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MEXLAW > Blog (Page 7)

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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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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