Per Internal Revenue Code Section 6048 any trust established in a foreign country including the Mexico real estate region or its US beneficiary must file certain forms with the US department of the treasury (Internal Revenue Service) each year.. Forms 3520 and 3520A must be filed by anyone who holds an … [Read more...] about THE FIDEICOMISO (MEXICAN BANK TRUST) CONTROVERSY and FORMS 3520 and 3520A is it? or is it not??
Mexico Real Estate Tips
“Where Did You Say That Beach Was?” – Life in a Playa del Carmen Home
The beach in Playa del Carmen is unmistakeably one of the most attractive things about retiring here. It's wide, it's soft, it's beautiful, and the water's warm. Once you live in your Playa del Carmen home, you will enjoy it as part of your life. But here's a little tip for you that may not surprise you, but you … [Read more...] about “Where Did You Say That Beach Was?” – Life in a Playa del Carmen Home
Some New FAQ for the Yucatan Real Estate Region
How would you compare the cost of utilities in the Yucatan real estate region to the cost of the same utilities in the United States? Electric, gas and water? Electricity in nearly all of the Mexico real estate regions are controlled by the government owned CFE "Comision Federal de Electricidad"Â The amount you pay … [Read more...] about Some New FAQ for the Yucatan Real Estate Region
Cancun Real Estate Interview with Newest TOPMexicoRealEstate Member- Part 2
In a previous blog, TOP Mexico real estate interviews with John De Rotache from the Cancun Real estate territory asking him about his background and the trends in his region. You can see part one of this interview by clicking here, Mexico real estate blog.  Below please find the remaining questions and answers to … [Read more...] about Cancun Real Estate Interview with Newest TOPMexicoRealEstate Member- Part 2
Mexico Mortgages Might be the Gap For Real Estate Opportunities
A Mexico mortgage has not been a common tool used by real estate investors nor by residential buyers in the past here in the Mexican market. It was not until President Fox's administration during 2002 - 2006 were new laws and regulations introduced to help financial institutions offer home loans to millions of … [Read more...] about Mexico Mortgages Might be the Gap For Real Estate Opportunities
HAVING A PUERTO VALLARTA BEACHFRONT CONDO AND OTHER WAYS TO KEEP COOL IN THE SUMMER
Owning a Puerto Vallarta Beachfront condo, with the amazing views, and the cool ocean breezes is a very fun way for keeping cool on hot blistering summer days. Another way to keep your temperature down is to lock all the doors and windows, crank up your air conditioner and chill-out in a catatonic bliss as you dream … [Read more...] about HAVING A PUERTO VALLARTA BEACHFRONT CONDO AND OTHER WAYS TO KEEP COOL IN THE SUMMER
PUERTO VALLARTA REAL ESTATE MARKET UPDATE
We have seen a strong increase in sales in the Puerto Vallarta real estate market in the past several months. The malaise of last year’s “swine flu†debacle is now just a bad memory as the market returns to a state of normalcy.  One well respected and experienced Puerto Vallarta real estate agent has reported … [Read more...] about PUERTO VALLARTA REAL ESTATE MARKET UPDATE
What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
I have been working in the Puerto Vallarta real estate market for several years and from my experience the first thing is to ask the developer’s representative to accompany you on a “walkthrough†inspection of your new home in Puerto Vallarta. During this inspection you want to make a written “punch list†… [Read more...] about What things should we check on the walkthrough of our new condominium in Puerto Vallarta?