Are you interested in becoming a partner in a Mexican business or creating your own corporation? It’s important you understand some of the rules and requirements for foreigners investing in Mexico....
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Breach of contract in construction work can occur in Mexico and the most common occurrence is when the contractor does not finish the work as per the contract specifications. ...
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Congratulations! You’ve decided to make an investment in Mexico and you’re being asked to transfer money into the personal bank account of your realtor, lawyer, or developer. While this is a common occurrence during large financial transactions in Mexico, it is definitely not the secure way....
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Los Cabos is a very attractive proposition in many ways. Not only is it an ideal destination for regular vacationers, with beautiful beach, sea and desert landscapes, but it is also a retirement haven for US and Canadian citizens, offering a diverse range of excellent options. The most essential spots in the area are Cabo San Lucas and San Jose del Cabo, which are joined by a 20 mile stretch of road that runs along an area known as the “tourist corridor”. Living in Cabo implies tremendous savings for retirees on fixed income to sustain a comfortable way of living,...
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If you are considering buying a property in Mexico, there is more to think about than just the price and location. You need to consider how you will be using the property. Will you be using it for vacations for you, your family and friends? Or will you be purchasing it as an investment with the plan of renting it out. Why does it matter? Because knowing how you will use the property will help you determine what legal process you should use to obtain the property - A fideicomiso (bank trust) or a Mexican Corporation. Fideicomiso (Bank Trust) All foreign individuals...
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