Achieving Your New Year’s Resolution by Relocating to Mexico

Posted by Mexlaw

People often dream about moving to a foreign country but do not always make it happen; it is our opinion that some of the most common New Year's resolutions could be achieved by relocating to Mexico. We took a look at 10 of the most common New Year's resolutions for 2019, and the best way to keep these resolutions. Save money and spend less It is a well-known fact that Mexico offers a less expensive, better quality of life than the rest of North America. You will spend far less money on housing, condo fees, property tax, food, and transportation....

13 December

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Do I Qualify for Social Security If I Retire in Mexico?

Posted by Mexlaw

in MexLaw

As the number of U.S. citizens applying for residency in Mexico continues to increase substantially, one of the concerns we hear is regarding social security, disability and survivor benefits originating from the U.S. Considering that a monthly social security payment will provide a higher quality of life in Mexico compared to the US, the fear of losing this benefit is understandable. If I retire in Mexico will I lose my social security?No, U.S. citizens can collect social security in Mexico. There are a few countries the U.S. will not send benefits to and your payments are withheld until you return...

10 December

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

Posted by Mexlaw

in Insurance, MexLaw

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...

19 November

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Survey Says…Mérida is the Best Place to Live!

Posted by Mexlaw

in MexLaw

Looking for the safest place in Mexico with an excellent quality of life at an affordable price that you can call home? You will find it in Mérida. Mérida continues to be nominated as one of the best places to live out of 305 cities, leading the index created by the United Nations Organization of cities with a better quality of life. Mérida attracts significant investments both domestically and foreign, and many foreigners seeking a new lifestyle and early retirement are drawn to Mérida. This colonial city is chock-full of culture, museums, and history, but it also offers a low...

19 November

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Points to Consider When Purchasing Land in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

Obtain an Active Cadastral (Property Survey) Ensure the measurements of the property match the those of the cadastral and confirm the property the seller is selling is the same as the legal deed. Infrastructure and Utilities Is the infrastructure in place for new construction? Are utilities and water available? Are there extra fees involved for connecting to water and sewer? Is there internet and tv services available in the area? These services may or may not be relevant to you. Zoning and Permits Research the zoning of the property. Depending on what you plan to build on the property you need to be...