(855) 851-5000

Call Us (CANADA / USA TOLL FREE)

Facebook

LinkedIn

Instagram

Search
 

Blog

Mexlaw, the experts in real estate law in Merida, the city with infinite possibilities

Merida is one of the few cities in Mexico experiencing growth during these difficult times, and is gaining a well-earned reputation for being a forward thinking, innovative and technologically advanced city which offers opportunities for growth to many businesses and industries. Strategically located in close proximity to the major markets of Mexico itself, the USA and Latin America, with excellent connectivity by road, sea and air, Merida, and the state of Yucatan in general, have become attractive propositions in the business sector, especially since the city is considered to be one of the best places to live in Mexico. It is...

Continue reading

Points to consider when choosing a litigation attorney in Mexico

Investing in Mexico is an attractive proposition and nine times out of ten it is a very positive experience, however there may be occasions when you need the help and advice of local legal experts who can protect your interests and be with you all the way during any kind of legal dispute. When you find yourself involved in such a dispute it’s good to know that you have someone competent to represent you. You need an experienced, ethical, and reliable lawyer that you can trust. This is where MexLaw comes into action with our litigation team. Our lawyers will...

Continue reading

MexLaw’s legal services are now available in Los Cabos

MexLaw is pleased to announce the opening of our new office in Los Cabos, a favored location with both tourists and real estate investors from the United States and Canada. The colonial town of San Jose del Cabo, the modern tourist resort of Cabo San Lucas and the 20-mile tourist corridor that connects them, offer multiple and varied options for real estate investment. MexLaw is a reputable and well-established international law firm, and our team of legal experts in Los Cabos offer you a combination of the experience we have gained over the years in the Riviera Maya, Mexico’s Pacific...

Continue reading

How the COVID-19 Pandemic Changed the Way We Work

While working remotely has been commonplace in some countries, the COVID-19 pandemic saw workers across the globe working from home in unprecedented numbers. And while the pandemic has been devastating for millions, it has also created opportunities for improving the way we work and live. Let’s take a look at just a few of these benefits. Benefits of Remote Work - Shorter commute times: Depending on where you live, your commute may have consumed a few hours of your day - every day! Remote work means no commute. No commute means less wear and tear on your car, less money spent on...

Continue reading

2021 Financial Requirements for Temporary and Permanent Residency in Mexico

Each year, Mexico increases the financial requirements to obtain either temporary or permanent residency. We have outlined the most commonly asked about residency types and this year’s financial requirements. How is the requirement calculated? There are two different ways that Mexican Consulates and Mexican Immigration offices may determine the financial requirements for residency. Note: Each consulate and office are different. Before you schedule your appointment with your local Mexican Consulate, you should always check the requirements on their website. ✓ Based on the Mexican daily minimum wage ($141.70MXN). OR ✓ Based on the daily UMA (Unidad de Medida y Actualización) rate ($89.62MXN). UMA...

Continue reading

Renewing Your U.S. Passport While Living Abroad

If you are a U.S. Citizen living abroad, you may need to have your passport renewed. The good news is that you do not need to return to the U.S. to do this. The bad news is that, unlike in the U.S., you will have to request the new passport in person. But, don’t worry, the process is very easy, and the staff at the U.S. Embassy, U.S. Consular Generals, and U.S. Consular Agents make renewing your adult 10-year passport relatively pain free. Please note: While the U.S. Embassy, Consular Generals, and Consular Agents are slowly beginning to resume normal operations...

Continue reading

Buying Property in Mexico: Fideicomiso or Corporation?

If you are considering buying a property in Mexico, there is more to think about than just the price and location. You need to consider how you will be using the property. Will you be using it for vacations for you, your family and friends? Or will you be purchasing it as an investment with the plan of renting it out. Why does it matter? Because knowing how you will use the property will help you determine what legal process you should use to obtain the property - A fideicomiso (bank trust) or a Mexican Corporation. Fideicomiso (Bank Trust) All foreign individuals...

Continue reading

Closing Costs in Mexico: What to Expect

Congratulations! You found your dream home in Mexico, and you are ready to put in an offer. But, your lawyer just gave you the breakdown of the estimated closing costs, and you are feeling a bit shocked! Why are the closing costs much higher than you are used to in the United States and Canada? Closing Costs: What to Expect? You should expect to pay the following fees when closing on a property in Mexico: Notary Fees In Mexico, any legal acquisition of property must be administered through a Notary. A Notary (Notario Publico) in Mexico is an experienced lawyer, selected and appointed by...

Continue reading

What is the importance of registering a trademark?

For the consumer, the brand is what distinguishes one product from another, regardless if it is closely related or even if the products offered are of the same type.  This creates brand loyalty which is a valuable asset reflected in the financial statements of a business under the category “goodwill” or “intangibles”. That brand is what will ultimately generate in the public that awareness of quality of the product or service that is being offered.  It will make a different impression from the rest of the products of the competition. Therefore, the registration of the trademark and its corresponding logo is an...

Continue reading

Buying Mexican Real Estate – Some Common Real Estate Terms

Closing Date The closing date or completion date is the day the property is transfer to the buyer, and the title deed is signed. Condominium Regime This document granted by a Notario Publico and recorded in the Public Property Registry. It contains all the rules and regulations for the development as well as legal matters regarding the complex. The buyers will not receive the title until the regime is registered. Notario Publico A Notario Publico is a licensed attorney, certified, and appointed by the government. The notario acts as an official representative of all parties of the transaction. They do not represent only you; you...

Continue reading