{"id":13212,"date":"2017-03-10T15:32:41","date_gmt":"2017-03-10T21:32:41","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=13212"},"modified":"2017-03-10T15:47:33","modified_gmt":"2017-03-10T21:47:33","slug":"building-your-home-in-mexico","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2017\/03\/building-your-home-in-mexico\/","title":{"rendered":"Building your home in Mexico"},"content":{"rendered":"

\"Build<\/p>\n

Why would anyone want to build their retirement or vacation home in Mexico, and specifically in the Riviera Maya? This is an easy question to answer. The weather is ideal, the beaches are gorgeous<\/a>, and the cost of living is far less the most anywhere in North America.<\/p>\n

But before you start thinking about building, have you selected an area where you feel comfortable? This should be discussed before you ever consider settling down in a foreign country. Spend time in the area you want to build in, know the people and their daily habits. Be aware of the infrastructure around you which includes water supplies, electricity, and other vital support mechanisms. Are there enough stores, shops and services offered? These are just a few of the preparations needed to start your project.<\/p>\n

If you answered yes to the questions above, then here are some tips for building your home in Mexico<\/a>. They are very important steps that will help you plan for a successful project.<\/p>\n

Buy locally.<\/strong> Ask your realtor for a few references and then do your research. Most reputable Mexico construction companies offer English speaking project managers who will help guide you along. Another big advantage to hiring a local firm is they will know how to process the necessary paperwork before, during and after the project.<\/p>\n

They can also help you select an architect that will not only listen to what your design plans are but give valuable advice on special provisions that are needed for the location you have selected. The contractor most likely has worked with the architectural firm and both will have a cohesive working relationship. This is not to say that you won\u00e2\u20ac\u2122t have any say-so in the design, but not knowing the lay of the land could create problems down the road. There are also workarounds that can be suggested as well.<\/p>\n

\"Home<\/p>\n

As a second step in this tip, make sure to ask for references and check them. References are fairly easy to obtain, but the real challenge is working them and getting accurate information and feedback. Sometimes visiting with references face to face is the best way to know if they are legitimate.<\/p>\n

Always get an estimate.<\/strong> I don\u00e2\u20ac\u2122t think I have to mention this next suggestion but like every high dollar service or project, always get an estimate or what is called a presupuesto<\/em>. You should always ask the construction company for a workup, and don\u00e2\u20ac\u2122t be afraid to interview them and ask the tough questions. Get multiple estimates \u00e2\u20ac\u201c presupuestos,<\/em> even if they charge a nominal fee. It is well worth the money spent to eliminate headaches during and after the project. Again, your realtor should be able to give you a couple of contractor\u00e2\u20ac\u2122s names. You can also ask a few of the people who have already experienced the trial and tribulations of building for references.<\/p>\n

Follow all of Mexico\u00e2\u20ac\u2122s required laws.<\/strong> This includes labor, government policies, and any other provisions set forth by the local municipality. Know all the pertaining laws and abide by them to the letter. You can approach this by first doing your research online. Then it would be advisable to have an English speaking lawyer who works with foreigners building in Mexico. Go around to some expats and\/or part-time residents who can give you some names of reputable lawyers in your area. Your contractor should be able to help you with this.<\/p>\n

Put everything<\/strong> in writing.<\/strong> Anything that you decide on and\/or move forward with should always be in writing and, preferably, notarized by a lawyer. Make sure there are provisions mentioned for cost over-runs, labors being paid including Mexico\u00e2\u20ac\u2122s IMSS – Social Security, any unforeseen liabilities of any kind, and incentives and\/or other specifics you see vital to keeping this project on track. Make sure all terms of the contract are listed and \u00e2\u20ac\u0153all\u00e2\u20ac\u009d parties involved a sign and get a copy. Always have two or more sets of eyes reviewing documents at all times. Before starting the physical work or groundbreaking, have copies of all the needed building permits in hand. Your project manager and a lawyer can help you with this.<\/p>\n

Set up a bank trust.<\/strong> After you agree on an architect and construction firm, consult your lawyer on setting up a Bank Trust or a Mexican Corporation. To own in Mexico, you must have one of these accounts set up. The lawyer can also help you establish where and when you pay your taxes, utility bills and\/or insurance if you elect to have a policy \u00e2\u20ac\u201c recommended. Mexico\u00e2\u20ac\u2122s laws are different from every other country and can sometimes pose difficulties if you don\u00e2\u20ac\u2122t completely understand them. It is always better to be safe than sorry.<\/p>\n

\"Home<\/p>\n

Always stay informed.<\/strong> Don\u00e2\u20ac\u2122t be afraid of having the contractor be accountable for the job you hired them to do. Keep a close eye on the progress and don\u00e2\u20ac\u2122t be afraid to ask questions. It is also advised to visit the site often if possible, but don\u00e2\u20ac\u2122t get under foot, let the workers do their job. If there is a problem, go directly to the supervisor\/project manager.<\/p>\n

Have fun. <\/strong>This is maybe the most important. Make this a fun project. Yes, it will be stressful at times, but if you are having fun and keep your excitement level up, this will be an adventure of a lifetime. After everything is said and done, you will have a piece of paradise to spend the rest of your life in.<\/p>\n

One final note to the wise: Make a checklist. You could possibly have several lists. Write everything down before you actually start the journey towards having a beautiful home in Mexico. Then make a final checklist before going into the final leg of your project. You can add and delete to this itinerary at any time. Review it often to make sure that all your bases are covered. Remember, \u00e2\u20ac\u0153Not planning, is planning to fail\u00e2\u20ac\u009d.<\/p>\n

If you\u00e2\u20ac\u2122re interested in building a home in Mexico, sign up for our next webinar and learn how to go from planning to enjoying your home in 8 easy steps!<\/p>\n

At TOP Mexico Real Estate\u00e2\u20ac\u00a6 We Make it Happen!<\/p>\n

\"Free<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Why would anyone want to build their retirement or vacation home in Mexico, and specifically in the Riviera Maya? This is an easy question to answer. The weather is ideal, the beaches are gorgeous, and the cost of living is far less the most anywhere in North America. But before you start thinking about building, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[254],"tags":[1679,938,1665,1606,1453,1623,899],"class_list":{"0":"post-13212","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-mexico-investment-property","7":"tag-build","8":"tag-dream-home","9":"tag-home","10":"tag-invest","11":"tag-mexico","12":"tag-paradise","13":"tag-riviera-maya","14":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/13212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=13212"}],"version-history":[{"count":3,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/13212\/revisions"}],"predecessor-version":[{"id":13216,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/13212\/revisions\/13216"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=13212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=13212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=13212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}