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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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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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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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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.

INVEST IN MEXICO, INDIVIDUALS AND CORPORATIONS

Mexico is a country of emerging economies, rated by prestigious financial publications as China, and often foreigners and companies wonder what is the best way to develop their business in Mexico. From this perspective, it is safe to assume that it would be a profitable place to establish a business either on your own or through a partnership. There is nothing like a good adviser to help you take this step. From the legal point of view, as in most countries, there are two types of legal figures: an individual or a corporation (persona física and persona moral, respectively). An individual...

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QUICK GUIDE: HOW TO GET ENROLLED BY SEDUVI?

  In this article you would find everything you need to get enrolled by SEDUVI and comply with the new law of real estate services. The purpose of this new law is to register every agency, realtors and consultants involved in the real estate industry in the area.  In order to operate in the business, everyone must be accredited and enrolled. Those who fail to do so will be subject to severe fines and penalties. The SEDUVI is not requiring any courses to be taken in the present year. The only requirement by SEDUVI so far is that the enrolled agent or agency...

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THE ASIAN GIANT SETS EYES UPON CANCUN

China is nowadays the  world’s second largest economy,  with over a billion inhabitants. China is an emerging economy with huge potential growth, with a constant upcoming of their middle class, with a bigger and better expenditure capacity every day; these new middle-upper classes wish to get abroad.  Just as Europe has been one of the main destinations for Chinese tourism, Latin-America has been an attractive pole for Chinese capital investment, partnering with countries such as Mexico, Brazil, Chile, Costa Rica, etc. The number of countries has been significantly increasing and so have the foreign investments, which accounted for $102,890 million USD...

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