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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...

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19 October
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Top 10 Questions Foreigners Ask About Buying Mexican Real Estate

Posted by Mexlaw
in MexLaw, Real Estate

  These are 10 of the most common questions our real estate attorneys at MEXLAW hear on a daily basis; they are the experts when it comes to helping foreigners buy Mexican real estate. Is it safe to buy real estate in Mexico? Yes, but it is crucial to use a Mexican real estate attorney to ensure you receive the title on the property. The attorney performs a complete title search,  including the chain of ownership to ensure this seller has the right to sell, and that no others are waiting to take possession of the property. This search will also reveal...

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05 October
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Expats and Capital Gains Tax on Mexican Real Estate

Posted by Mexlaw
in MexLaw, Real Estate

Who is Considered a Taxable Resident? When we talk about taxes in Mexico, it is important to know if you fall under the category “Taxable Resident,” According to the Mexican Tax Code a foreigner is considered a Mexican Tax resident if: You have established a place of residence in Mexico; If you also own a home in Mexico and another country, you will be considered a tax resident of Mexico if your center of vital interests are in Mexico; or more than 50 percent of your total income is derived from Mexican sources; and your primary professional activities are carried out in...

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29 August
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Top 5 Considerations When Buying Real Estate in Mexico

Posted by Mexlaw
in Real Estate

Buying a new home is a major decision it is both an exciting and a stressful experience, these are 5 points you need to investigate before you buy. Consider The Resale Value Do not fall in love with a property before you do your homework regarding its potential resale value. Some experts say you need to think like a seller, not a buyer. Check out the market trends in the neighborhood, what developments or changes are planned for the area? The reputation of a community will affect the resale value of a home, Investigate the crime in the area, and traffic...

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24 August
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Why You Should Invest in Tulum Real Estate Now

Posted by Mexlaw
in Real Estate

Tulum real estate is getting worldwide attention as a safe, attractive investment opportunity. It was named as #1 destination on the rise for 2016 by TripAdvisor and recognized as one of the top beaches in the world. Investopedia lists Tulum as one of the six best places in the world to buy a winter home. Tulum is a small beach town about 90 minutes South of Cancun and just 45 minutes from Playa del Carmen. Tulum is reminiscent of the way Playa del Carmen was just 15 years ago; Playa was a small fishing village which has quickly grown into an...

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