you are in Mexico. Since there are numerous ways to access funds while in Mexico, this is usually not a complication, but careful planning will allow you to … [Read more...] about Planning Your Mexico Retirement Finances; Opening a Mexican Bank Account
This past week I set up a short video interview with Mr. Azahel Dominguez, who works as a loan officer at a Mexican bank here in Mexico. I have helped many people from Canada and USA buy Mexico homes with financing and thought I would provide clients a straight forward FAQ VIDEO on the process of obtaining a mortgage … [Read more...] about Mexico Homes Purchased Through 6% Financing? Watch Video
Typically as part of the closing process on your Puerto Vallarta home, the utilities will be changed over to your name. If not, ask the previous owner to sign a letter authorizing this action and then register the change with the corresponding utility. Your electric bill will come every second month, and your … [Read more...] about How do I pay my bills for my Puerto Vallarta Home?
The Mexico real estate market along the tourist zones have been adjusting to the lower amount of buyers present during this past year. Another adjustment that we have noticed is where the capital is being sourced from previous years when purchasing Mexico real estate. The majority of monies before were financed … [Read more...] about Mexico real estate Mortgages are Keeping the Market Moving
I recently had the question from a client "When do I need to pay the annual maintenance of my Mexico bank trust of my Mexico property" Yes, it s that time of year again and property taxes and Bank Trust maintenance fees are becoming due Some of you may not be property investors yet but are seriously studying over the … [Read more...] about When To Pay Your Mexico Real Estate Bank Trust Maintenance Fees
