Immigration to Playa del Carmen

Posted by Mexlaw

Mainly Canadians and Americans are seeking temporary and permanent visa for residence in Playa del Carmen, as some foreigners decide to buy a home for retirement in Riviera Maya or spend a longer vacation to avoid the chilly temperatures in their hometowns. Adriana Vela, migration specialist from MEXLAW, said that some foreigners who buy property in the Riviera Maya are looking to get their residence because of the advantages, one of which is the exemption from capital gains tax when selling their property. Adriana Vela said, that the majority of the foreigners who approach the firm she represents , are 60% Canadians...

25 April

0 Comments

Sticky

Considerations for Moving to Mexico from the USA

Posted by Mexlaw

in Immigration, Legal Services, MexLaw

A Few things for Americans to Consider When Moving to Mexico Do not come from the USA and expect life to be the same as it is at home. Life is different in Mexico, we enjoy a slower pace and it takes time to adjust. Patience is the key, you must be open and ready to experience a new culture and relaxed lifestyle. When considering a move to Mexico, take time on the ground to figure out where you will live. Whether you are purchasing a home or renting, we would advise that you do not sign a long term rental contract...

25 April

0 Comments

Sticky

Foreigners Doing Business in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

Doing business in Mexico may be just what your company needs to prosper, with lower wages for skilled workers and lower transportation costs since Mexico is situated closer to the US and Canada, than, China or India for example. Location also ensures faster production turnaround time, not to mention ease of communication, and similar time zones. Since, Mexico is a part of The North American Free Trade Agreement NAFTA, between Mexico, Canada and the United States there are many benefits to doing business in Mexico. NAFTA eliminates tariffs between the countries and has built in agreements and legal processes, with international...

11 March

1 Comment

Sticky

Becoming a Naturalized Mexican Through Residency Part 1

Posted by Mexlaw

in Legal Services

First, a slight clarification to last week´s chart regarding temporary vs. permanent residency. The last benefit to permanent residency described permanent status as a good stepping stone to becoming a naturalized citizen. In the Notes column, we were not clear that the word ¨it¨ referred to naturalization or citizenship, not permanent residency. In other words, naturalization or citizenship allows holders to terminate a fideicomiso trust, not permanent residency. The process of “naturalization” or “citizenship” is optional for foreigners who demonstrate legal residence in Mexico for at least the last five consecutive years prior to the application date. Additionally, two years prior...

08 March

0 Comments

Sticky

Canadians Retiring in Mexico 6 Months at a Time

Posted by Mexlaw

in Legal Services, Real Estate

So you want to live in Mexico, but you are not quite willing to give up the comforts of home? Although most Mexican real estate developments are much more luxurious than what we are familiar with back home, such as infinity pools and ocean views, still some Canadians living in Mexico are only spending half their time in Mexico and half in their home country. There are some benefits to this lifestyle, including maintaining your home country’s residency and health care. You may enjoy your summers in your home country and then escape the cold, rainy winters by heading to Mexico,...