27 April

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What is the Future of Mexico’s Drug Laws?

Posted by Mexlaw

Deadly clashes between drug cartels have generated increased violence in Mexico. With targeted murders on the rise, some propose the legalization of drugs to help end the violence. Some are optimistic that the drug laws of Mexico will change. On April 11 the Supreme Court of Mexico granted a new Amparo in favor of personal use of recreational marijuana. The Amparo was added to the 2016 resolution which declared absolute prohibition of recreational use unconstitutional. The case stated that the prohibition of cannabis violates the human right to the free development of personality. This right to the development of personality...

16 April

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Save on Taxes and Increase Donations for Your NonProfit Through Incorporation

Posted by Mexlaw

in Legal Services, MexLaw

Do you have a passion that has grown into a not-for-profit organization? Your organization may flourish and save money by creating a Mexican corporation. It will benefit from income tax deductions and encourage both local and international financial donors by offering them a tax-deductible receipt. Not-for-profit organizations are defined as social groups who are not seeking or distributing profit, whose operations are separate from government-run programs. The classification of a nonprofit corporation is Asociación Civil (A.C.), defined as a group of individuals united for a definite time, to carry out a joint purpose that is not illegal or of primarily economic...

05 April

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Organ Donation, the Gift of Life in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

We have discussed the subject of dying in Mexico and the importance of a Mexican will, but it is also important to deal with another difficult topic which many people do not discuss with their loved ones, that is becoming an organ donor. National Transplant Center reports that 20,420 people are waiting on an organ or tissue transplant in Mexico. A large percent of those patients are awaiting a kidney transplant. It is very difficult for families of patients in Mexico, often they are expected to find blood donors or organ donors themselves as there are not enough donors or proper...

26 March

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Some Basic Facts About Gun Control in Mexico

Posted by Mexlaw

in MexLaw

Do you know it is illegal to enter Mexico with a firearm without a permit from Secretariat of National Defense? Mexican customs agents do not issue gun permits; this permit must be processed before you attempt to cross the border with any type of firearm or ammunition. Anyone entering Mexico with a firearm or ammunition without a permit could face up to five years in prison. All arms must be registered with the Secretariat of National Defense https://www.gob.mx/sedena in accordance with the Federal Law on Firearms and Explosives. The Directorate of Commercialization of Arms and Munitions (Dirección de Comercialización...

20 March

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Mexico Ranks Number One in Online Real Estate Search

Posted by Mexlaw

in MexLaw, Real Estate

When people living in the US are searching for a second home to purchase, Mexico appears to be the favorite investment location. The real estate website Point2Homes researched the most popular real estate searches of people living in the US and looking for a second home. Their article states that they tracked the Google searches from January 2017 to January 2018. Their research included keywords, homes for sale abroad and in countries in the Americas. The most popular search was Mexico at 63,890 monthly searches from US users. 64,000 monthly searches for real estate in Mexico during 2017, ranking it...

15 March

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Top 8 Reasons to Live in Puerto Vallarta

Posted by Mexlaw

in Immigration, MexLaw

The weather Shake the winter blues and get some sunshine. The Pacific coast of Mexico offers warm weather year round. The Pacific Ocean The ocean is known to revitalize your body, mind, and soul. Put your feet in the sand and let the sea take your worries away. The low cost of living Possibly one of the top reasons people are moving to Mexico is to achieve a lower cost of living. If living in the US or Canada is causing a financial strain, give yourself a financial break come and live in paradise. Everything from real estate to beer is less expensive in...

02 March

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Advice From the Accountants at MexTax About Capital Gains

Posted by Mexlaw

in Accounting, MexLaw

Real estate transactions in Mexico typically involve a profit for the seller, and on that profit, the seller is expected to pay capital gains tax. The tax is classified as ISR (Impuesto Sobre la Renta) and applies as an income tax. Whether you are a foreigner or Mexican national, you will be subject to this tax. However, an experienced Mexican accountant can assess your situation and find the best way to reduce or avoid the capital gains tax. Before you complete the sale of your property, you are advised to seek the advice of an accountant in Mexico. The assessment...

02 March

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Generate Income From Seller Financing

Posted by Mexlaw

in MexLaw, Real Estate

Most people would agree that selling your home is one of the most stressful events in one's life. It is time consuming, emotional, and a lot of work with repairs and touch-ups. Also, the endless housekeeping to make sure it is presentable for viewing at all times and leaving the property each time a realtor calls. It feels as though your life is literally on hold, just waiting for the big sale so you can walk away and begin a new chapter in your life. It is no wonder most of us just want it over and done with it....

19 February

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Good News for Frequent Travelers with Pets

Posted by Mexlaw

in Immigration, MexLaw

Many expats living in Mexico are frequent flyers with their pets and have concerns regarding over-vaccinating them for travel, but now Mexico has established a Frequent Traveler Pet Program. To register for the program apply through SENASICA Servicio Nacional de Sanidad, Inocuidad Calidad Agroalimentaria; they require a health certificate issued by a SENASICA-authorized veterinarian, current rabies vaccine, and treatment against internal and external parasites (within the last six months). Once your pet is registered in this program, Senasica will issue an official entry document for each pet which will contain pertinent data about you and your pet, plus vaccination records and...

19 February

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Relocating Your Pets to Mexico

Posted by Mexlaw

in Immigration, MexLaw

As you are making arrangements for your move to Mexico, do not forget your pets! For many people, the dogs and cats are part of the family and when the family is relocating to Mexico so are the pets. Dogs and cats are welcome in Mexico, and no quarantine is required. Other animals may need special permission; follow the link below. To ensure you have a stress-free and safe trip, consider these points when flying with your pet: the proper documents for your destination, airline breed restrictions, crate size, heat embargos, the pet's weight and size, and the duration of the...

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