Save on Taxes and Increase Donations for Your NonProfit Through Incorporation

Posted by Mexlaw

Do you have a passion that has grown into a not-for-profit organization? Your organization may flourish and save money by creating a Mexican corporation. It will benefit from income tax deductions and encourage both local and international financial donors by offering them a tax-deductible receipt. Not-for-profit organizations are defined as social groups who are not seeking or distributing profit, whose operations are separate from government-run programs. The classification of a nonprofit corporation is Asociación Civil (A.C.), defined as a group of individuals united for a definite time, to carry out a joint purpose that is not illegal or of primarily economic...

20 March

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Mexico Ranks Number One in Online Real Estate Search

Posted by Mexlaw

in MexLaw, Real Estate

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...

15 March

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Top 8 Reasons to Live in Puerto Vallarta

Posted by Mexlaw

in Immigration, MexLaw

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...

12 March

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Guaranty of Title

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column offset="vc_col-lg-12 vc_col-md-12"][vc_column_text]Buying real estate in Mexico can be a daunting experience, we have all heard stories in the news about foreigners losing their Mexican property. These unfortunate stories could have been prevented if they had purchased their property through proper legal channels. The majority of foreigners who buy Mexican real estate will receive a clear title deed on the property. However, some foreigners neglect to have a lawyer perform due diligence and may never receive the title deed. Foreigners risk losing their investment if they do not hire a reputable law firm to represent them and guarantee they receive...

12 March

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Closing Services

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column offset="vc_col-lg-12 vc_col-md-12"][vc_empty_space][vc_column_text] MexLaw closing services are the most comprehensive in the Mexican real estate market. Closing, also known as completion, is the final step in executing a real estate transaction. At MexLaw we provide our clients with a one-on-one consultation to review the steps of the real estate transaction, answer any questions and provide the client with a closing estimate cost before the process begins. If you are not able to remain in Mexico throughout the closing process, we offer a power of attorney service which will enable us to act on your behalf. MexLaw will conduct due diligence on the...