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Setting up a corporation in Mexico

Which Corporation will Best Suit Your Needs? In Mexico, the two major types of companies are called the Sociedad  Anónima and the Sociedad de Responsabilidad Limitada. They are basically the equivalent of a Corporation and a Limited Liability Company in the United States. There are other company forms such as the Sociedad Civil, which is similar to a professional partnership that your doctor or lawyer might have for his or her office. There is also the Asociación Civil, which can be compared to a non-profit company. In choosing the best type of Mexican Corporation, we need to take into consideration how many...

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What You Need to Know as a Foreigner with a Child in Mexico

If you have a child in Mexico as a foreigner, it is important that you know about the child support laws and the newest amendment that came into effect as of April 16, 2016. Going forward, anyone who is overdue on their child support payments will be stopped by immigration when they attempt to leave Mexico. With the increasing support of technology and better tracking of debt owed to custodial parents, it will continue to become more difficult for parents that do not make their child support payments to avoid them. More and more children are born into dual nationality families,...

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Immigration to Playa del Carmen

Mainly Canadians and Americans are seeking temporary and permanent visa for residence in Playa del Carmen, as some foreigners decide to buy a home for retirement in Riviera Maya or spend a longer vacation to avoid the chilly temperatures in their hometowns. Adriana Vela, migration specialist from MEXLAW, said that some foreigners who buy property in the Riviera Maya are looking to get their residence because of the advantages, one of which is the exemption from  capital gains tax when selling their property. Adriana Vela said, that the majority of the foreigners who approach the firm she represents , are 60% Canadians...

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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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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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Mexlaw as a speaker

  Thank you Pelican Free Press and Colonos Association at Puerto Aventuras for hosting Mexlaw as a speaker, on the first informative talk about Migration Procedures, on the Puerto Aventuras Speaking Series. P.A.S.S. Puerto Aventuras Speaker Series Puerto Aventuras colonos attended a presentation about Mexico’s new visa programs and process and whether it  should be considered a Temporary or permanent resident Visa “Residente temporal” – “Residente permanente” or work visa.    ...

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Obtaining Temporary Residency in Mexico

In a two part series, Mexlaw walks us through the process of gaining legal resident status When you enter Mexico as a tourist, immigration issues you tourist visa, known as an FMM that entitles you to remain in the country for a maximum of 180 days. To extend your stay, legally, you have to exit the country and re-enter for a new FMM. If you wish to stay in Mexico for longer than 180 days, or you plan to live in Mexico, you will need to apply for a Temporary Residency Visa. The Temporary Residency Visa can be issued for one year,...

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FAQ…HOW TO PURCHASE PROPERTY IN RIVIERA MAYA AS A FOREIGNER

Is it safe for a foreigner to purchase land in Mexico? Property that lies within 50 kilometers (31 miles) of the coastline or within 100 kilometers (62 miles) the borders of Mexico is in what is considered to be the Mexican Restricted Zone. In the past 30 years Mexican laws have changed and are more accommodating to foreigners, including citizens from the United States and all other countries, allowing them to buy, indirectly, the rights to hold and develop or make improvements, to occupy, sell or rent the property. How can I buy real estate within a Mexican Restricted zone if I...

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Oral Trial Courtrooms Open in Playa del Carmen

 

The opening of Playa del Carmen’s first oral trial courtrooms will change the system of administration of justice. Many administration mistakes will be avoided, guaranteeing that criminals will be prosecuted correctly. Parties will be appropriately allowed to present their cases and be judged by the applicable law and facts, without fear of personal interpretations or judgments undermining their case.