Top 5 Considerations When Buying Real Estate in Mexico

Posted by Mexlaw

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...

08 August

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Last Will And Testament of a Foreigner in Mexico

Posted by Mexlaw

in Legal Services, Mexican Will, MexLaw

It is important to understand it may be difficult for your loved ones to deal with your estate if you do not have a Mexican Will. Residence of Mexico, primarily property owners, should consult a Mexican attorney regarding their estate planning. Is a Canadian or American Will valid in Mexico if it includes my Mexican real estate and valuables? Although your foreign Will is valid in Mexico, the time and expense it takes to have it verified and processed will cause your family undue stress and expense. The problem is getting these documents recognized, American documents need to be apostilled, and notarized in...

08 August

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How to Renew Your American Passport Without Leaving Mexico

Posted by Mexlaw

in Immigration, MexLaw

Save time and money by renewing your American passport through the local U.S. Consular Agency. Here is a guideline to get your process started. It is important to realize this process may take up to 3-4 weeks, be aware of your passport's expiry date. Quick Steps to Renew Your Passport Make an appointment with the U.S. Consular Agency in Playa del Carmen by phone or email. Include the service you require, your contact information and preferred appointment time. Be sure to complete your application before your appointment, including your social security number and a local Mexican address. The permanent address field on...

08 August

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Common Questions About Mexican Family Law

Posted by Mexlaw

in Legal Services, MexLaw

If you are a foreigner and married, living common-law or raising a family in Mexico, you should understand the family laws you may face here. Find out how the laws and procedures may differ from Canadian and American family law. Here are some of the most common questions foreigners have about family law in Mexico. How are the family assets divided in Mexico during a divorce? Typically the division of assets is 50/50, but it is important to note that the judge basis the division only on the assets that were acquired by the couple during the marriage, no matter which person brought...