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The Basics of Condo Insurance for Expats Investing in Mexican Real Estate

Whether you are buying property in Mexico as a home or an investment, you have already discovered the high investment potential of Mexican real estate and will want to protect it. Some expats have put every cent they have into their new dream home and are looking forward to retiring in the warm weather. There are also expats who think of it as a business, buying one or more vacation rentals that create revenue while they are back home. As a property owner anywhere you need to purchase homeowners insurance to protect your investment, Mexico is no different. One difficulty expats experience...

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The Legal Process of a Personal Injury Claim in Mexico

Injuries happen without warning, and they can not be scheduled for a convenient time or place. Some injuries occur on vacation in Mexico and as a result, you may lose employment, wages and end up with financial debt for medical treatment and rehabilitation. What if the incident was not your fault? Who is responsible for your loss? You may have a personal injury case on your hands. When accidents happen at no fault of your own, it is hard to think about what you need to do besides getting medical treatment. You need to think about the accident as a...

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Determining a Personal Injury Case in Mexico

If you have experienced an injury, physically, emotionally or financially in Mexico, you may have grounds for a Personal Injury Case. The legal definition of personal injury refers to the harm done to the body caused by someone else’s actions. In the case of injuries occurring in tourist areas, resorts or tourism activities, the Tourism Law for the State of Quintana Roo clearly states that any tourism service provider must implement all necessary security measures to ensure the guest the safe enjoyment and use of facilities, goods, and services offered. You have a claim for compensation and damages in Mexico if...

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Five Important Factors to Consider When Purchasing Insurance in Mexico

Yes, your agent was very nice, or maybe it was the policy´s low cost that attracted you. But, do you really know how your policy works and what you are covered for? There are five things you should know about your policy protecting the most valuable asset of your life: your health. Deductibles and Copays In Mexico, most insurance providers have deductibles per event, not per year. Many people are unaware of this, and you can end up paying several deductibles if you use your policy more than once during the year. Does your policy have copays? A...

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Foreigners Living in Mexico Need Estate Planning

The Embassy of Canada in Mexico recently published a reminder to all Canadians living or working abroad, specifically in Mexico. The focus of the reminder was on Canadians residing in Mexico, but all nationalities are reminded to consider the possibility of passing away outside of their homeland. When a loved one dies while living in another country, it makes an emotional situation even more stressful. Documenting your wishes can save your friends or family a great deal of stress and aggravation. Death is not a subject we enjoy discussing, but in the circle of life it is inevitable, you may as...

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