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Escrow Services in Mexico: Is Your Financial Transaction Secure?

Congratulations! You’ve decided to make an investment in Mexico and you’re being asked to transfer money into the personal bank account of your realtor, lawyer, or developer. While this is a common occurrence during large financial transactions in Mexico, it is definitely not the secure way....

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Breach of Contract in Mexican Real Estate Transactions: Preparing for Litigation

Real estate in Mexico’s tourist areas is a popular investment option for foreigners. Demand for investment properties has been met with a significant increase in new development. However, there are several risks to consider when investing in a property that is still under construction....

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Find the legal advice you need to start your new life in Los Cabos

Los Cabos is a very attractive proposition in many ways. Not only is it an ideal destination for regular vacationers, with beautiful beach, sea and desert landscapes, but it is also a retirement haven for US and Canadian citizens, offering a diverse range of excellent options. The most essential spots in the area are Cabo San Lucas and San Jose del Cabo, which are joined by a 20 mile stretch of road that runs along an area known as the “tourist corridor”.  Living in Cabo implies tremendous savings for retirees on fixed income to sustain a comfortable way of living,...

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How to Create a LLC or Corporation as a Shareholder in Mexico

When doing business in Mexico you may need to set up a Mexican corporation, and Mexlaw’s team of expert lawyers can lead you through the necessary steps. Mexlaw will show which documents you will have to provide and how to how to fill in the necessary forms. First, you will be required to complete the form in which you will provide your company’s information (the Foreign Legal entity Shareholder): names, shareholders, type of business, etc. In that form you will be asked to attach certain documents; note that MexLaw uses high security decryption to guarantee that your data is secure. We...

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The importance of having legal counseling for real estate transaction in Mexico

As a legal firm specializing in Mexican real estate, we have witnessed countless cases where clients, in the absence of good legal counsel when drawing up a contract, are affected by situations related mainly to breach of contract or clauses of little benefit to one of the parties. On this occasion we will analyze a particular case where the plaintiff has made a promissory purchase in which use of arbitrations was included, with rules agreed upon by both parties, but without the right to request legal intervention. The controversy is very “square” since in this type of obligation, such as a promissory...

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