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Considerations for Moving to Mexico from the USA

A Few things for Americans to Consider When Moving to Mexico Do not come from the USA and expect life to be the same as it is at home. Life is different in Mexico, we enjoy a slower pace and it takes time to adjust. Patience is the key, you must be open and ready to experience a new culture and relaxed lifestyle. When considering a move to Mexico, take time on the ground to figure out  where you will live. Whether you are purchasing a home or renting, we would advise that you do not sign a long term rental contract...

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Foreigners Doing Business in Mexico

Doing business in Mexico may be just what your company needs to prosper, with lower wages for skilled workers and lower transportation costs since Mexico is situated closer to the US and Canada, than, China or India for example. Location also ensures faster production turnaround time, not to mention ease of communication, and similar time zones. Since, Mexico is a part of The North American Free Trade Agreement NAFTA, between Mexico, Canada and the United States there are many benefits to doing business in Mexico. NAFTA eliminates tariffs between the countries and has built in agreements and legal processes, with international...

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Becoming a Naturalized Mexican Through Residency Part 1

First, a slight clarification to last week´s chart regarding temporary vs. permanent residency. The last benefit to permanent residency described permanent status as a good stepping stone to becoming a naturalized citizen. In the Notes column, we were not clear that the word ¨it¨ referred to naturalization or citizenship, not permanent residency. In other words, naturalization or citizenship allows holders to terminate a fideicomiso trust, not permanent residency. The process of “naturalization” or “citizenship” is optional for foreigners who demonstrate legal residence in Mexico for at least the last five consecutive years prior to the application date. Additionally, two years prior...

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Canadians Retiring in Mexico 6 Months at a Time

So you want to live in Mexico, but you are not quite willing to give up the comforts of home? Although most Mexican real estate developments are much more luxurious than what we are familiar with back home, such as infinity pools and ocean views, still some Canadians living in Mexico are only spending half their time in Mexico and half in their home country. There are some benefits to this lifestyle, including maintaining your home country’s residency and health care. You may enjoy your summers in your home country and then escape the cold, rainy winters by heading to Mexico,...

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Canadians Buying Real Estate In Mexico Urged To Use A Trusted Mexican Law Firm

Canadians buying property in Mexico are advised to hire a law firm in Mexico to represent them and protect their investment. There are many attorneys in Mexico, but MexLaw is the only Mexican based real estate law firm that is owned and operated by licensed Canadian and American Lawyers that have partnered with Mexican lawyers. You will have the best of both worlds on your team. Being a law firm in Mexico you will benefit from their business contacts such as health and home insurance providers, accountants, real estate agents and developers, almost everything from decorators to landscapers. Some foreigners wish to...

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