The Ejido, a Mexican Concept Misunderstood by Foreigners

Posted by Mexlaw

Plots of land located near the beach, specifically in Playa del Carmen, Cancún, Puerto Vallarta, Oaxaca, and the Riviera Nayarit are most likely part of an Ejido. Foreigners frequently ask, “What is the significance of an Ejido property and why am I prohibited from buying land there?” An Ejido or ‘propiedad comunal’ is an area of communal land mainly used for agriculture, on which community members farm designated plots and collectively maintain communal holdings. While this was the original intention and was once an accurate description of Ejido activity, today many Ejido properties are abandoned, with no farming activity taking place. Why...

09 August

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Diversifying Tourism in The Riviera Maya with Dora The Explorer and Shrek

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

Is the Riviera Maya ready for the Ninja Turtles and Spongebob Squarepants? They are coming soon. Nickelodeon plans to open a family themed all-inclusive resort in the Riviera Maya by December 2017 or early 2018. The construction of this complex has generated 1,800 jobs, so far. The beachfront resort will cater to children and their families and will feature swim up suites, slime machines, Nickelodeon characters, a child-friendly spa, zip lines, pools, and a theater. The Riviera Maya will be Nickelodeon's second theme park resort; the first is located in Punta Cana, Dominican Republic. The 440-room hotel offers cartoon themed suites...

19 July

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Better Safe Than Sorry: Are You Prepared for Hurricane Season?

Posted by Mexlaw

in Insurance, MexLaw

It is hard to imagine with the beautiful weather we are experiencing here in Mexico that it is hurricane season. Hurricane season begins June 1 through the end of November. Typically, we only experience sporadic wind and rain, but we have to be aware how quickly mother nature can turn. If you are traveling to Mexico during hurricane season, you will want to purchase travel insurance. If you live near the coast in Mexico, here are some precautionary steps to consider. Insurance First of all, is your home and vehicle insured? Keep in mind most home insurance policies do not include...

14 July

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Puerto Vallarta & Riviera Nayarit Real Estate Summit 2017 – Presented by MexLaw

Posted by Mexlaw

in Conference, MexLaw

WELCOME ALL REALTORS, DEVELOPERS, AND EXPATS FROM PUERTO VALLARTA AND RIVIERA NAYARIT, MEXICO! MEXLAW is pleased to present The Real Estate Summit in Puerto Vallarta, Mexico. This one-day event is a great platform with a broad range of specialists in the Real Estate field sharing their knowledge and experiences through 30-minute conferences about today's most relevant topics in the market. Join us at the HILTON PUERTO VALLARTA RESORT, SALON VALLARTA on August 22, 2017, from 9:00 A.M. to 2:00 P.M. Key Speakers and Topics: Charles Tibshirani – MEXLAW- Utilizing your pension fund to purchase property. Maria Del Carmen Macías- MEXLAW- ESCROW...

21 June

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Real Estate Financing For Foreigners in Mexico

Posted by Mexlaw

in MexLaw

Cabo Secured Lending can help you realize your dream of owning property, whether its for a single family residence, condo, or property for development Mexico is home to the largest number of Americans living outside the United States. Many Americans and foreigners from all over the world come to Mexico to invest in property. Purchasing Mexican real estate offers many advantages, one being having a home in Mexico which will practically pay for itself while having the potential to appreciate in value. Whether your intentions are to snowbird in Mexico and rent it out the remainder of the year or invest...