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MEXLAW > Blog (Page 7)

Top 10 Questions Foreigners Ask About Buying Mexican Real Estate

  These are 10 of the most common questions our real estate attorneys at MEXLAW hear on a daily basis; they are the experts when it comes to helping foreigners buy Mexican real estate. Is it safe to buy real estate in Mexico? Yes, but it is crucial to use a Mexican real estate attorney to ensure you receive the title on the property. The attorney performs a complete title search,  including the chain of ownership to ensure this seller has the right to sell, and that no others are waiting to take possession of the property. This search will also reveal...

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Familiar Emergency Number in Mexico, As 9-1-1 Comes into Effect

  North American expats are familiar with calling 9-1-1 for emergencies; now it is easy to access emergency services in many states of Mexico, including Quintana Roo.  According to The Federal Telecommunications Institute IFT, 16 states across Mexico will migrate all emergency phone numbers over to 9-1-1,  on October 3, 2016.  It is expected the remaining states of Mexico will begin the migration over to 9-1-1 in January 2017 and scheduled to be fully migrated by June 2017. The first states to migrate to 9-1-1 are Quintana Roo, Baja California, Coahuila, Colima, Chiapas, Chihuahua, Durango, Guanajuato, Morelos, Nayarit, Nuevo León, Oaxaca, Sonora,...

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Expats and Capital Gains Tax on Mexican Real Estate

  Who is Considered a Taxable Resident? When we talk about taxes in Mexico, it is important to know if you fall under the category “Taxable Resident,” According to the Mexican Tax Code a foreigner is considered a Mexican Tax resident if: You have established a place of residence in Mexico; If you also own a home in Mexico and another country, you will be considered a tax resident of Mexico if your center of vital interests are in Mexico; or more than 50 percent of your total income is derived from Mexican sources; and your primary professional activities are carried out in...

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5 Ways to Ensure Peace of Mind Living in Mexico

Be Legal Many foreigners do not complete their immigration process and continue to come and go as tourists. This adds extra stress and risk entering Mexico, foreigners who travel to other borders such as Belize may end up paying a bribe to come back into Mexico with another tourist visa. Immigration officers appear at random checkpoints on the highway and other public locations checking for illegal residents. To avoid the anxiety and possible deportation, speak to Adriana@mexlaw.ca about the benefits of being legal in Mexico. Be Insured It is essential for your peace of mind to have medical insurance; there are first-rate...

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Foreigners Receive Residency in Mexico Under Family Unity

Permanent Residency is granted to individuals who intend to reside in Mexico indefinitely. Approval is based on several qualifications and may be applied for under a few different categories, one being Family Unity. Permanent Residency Visa based on Family Unity offers the opportunity for foreigners with a child born in Mexico to obtain Permanent Residency. Foreigners with a Mexican spouse or select family members can become a Temporary or Permanent Resident without providing financial records or leaving Mexico to begin the procedure. Foreigners may apply for Permanent Residency (Residente Permanente) in Mexico if the foreign applicant is: The parent of a...

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