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Love, Marriage and Real Estate in Mexico

February 14th marks the annual day of love and romance, and in Playa del Carmen it is also a day of Bodas Colectivas (collective wedding), a mass wedding sponsored by the Solidaridad municipality on Valentine's Day. It will be a beautiful day for many happy couples, and although it is an exciting event in one's life, we have to play devil's advocate and suggest some legal considerations for married couples in Mexico. Permission to Marry a Mexican National Foreigners marrying Mexican nationals require the approval of the Mexican Migration office. The document is called "Permiso para contraer matrimonio con un nacional," and...

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Is Your Mexican Real Estate Agent Licensed to Sell Property?

If you are investing in property anywhere in the world, it is important to hire professionals to assist you with your purchase and ensure your investment is protected. In the past, anyone in Mexico could claim to be a real estate agent or rental agent, there were no licenses or regulations in place. In the state of Quintana Roo, one of the fastest growing real estate markets in Mexico, new real estate regulations have been imposed. The new license requirements were published on July 6, 2014. Although the law has been in effect for a few years now, it has...

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Real Estate Purchase and a Bank Trust Assignment of Rights

Foreigners buying property in the restricted zone of Mexico are required to purchase through a (fideicomiso) bank trust. In some cases, the buyer will take over an existing bank trust. This is known as an Assignment of Rights (Cesion de Derechos) and depending on the amount of time left on the existing trust, you may be advised as the buyer to take over the trust rather than pay set-up costs to create a new trust. In order to create a new trust, there will be added fees and the cost of extinguishing the current trust. Anytime a person accepts to carry...

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Investing in Mexican Real Estate using your IRA

A Guide for U.S. Citizens and Realtors Opportunities exist for account holders to utilize retirement account funds for alternative investments. It is estimated that there are approximately $7.6 trillion invested in IRA accounts. Roughly 47% of the funds are held in mutual funds while the amount held in alternative assets such as foreign real estate is thought to be less than 2% of all IRA assets. IRAs Accessible to All Since the IRA was established in 1974, investing in alternative assets has been permitted by the IRS. Despite this fact, few Americans realize that they can use their self-directed IRAs to invest in...

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Mexlaw Real Estate Summit 2017

[vc_row triangle_shape="no" css=".vc_custom_1503607171219{padding-top: 50px !important;padding-bottom: 50px !important;}"][vc_column width="1/4"][/vc_column][vc_column width="1/2"][vc_column_text] English version [/vc_column_text][/vc_column][vc_column width="1/4"][/vc_column][/vc_row][vc_row triangle_shape="no" css=".vc_custom_1503608169152{padding-bottom: 50px !important;}"][vc_column][vc_column_text] Visite nuestra galeria en Facebook. [/vc_column_text][vc_column_text] Descargue la presentación de Charles Tibshirani / MexLaw en PDF. [/vc_column_text][/vc_column][/vc_row][vc_row row_type="parallax" full_screen_section_height="no" parallax_background_image="5064" triangle_shape="no" css=".vc_custom_1499450073315{border-bottom-width: 100px !important;}"][vc_column][vc_empty_space height="20px"][vc_row_inner content_width="grid" css=".vc_custom_1499444965483{padding-top: 60px !important;}"][vc_column_inner][vc_column_text] GRACIAS A NUESTROS PATROCINADORES [/vc_column_text][vc_empty_space height="20px"][vc_empty_space height="20px"][mkd_carousel carousel="sponsors" type="row" orderby="date" no_of_items="6" autoplay="yes" padding="9"][vc_empty_space height="20px"][vc_empty_space height="20px"][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row content_width="grid" triangle_shape="no" css=".vc_custom_1499439658685{padding-top: 30px !important;padding-bottom: 60px !important;}"][vc_column width="1/6"][/vc_column][vc_column width="2/3"][vc_column_text] MexLaw es una firma legal internacional con sede en México, propiedad de abogados canadienses asociados con abogados mexicanos. Nuestra misión es guiarle a través del mundo de las transacciones inmobiliarias internacionales. Nuestro equipo legal cubre una gran variedad de áreas del...

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