Qualify for a Temporary Residency Visa by Investing in Mexico

Posted by Mexlaw

Expats looking to invest in business or purchase property in Mexico will want to have their residence visa in order. Typically you will provide documents proving your income and show that you can support yourself while living in Mexico, but if you are an investor or own real estate in Mexico you may already qualify for a Temporary Residency Visa.

Temporary Residency Visa

This visa is designed for foreigners who intend to stay in the country for more than 180 days and up to four years. The temporary resident card will only be granted for one year. After the first year, temporary residents can apply for one, two or three years renewal of the temporary resident card.

05 January

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Foreigners Living, Retiring or Investing in Mexico, Choosing the Right Attorney

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

The first decision to consider is whether you prefer a local lawyer or an international law firm; both have their advantages, but an international company will offer the same type of service and standards you are accustomed to back home. Keep these points in mind when selecting your attorney: Do they have a proper website and an established office in the area, avoid an attorney that works out of the coffee shop. Seek recommendations from people you know and explore expat forums, you should take their comments with a grain of salt, but you will get a good...

07 November

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Luxurious Living, Investing and Living in the Riviera Maya

Posted by Zoltan

in Real Estate

Spending your life relaxing on the Caribbean ocean, soft white sand beaches, and warm weather is probably reason enough to buy a home in Mexico, but if you are not quite convinced imagine calling a luxurious resort style condo home. Living and Investing in Mexico you will afford the luxury lifestyle which may be out of reach in your hometown. If you have considered investing in Mexican real estate, but worry about the time it takes to look after a property while you are out of Mexico, there are options available to you. One popular option is a condo hotel...

31 October

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MEXLAW Escrow Service Protects Your Real Estate Investment in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

Escrow is a legal process designed to protect the interests of both the buyer and the seller, acting as an impartial third party ensuring security for both sides. That third party should be a trustworthy law firm authorized to handle escrow accounts in Mexico. Real Estate Escrow The seller has assurance the buyer is committed to the purchase by placing money in trust as a deposit. The buyer is protected by ensuring the money is held in trust until the seller provides clear title, and all other stipulations that were included in the contract are complete. The traditional escrow accounts which we are...

14 September

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Cautionary Advice About Ejido Land For Foreigners Looking To Invest In Mexico

Posted by Mexlaw

in MexLaw, Real Estate

You may hear of foreigners having issues with their Mexican property; chances are the property they purchased belonged to Ejido. Ejido (pronounced eh-hee-dough) was a product of the Mexican Revolution of 1910; it is a collective communal organization, and the land was lent to the people to use for farming and raising their families but remains owned by the government and regulated by Agrarian Law. One of the primary objectives was to break up large stretches of privately owned land, into smaller lots, return the land to the people and ensure poor farmers had property to work. These parcels of land...