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MEXLAW > Blog (Page 6)

Simple Check List for Condominium Buyers in Mexico From the Real Estate experts at MEXLAW

  Condo life is not for everyone; it has some disadvantages, but it can also be a perfect way to vacation, invest or live in Mexico. Condominiums offer a low maintenance lifestyle with plenty of perks. Before you decide on a condo, do your research, review our checklist to see if your potential investment qualifies to be your new home. There are many important legal matters to deal with during a real estate purchase, which you will discuss with your attorney, but these simple points should be considered before you choose your condo. Review The Condominium Regime. This important document is...

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10 Reasons Foreigners Should Consider Forming a Mexican Corporation

  Foreign individuals looking to invest and do business in Mexico will do so through the incorporation of a Mexican company. If you are ready to relocate to Mexico but not quite ready to retire, read on to learn 10 reasons why creating a Mexican Corporation may be the right choice for your investment.   A Mexican Corporation has legal rights as if it was Mexican entity to acquire property anywhere in Mexico, including real estate within the restricted zone 100 km of the border or 50 km from the coast. No need for a bank trust, Fideicomiso. A Mexican corporation...

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MEXLAW Escrow Service Protects Your Real Estate Investment in Mexico

  Escrow is a legal process designed to protect the interests of both the buyer and the seller, acting as an impartial third party ensuring security for both sides. That third party should be a trustworthy law firm authorized to handle escrow accounts in Mexico. Real Estate Escrow The seller has assurance the buyer is committed to the purchase by placing money in trust as a deposit. The buyer is protected by ensuring the money is held in trust until the seller provides clear title, and all other stipulations that were included in the contract are complete. The traditional escrow accounts which we are...

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Citizenship by Naturalization for Foreigners Choosing to Live in Mexico

  In the past people vacationed in Mexico, or stayed only for the winter, but the retirement population has changed in recent years. Many visitors realize a lower cost of living, safe communities, and a better quality of life and decide to live in Mexico permanently with no desire of keeping a residence in their country of origin. Pensioners find it more affordable to live, invest and retire in Mexico, leaving the question, why go back to the US or Canada? If you have come to this realization, we can help you make living in Mexico full time a reality, contact...

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Temporary Import of a Foreign Plated Vehicle in Mexico

  There are few important things you need to understand if you are driving your vehicle into Mexico and plan to stay awhile. The rules and regulations of importing foreign vehicles either temporarily or permanently may change, we recommend contacting the law professionals at MEXLAW to process your vehicles importation. A foreign plated car in Mexico will require a temporary import permit. The permit will be valid for 180 days (the same as your tourist visa) If you are arriving in Mexico on a Temporary Resident Visa your car's permit will be as valid as long as your Temporary Resident Visa is...

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