13 December

Sticky

Do I Qualify for Social Security If I Retire in Mexico?

Posted by Mexlaw

As the number of U.S. citizens applying for residency in Mexico continues to increase substantially, one of the concerns we hear is regarding social security, disability and survivor benefits originating from the U.S. Considering that a monthly social security payment will provide a higher quality of life in Mexico compared to the US, the fear of losing this benefit is understandable. If I retire in Mexico will I lose my social security?No, U.S. citizens can collect social security in Mexico. There are a few countries the U.S. will not send benefits to and your payments are withheld until you return...

10 December

0 Comments

Sticky

The Basics of Condo Insurance for Expats Investing in Mexican Real Estate

Posted by Mexlaw

in Insurance, MexLaw

Whether you are buying property in Mexico as a home or an investment, you have already discovered the high investment potential of Mexican real estate and will want to protect it. Some expats have put every cent they have into their new dream home and are looking forward to retiring in the warm weather. There are also expats who think of it as a business, buying one or more vacation rentals that create revenue while they are back home. As a property owner anywhere you need to purchase homeowners insurance to protect your investment, Mexico is no different. One difficulty expats experience...

19 November

0 Comments

Sticky

Survey Says…Mérida is the Best Place to Live!

Posted by Mexlaw

in MexLaw

Looking for the safest place in Mexico with an excellent quality of life at an affordable price that you can call home? You will find it in Mérida. Mérida continues to be nominated as one of the best places to live out of 305 cities, leading the index created by the United Nations Organization of cities with a better quality of life. Mérida attracts significant investments both domestically and foreign, and many foreigners seeking a new lifestyle and early retirement are drawn to Mérida. This colonial city is chock-full of culture, museums, and history, but it also offers a low...

19 November

0 Comments

Sticky

Points to Consider When Purchasing Land in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

Obtain an Active Cadastral (Property Survey) Ensure the measurements of the property match the those of the cadastral and confirm the property the seller is selling is the same as the legal deed. Infrastructure and Utilities Is the infrastructure in place for new construction? Are utilities and water available? Are there extra fees involved for connecting to water and sewer? Is there internet and tv services available in the area? These services may or may not be relevant to you. Zoning and Permits Research the zoning of the property. Depending on what you plan to build on the property you need to be...

18 October

0 Comments

Sticky

One Million Dollar Wrongful Death Case Settled in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

MexLaw recently settled a wrongful death claim out of court for one million USD; this is one of Mexico's largest out of court settlements in history. The case was settled to the mutual satisfaction of all parties within nine months. When tragedy touches your life, you need a litigation law team that can obtain the fair restitution you deserve. Trials can drag on for years, they are costly and emotionally draining and delay the healing time of the victims. This tragedy took place in Mexico, making it extraordinarily unusual that the settlement was this substantial since in most cases the...

11 October

0 Comments

Sticky

Time Restraints and Mexican Immigration

Posted by Mexlaw

in Immigration, MexLaw

These are some of the most common questions we receive regarding immigration and time restraints in Mexico. When I arrive in Mexico as a tourist how long can I stay? As a tourist, you will enter Mexico on a Visitors Permit (FMM) this permit will typically grant you a maximum 180 days which cannot be renewed in Mexico, you must leave the country before it expires. If by chance you overstay your permit, you will be required to report to INM immigration at the airport and pay a fine before you leave. How long do I need to stay out of the...

04 October

0 Comments

Sticky

Economic and Investment Certainty

Posted by Mexlaw

in Immigration, MexLaw, Real Estate

Published: Real Estate Market.com.mx Monday, 01 October 2018 Written by: Ricardo Vázquez At the beginning of the last quarter of the year 2018, in economic and financial matters, it stands out that the main factors of uncertainty have been defused and left behind. The first of these was the federal election, where the broad triumph of Andrés Manuel López Obrador did not generate any post-election conflict, and we are observing a smooth transition so far. The second element is the signing of a new version of the old North American Free Trade Agreement between the United States, Canada, and Mexico, formerly NAFTA, now the United...

28 September

0 Comments

Sticky

Several Large Hotel Developments Demonstrate Continued Growth in Mexico’s Tourism Industry

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

Mexico’s Secretary of Tourism reported 40 million tourists visited Mexico in 2017, and 10.6 million tourists arrived during a record-breaking first quarter of 2018. Tourism in Mexico continues to grow; it is no wonder some of the largest hotel and travel companies continue to invest millions of dollars in Mexico. This week Air Transat announced their plans to develop a hotel chain in the Riviera Maya. Air Transat is a leading international tourism company based in Montreal, Canada. They have purchased property in Puerto Morelos in the Riviera Maya 20 minutes from Cancun to develop a beachfront resort. They have also...

15 August

0 Comments

Sticky

Foreigners Buying Real Estate in Mexico are Advised to Hire a Mexican-Based Lawyer

Posted by Mexlaw

in Legal Services, Mexican Will, MexLaw, Real Estate

Mexico's real estate market is diverse and robust and if purchased through the correct channels, a secure investment. The Mexican real estate market continues to flourish offering excellent ROI in the form of vacation rentals, appreciation for investors and a better lifestyle with affordable luxury housing for your retirement. Foreigners can purchase property in Mexico however, there are restrictions regarding buying property within the restricted zone, which is any property within 50 kilometers from the coast or 100 kilometers from the border. Foreigners may purchase property within restricted zones, provided it is held in a fideicomiso (bank trust), or the buyer can...

14 August

0 Comments

Sticky

MexLaw Seller Assistance Program

Posted by Mexlaw

in MexLaw, Real Estate

Are you selling your property in Mexico? MexLaw can assist you with obtaining the documents you need to sell your property. Dealing with official agencies in Mexico can be frustrating at times and much worse if you are not fluent in Spanish. We do the work for you, and you avoid dealing with the red tape of various service providers and government offices. Our expert accountants can help you reduce or avoid capital gains tax. MexLaw offers three levels of assistance from obtaining the following documents to providing tax and legal advice: Basic Assistance Package Cadastral certificate (official survey of the property) Proof...

Blog