Can the Mexican Government Seize my Property?

Posted by Mexlaw

The most common fear we hear from foreigners interested in buying property in Mexico is, Can the government take my property? There are stories in the news about foreigners investing in Mexican real estate to later have it taken from them with no recourse. Using a Mexican lawyer during your real estate purchase will guarantee you title on the property, making it virtually impossible for someone to seize your home. Ejido Land The ejido is property which Mexican Nationals are given the right to use by the government for living and working, typically farming. Do not buy Ejido land, you may be offered...

02 September

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The Roles of The Notario Publico and The Lawyer in Mexican Real Estate

Posted by Mexlaw

in Legal Services, MexLaw

Canadian or American notary public is a public officer who is licensed to serve the public in non-contentious affairs and whose principal duties are to witness and authenticate certain documents, also known as notarization. A Notary may take testimony, affidavits, administer oaths, deal with matters concerning estates and perform other official acts depending on the jurisdiction. The term of notary public refers to common-law notaries. The Difference between a Notary Public and a Notario Publico in Mexico is that the Notary in Mexico is an experienced lawyer who has been selected and appointed by the Mexican state after practicing law, completing...

31 August

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The Cost of Living in The Riviera Maya

Posted by Mexlaw

in MexLaw, Real Estate

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,...

29 August

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Top 5 Considerations When Buying Real Estate in Mexico

Posted by Mexlaw

in Real Estate

Buying a new home is a major decision it is both an exciting and a stressful experience, these are 5 points you need to investigate before you buy. Consider The Resale Value Do not fall in love with a property before you do your homework regarding its potential resale value. Some experts say you need to think like a seller, not a buyer. Check out the market trends in the neighborhood, what developments or changes are planned for the area? The reputation of a community will affect the resale value of a home, Investigate the crime in the area, and traffic...

24 August

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Why You Should Invest in Tulum Real Estate Now

Posted by Mexlaw

in Real Estate

Tulum real estate is getting worldwide attention as a safe, attractive investment opportunity. It was named as #1 destination on the rise for 2016 by TripAdvisor and recognized as one of the top beaches in the world. Investopedia lists Tulum as one of the six best places in the world to buy a winter home. Tulum is a small beach town about 90 minutes South of Cancun and just 45 minutes from Playa del Carmen. Tulum is reminiscent of the way Playa del Carmen was just 15 years ago; Playa was a small fishing village which has quickly grown into an...