Tourists Should Be Aware Of These Basic Laws Before Visiting Mexico

Posted by Mexlaw

What better way to spend your vacation than on a Caribbean beach in Mexico. Vacationing in Mexico portrays an illusion that traditional laws and rules do not apply, Mexico is regarded as a vacation destination where you can let loose, with no boundaries and no consequences, think spring break in Cancun. However, you should be aware that the local laws apply to you as a visitor as they do to all Mexican citizens, and it is your responsibility to respect them. If you commit a serious felony, your country or consulate cannot interfere in the Mexican legal or judicial processes....

14 November

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

Posted by Mexlaw

in MexLaw, Real Estate

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...

02 November

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10 Reasons Foreigners Should Consider Forming a Mexican Corporation

Posted by Mexlaw

in Legal Services, MexLaw

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...

31 October

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MEXLAW Escrow Service Protects Your Real Estate Investment in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

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...

26 October

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Citizenship by Naturalization for Foreigners Choosing to Live in Mexico

Posted by Mexlaw

in Immigration, MexLaw

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...