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Real Estate

MEXLAW > Real Estate (Page 10)

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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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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Cautionary Advice About Ejido Land For Foreigners Looking To Invest In Mexico

You may hear of foreigners having issues with their Mexican property; chances are the property they purchased belonged to Ejido. Ejido (pronounced eh-hee-dough) was a product of the Mexican Revolution of 1910; it is a collective communal organization, and the land was lent to the people to use for farming and raising their families but remains owned by the government and regulated by Agrarian Law. One of the primary objectives was to break up large stretches of privately owned land, into smaller lots, return the land to the people and ensure poor farmers had property to work. These parcels of land...

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Our Favorite Top 10 Reasons to Retire in Mexico

There are many top 10 lists on why you should retire in Mexico, but the truth is there are too many reasons to list. It is paradise, plain and simple, but what other benefits are there to retiring in Mexico? Here are some of our favorites: In the Riviera Maya, we need to mention the Caribbean ocean with the world's most beautiful white sand beaches and turquoise water, along with warm weather all year around, these factors will affect your ability to slow down and relax.  Mexico is close to home; it is within close proximity to Canada and the...

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The Cost of Living in The Riviera Maya

It seems hard to believe you can have a better life and live close to the Caribbean sea for less money than you pay now. Life in the Riviera Maya costs less, of course, this depends on your lifestyle, but you will receive more for your buck here in Mexico. You will afford some of the luxuries you may not be able to afford in the rest of North America. For example, two people living on $2000 USD a month can afford to rent a beautiful condominium near the beach, with all the amenities you dream of, including a swimming pool,...

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