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Real Estate

MEXLAW > Real Estate (Page 5)

Investing in Mexican Real Estate using your IRA

A Guide for U.S. Citizens and Realtors Opportunities exist for account holders to utilize retirement account funds for alternative investments. It is estimated that there are approximately $7.6 trillion invested in IRA accounts. Roughly 47% of the funds are held in mutual funds while the amount held in alternative assets such as foreign real estate is thought to be less than 2% of all IRA assets. IRAs Accessible to All Since the IRA was established in 1974, investing in alternative assets has been permitted by the IRS. Despite this fact, few Americans realize that they can use their self-directed IRAs to invest in...

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The Law of Hidden Defects in Mexico

Hidden defects are an important point in the process of purchasing a property in Mexico. The definition of hidden defects is those possible defects that a property may have, which could not be known to the buyer at the time of purchase. A defect is classified as a "hidden defect" if: It is not obvious and cannot be recognized by a simple inspection. The buyer is unaware of the defect. The property was defective at the time of the sale. The seller is responsible for a hidden defect even if they were unaware of the defect. The seller will be obliged to repair...

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Diversifying Tourism in The Riviera Maya with Dora The Explorer and Shrek

Is the Riviera Maya ready for the Ninja Turtles and Spongebob Squarepants? They are coming soon. Nickelodeon plans to open a family themed all-inclusive resort in the Riviera Maya by December 2017 or early 2018. The construction of this complex has generated 1,800 jobs, so far. The beachfront resort will cater to children and their families and will feature swim up suites, slime machines, Nickelodeon characters, a child-friendly spa, zip lines, pools, and a theater. The Riviera Maya will be Nickelodeon's second theme park resort; the first is located in Punta Cana, Dominican Republic. The 440-room hotel offers cartoon themed suites...

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Foreign Investors in Mexican Businesses Should Consult an Accountant

MexTax Accounting Services Mexican corporations can be 100% owned by foreigner investors enabling them to operate businesses in Mexico. Mexico’s legal system and tax laws for corporations do not discriminate between foreign business operators and Mexican National owned businesses. Foreigners starting a business in Mexico should know the importance of hiring an experienced local accounting adviser. It is well known that small companies, as well as the largest corporations, need an experienced accountant who can provide them with adequate advice regarding their financial, administrative and fiscal needs, to ensure they make the correct decisions concerning their financial and tax obligations in Mexico. Many...

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Get Here Sooner by Investing in a Mexican B&B

How do you escape the rat race, and give up working long days and dreaded commutes? Most people work hard all week and struggle to make ends meet, waiting all year for that one vacation in Mexico to get away and unwind. What if that vacation in Mexico was actually your life? Foreigners who are not financially ready to retire but are ready to enjoy life are investing in a rental property or home big enough to operate a B&B. Get a jump start on your retirement life while the rental income supplements your income. Expats living in Mexico are enjoying...

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