10 Reasons Foreigners Should Consider Forming a Mexican Corporation

Posted by Mexlaw

Foreign individuals looking to invest and do business in Mexico will do so through the incorporation of a Mexican company. If you are ready to relocate to Mexico but not quite ready to retire, read on to learn 10 reasons why creating a Mexican Corporation may be the right choice for your investment. A Mexican Corporation has legal rights as if it was Mexican entity to acquire property anywhere in Mexico, including real estate within the restricted zone 100 km of the border or 50 km from the coast. No need for a bank trust, Fideicomiso. A Mexican corporation...

24 October

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Temporary Import of a Foreign Plated Vehicle in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

There are few important things you need to understand if you are driving your vehicle into Mexico and plan to stay awhile. A foreign plated car in Mexico will require a temporary import permit. The permit will be valid for 180 days (the same as your tourist visa) If you are arriving in Mexico on a Temporary Resident Visa your car's permit will be as valid as long as your Temporary Resident Visa is valid. Your vehicle will be credited with an official document issued by Immigration. Once you enter Mexico you will pay a processing fee, approximately $44 USD, if...

29 September

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The Constitutional Rights of the LGBT Community in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

Despite the recent “pro-family” marches across Mexico, protesting against same-sex marriage, Mexico continues to move toward marriage equality, and the definition of “Family” to include same-sex couples. Same-sex weddings have been legal in some states of Mexico since 2010. On June 3, 2015, there was a ruling in Mexico's Supreme Court, declaring all states must recognize marriages between same-sex couples. The court ruled in a decision published on 19 June that laws restricting marriage to a man and a woman were unconstitutional. On 17 May 2016, President Nieto announced he had signed an initiative to amend the Mexican Constitution, to acknowledge as a...

07 September

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Signing a Rental Contract in Quintana Roo

Posted by Mexlaw

in Legal Services, MexLaw

Although there are laws in place to protect tenants and property owners, Mexican rental agreements have few regulations, allowing a rental contract to be somewhat open to negotiation between the landlord and the tenant. Once you have agreed on a price and duration of the rental agreement, you should have a contract drawn up with the owner or their representative. It is not necessary to have the agreement notarized as it is a legal document if the tenant and the landlord have signed the contract. A rental agreement is a private legal contract, and it will grant the temporary tenant use of...

05 September

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Can the Mexican Government Seize my Property?

Posted by Mexlaw

in Legal Services, MexLaw

The most common fear we hear from foreigners interested in buying property in Mexico is, Can the government take my property? There are stories in the news about foreigners investing in Mexican real estate to later have it taken from them with no recourse. Using a Mexican lawyer during your real estate purchase will guarantee you title on the property, making it virtually impossible for someone to seize your home. Ejido Land The ejido is property which Mexican Nationals are given the right to use by the government for living and working, typically farming. Do not buy Ejido land, you may be offered...