(855) 851-5000

Call Us (CANADA / USA TOLL FREE)

Facebook

LinkedIn

Instagram

Search
 

Blog

Mexico Ranks Number One in Online Real Estate Search

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...

Continue reading

Top 8 Reasons to Live in Puerto Vallarta

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...

Continue reading

Advice From the Accountants at MexTax About Capital Gains

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...

Continue reading

Generate Income From Seller Financing

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....

Continue reading

Good News for Frequent Travelers with Pets

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...

Continue reading

Relocating Your Pets to Mexico

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...

Continue reading

Do Foreigners Feel Safe Living in Mexico? Testimonials From Expats in Mexico

There is a lot of media sensationalism about the dangers of living in Mexico, but those of us who are living in Mexico have to disagree. Of course, like any country, there are areas you should avoid, and precautions you should take when you are out and about. You should always be aware of your surroundings, but the greater part of Mexico, especially those states catering to tourists and expats are perfectly safe. Every day more foreigners make the decision to move to Mexico. The immigration office in Playa del Carmen reports that they process an average of 60 new procedures a day.

Recognizing a Timeshare Resale Scam in Mexico

Mexico’s weather, beaches and lower living expenses have captivated many vacationers. In addition, the dream of owning a second home in paradise makes visitors easy targets for timeshare sales agents. Before they know it, they are swept away by the possibilities and wind up signing on the dotted line and purchasing a timeshare in Mexico. Once the excitement wears off some buyers may have regrets. Luckily there is a small safety net in Mexico - a five-business-day grace period in which to cancel a timeshare contract (despite what the salesperson tells you). However, if the grace period has passed by the...

Continue reading

Avoiding Online Real Estate Scams in Mexico

Researching properties online is a great way to get an overall view of available properties in Mexico. It is exciting to search and dream about purchasing one of the amazing vacation homes featured on the net. The internet is also a great tool to search for the most popular areas, or if you prefer the most secluded properties and obtain the general price range of your new home. However, there are many online real estate scams, here are a few pointers from our Mexican Real Estate Legal Team on how to avoid them. Do not engage with an online “seller”...

Continue reading

Love, Marriage and Real Estate in Mexico

February 14th marks the annual day of love and romance, and in Playa del Carmen it is also a day of Bodas Colectivas (collective wedding), a mass wedding sponsored by the Solidaridad municipality on Valentine's Day. It will be a beautiful day for many happy couples, and although it is an exciting event in one's life, we have to play devil's advocate and suggest some legal considerations for married couples in Mexico. Permission to Marry a Mexican National Foreigners marrying Mexican nationals require the approval of the Mexican Migration office. The document is called "Permiso para contraer matrimonio con un nacional," and...

Continue reading