Escrow 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] As an investor, it is vital to consider how your payment or deposit will be held during the completion of mutual obligations in any contract. Escrow services provide a neutral third party which holds the funds in compliance with the instructions of all the parties to an agreement. Neither party may access the funds until all of the obligations of the parties are satisfied. Mexican lawyers, Notaries and real estate agents cannot legally hold funds “In Trust.” Mexico does not have the Escrow Services which are available in Canada or the US. In Mexico, funds are customarily held...

05 March

0 Comments

Sticky

Personal Injury

Posted by Mexlaw

[vc_row triangle_shape="no"][vc_column][mkd_separator type="full-width" color="#c18f59" border_style="solid" thickness="2" top_margin="15" bottom_margin="15"][vc_column_text] MEXICO’S MOST RESPECTED AND REPUTED PERSONAL INJURY LAWYERS [/vc_column_text][mkd_separator type="full-width" color="#c18f59" border_style="solid" thickness="2" top_margin="15" bottom_margin="15"][vc_empty_space height="20px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column][vc_column_text] The Personal Injury Lawyers team at MexLaw are dedicated to obtaining a fair and quick compensation for injury victims recovering from tragic incidents. Our team of lawyers, assisted by researchers, expert witnesses and investigators, practice exclusively in Personal Injury and Wrongful Death compensation. If you are seeking just compensation in a professional and timely manner, trust the Personal Injury Lawyers at MexLaw to represent you. Each Personal Injury case is unique and having a highly qualified, experienced Attorney...

02 March

0 Comments

Sticky

Advice From the Accountants at MexTax About Capital Gains

Posted by Mexlaw

in Accounting, MexLaw

Real estate transactions in Mexico typically involve a profit for the seller, and on that profit, the seller is expected to pay capital gains tax. The tax is classified as ISR (Impuesto Sobre la Renta) and applies as an income tax. Whether you are a foreigner or Mexican national, you will be subject to this tax. However, an experienced Mexican accountant can assess your situation and find the best way to reduce or avoid the capital gains tax. Before you complete the sale of your property, you are advised to seek the advice of an accountant in Mexico. The assessment...

02 March

0 Comments

Sticky

Generate Income From Seller Financing

Posted by Mexlaw

in MexLaw, Real Estate

Most people would agree that selling your home is one of the most stressful events in one's life. It is time consuming, emotional, and a lot of work with repairs and touch-ups. Also, the endless housekeeping to make sure it is presentable for viewing at all times and leaving the property each time a realtor calls. It feels as though your life is literally on hold, just waiting for the big sale so you can walk away and begin a new chapter in your life. It is no wonder most of us just want it over and done with it....

14 February

0 Comments

Sticky

Real Estate Guide

Posted by Zoltan

[vc_row triangle_shape="no"][vc_column][mkd_separator type="with-icon" animate="yes" color="#c18f59" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_column_text] Complete Guide to Buying Property in Mexico [/vc_column_text][vc_empty_space][vc_column_text]Foreigners should exercise a higher level of caution and discernment when purchasing property in Mexico. Than being said, it should not discourage you from purchasing property in Mexico. It will probably be the best investment that you will make. Nevertheless, as the saying goes, “buyers beware”.[/vc_column_text][vc_empty_space height="12px"][vc_column_text]It is not enough to ask questions and to read articles on the Internet. Buyers should be aware of what the proper, legal and customary process is in order to purchase property, and any deviation from this process should be...