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Legal Services

MEXLAW > Legal Services (Page 2)

Top 8 Reasons Foreigners Purchasing Real Estate in Mexico Hire a Lawyer

Red Tape There are several procedures to complete, information to verify, and the process may be intimidating if you do not speak Spanish or have the proper representation. Your lawyer will deal with the various government agencies so you can avoid all the red tape, including, obtain the current cadastral (property survey) and submit the permit to the Mexican Ministry of Foreign Affairs. Coordinate the parties involved in the transaction, make arrangements with the banks, notary, and the seller. Only in Your Best Interest The notario is an experienced lawyer licensed by the Federal Government and the State, but the notario is...

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The First Steps of Moving to Mexico, Visa Process Step by Step.

You have decided to relocate to Mexico; do you know how long you want to stay? If you have already fallen in love with Mexico and know you want to stay indefinitely and you have a sufficient monthly income or substantial assets you may want to apply for Visa de Residente Permanente – Permanent Resident Visa. A Permanent Residency never expires, and you may enter and exit Mexico as you please. If you are still checking it out, but want to remain in Mexico more than 180 days you should apply for Visa de Residente Temporal – Temporary Resident Visa. This...

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One Million Dollar Wrongful Death Case Settled in Mexico

MexLaw recently settled a wrongful death claim out of court for one million USD; this is one of Mexico's largest out of court settlements in history. The case was settled to the mutual satisfaction of all parties within nine months. When tragedy touches your life, you need a litigation law team that can obtain the fair restitution you deserve. Trials can drag on for years, they are costly and emotionally draining and delay the healing time of the victims. This tragedy took place in Mexico, making it extraordinarily unusual that the settlement was this substantial since in most cases the...

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Several Large Hotel Developments Demonstrate Continued Growth in Mexico’s Tourism Industry

Mexico’s Secretary of Tourism reported 40 million tourists visited Mexico in 2017, and 10.6 million tourists arrived during a record-breaking first quarter of 2018. Tourism in Mexico continues to grow; it is no wonder some of the largest hotel and travel companies continue to invest millions of dollars in Mexico. This week Air Transat announced their plans to develop a hotel chain in the Riviera Maya. Air Transat is a leading international tourism company based in Montreal, Canada. They have purchased property in Puerto Morelos in the Riviera Maya 20 minutes from Cancun to develop a beachfront resort. They have also...

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Foreigners Buying Real Estate in Mexico are Advised to Hire a Mexican-Based Lawyer

Mexico's real estate market is diverse and robust and if purchased through the correct channels, a secure investment. The Mexican real estate market continues to flourish offering excellent ROI in the form of vacation rentals, appreciation for investors and a better lifestyle with affordable luxury housing for your retirement. Foreigners can purchase property in Mexico however, there are restrictions regarding buying property within the restricted zone, which is any property within 50 kilometers from the coast or 100 kilometers from the border. Foreigners may purchase property within restricted zones, provided it is held in a fideicomiso (bank trust), or the buyer can...

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