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Real Estate Guide

[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...

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Avoiding Online Real Estate Scams in Mexico

Researching properties online is a great way to get an overall view of available properties in Mexico. It is exciting to search and dream about purchasing one of the amazing vacation homes featured on the net. The internet is also a great tool to search for the most popular areas, or if you prefer the most secluded properties and obtain the general price range of your new home. However, there are many online real estate scams, here are a few pointers from our Mexican Real Estate Legal Team on how to avoid them. Do not engage with an online “seller”...

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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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