Quick Facts About Assemblies for Condominium Owners in Mexico

Posted by Mexlaw

Foreigners who are thinking about investing in Mexico, whether as a 2nd home or a permanent relocation, typically have a condo near the beach in mind. Downsizing and enjoying a more affordable lifestyle go hand in hand with living in Mexico. Living in a condominium has many advantages such as easy upkeep, security, amenities, swimming pools and fitness centers, investment, an opportunity for rental income, and also a social aspect which comes with living in a condo complex. Condominium ownership is best described as real estate of any shape or size available for individual ownership with undividable common areas for...

04 May

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Frequently Asked Questions Regarding Foreigners and Title Deed in Mexico

Posted by Mexlaw

in Legal Services, MexLaw

As an investor in Mexican real estate, it is essential to understand the title registration process and have reliable legal representation before you hand over your money. Foreigners risk losing everything if they do not hire a reputable law firm to represent them and ensure they receive the title on the property.

04 May

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Marketing Tips For Your Vacation Rental Property in Mexico

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

Foreigners looking to invest in a second property or retirement home are looking towards Mexico. The constant influx of tourists arriving on both coasts of Mexico, Riviera Nayarit, and the Riviera Maya indicate a demand for vacation rentals, is impacting foreign interest in real estate opportunities.

Both of these Mexican beach locations have a huge demand for rental properties with a growing number of travelers preferring to stay in private residences over big brand resorts.

20 April

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What is Your Immigration Status in Mexico?

Posted by Mexlaw

in Immigration, Legal Services, MexLaw

According to a recent immigration census taken by the National Institute of Geography and Statistics and the US State Department one million Americans are living in Mexico and many do not have legal status. The census also reveals an increase since 2015 of 37.8% Americans overstaying their tourist permits, stating there were 673, 866 Americans living illegally in Mexico in 2015, and estimating the current numbers are at least 934,698. The majority of Americans residing in Mexico are retired and simply come on a tourist permit of 180-days, decide to stay but do not apply for their residency. It is easy...

10 April

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Due Diligence and Protecting Foreign Property Owners in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

Foreigners thinking about buying property in Mexico may hear the term “due diligence” this is a vital step of purchasing real estate in Mexico. You may see in the news that foreigners have lost their property in Mexico, finding out the property had a developer or construction lien against it, the land was not authorized to be sold, real estate fraud or a long lost relative making claim on the land. Take the proper steps to prevent this situation from happening to you. Due diligence is the process performed that guarantees you do not lose possession of your property. Whether...