FAQ…HOW TO PURCHASE PROPERTY IN RIVIERA MAYA AS A FOREIGNER

Posted by Mexlaw

Is it safe for a foreigner to purchase land in Mexico? Property that lies within 50 kilometers (31 miles) of the coastline or within 100 kilometers (62 miles) the borders of Mexico is in what is considered to be the Mexican Restricted Zone. In the past 30 years Mexican laws have changed and are more accommodating to foreigners, including citizens from the United States and all other countries, allowing them to buy, indirectly, the rights to hold and develop or make improvements, to occupy, sell or rent the property. How can I buy real estate within a Mexican Restricted zone if I...

03 December

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Oral Trial Courtrooms Open in Playa del Carmen

Posted by Mexlaw

in MexLaw, Real Estate

The opening of Playa del Carmen’s first oral trial courtrooms will change the system of administration of justice. Many administration mistakes will be avoided, guaranteeing that criminals will be prosecuted correctly. Parties will be appropriately allowed to present their cases and be judged by the applicable law and facts, without fear of personal interpretations or judgments undermining their case.

03 December

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INVEST IN MEXICO, INDIVIDUALS AND CORPORATIONS

Posted by Mexlaw

in MexLaw, Real Estate

Mexico is a country of emerging economies, rated by prestigious financial publications as China, and often foreigners and companies wonder what is the best way to develop their business in Mexico. From this perspective, it is safe to assume that it would be a profitable place to establish a business either on your own or through a partnership. There is nothing like a good adviser to help you take this step. From the legal point of view, as in most countries, there are two types of legal figures: an individual or a corporation (persona física and persona moral, respectively). An individual...

18 May

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QUICK GUIDE: HOW TO GET ENROLLED BY SEDUVI?

Posted by Mexlaw

in MexLaw, Real Estate

In this article you would find everything you need to get enrolled by SEDUVI and comply with the new law of real estate services. The purpose of this new law is to register every agency, realtors and consultants involved in the real estate industry in the area. In order to operate in the business, everyone must be accredited and enrolled. Those who fail to do so will be subject to severe fines and penalties. The SEDUVI is not requiring any courses to be taken in the present year. The only requirement by SEDUVI so far is that the enrolled agent or agency...

18 May

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THE ASIAN GIANT SETS EYES UPON CANCUN

Posted by Mexlaw

in MexLaw, Real Estate

China is nowadays the world’s second largest economy, with over a billion inhabitants. China is an emerging economy with huge potential growth, with a constant upcoming of their middle class, with a bigger and better expenditure capacity every day; these new middle-upper classes wish to get abroad. Just as Europe has been one of the main destinations for Chinese tourism, Latin-America has been an attractive pole for Chinese capital investment, partnering with countries such as Mexico, Brazil, Chile, Costa Rica, etc. The number of countries has been significantly increasing and so have the foreign investments, which accounted for $102,890 million USD...