10 Reasons Foreigners Should Consider Forming a Mexican Corporation

Posted by Mexlaw

Foreign individuals looking to invest and do business in Mexico will do so through the incorporation of a Mexican company. If you are ready to relocate to Mexico but not quite ready to retire, read on to learn 10 reasons why creating a Mexican Corporation may be the right choice for your investment. A Mexican Corporation has legal rights as if it was Mexican entity to acquire property anywhere in Mexico, including real estate within the restricted zone 100 km of the border or 50 km from the coast. No need for a bank trust, Fideicomiso. A Mexican corporation...

03 October

0 Comments

Sticky

5 Ways to Ensure Peace of Mind Living in Mexico

Posted by Mexlaw

in Immigration, MexLaw

Be Legal Many foreigners do not complete their immigration process and continue to come and go as tourists. This adds extra stress and risk entering Mexico, foreigners who travel to other borders such as Belize may end up paying a bribe to come back into Mexico with another tourist visa. Immigration officers appear at random checkpoints on the highway and other public locations checking for illegal residents. To avoid the anxiety and possible deportation, speak to immigration@mexlaw.com.mx about the benefits of being legal in Mexico. Be Insured It is essential for your peace of mind to have medical insurance; there are first-rate...

14 September

0 Comments

Sticky

Cautionary Advice About Ejido Land For Foreigners Looking To Invest In Mexico

Posted by Mexlaw

in MexLaw, Real Estate

You may hear of foreigners having issues with their Mexican property; chances are the property they purchased belonged to Ejido. Ejido (pronounced eh-hee-dough) was a product of the Mexican Revolution of 1910; it is a collective communal organization, and the land was lent to the people to use for farming and raising their families but remains owned by the government and regulated by Agrarian Law. One of the primary objectives was to break up large stretches of privately owned land, into smaller lots, return the land to the people and ensure poor farmers had property to work. These parcels of land...

12 September

0 Comments

Sticky

Our Favorite Top 10 Reasons to Retire in Mexico

Posted by Mexlaw

in MexLaw, Real Estate

There are many top 10 lists on why you should retire in Mexico, but the truth is there are too many reasons to list. It is paradise, plain and simple, but what other benefits are there to retiring in Mexico? Here are some of our favorites: In the Riviera Maya, we need to mention the Caribbean ocean with the world's most beautiful white sand beaches and turquoise water, along with warm weather all year around, these factors will affect your ability to slow down and relax. Mexico is close to home; it is within close proximity to Canada and the...

05 September

1 Comment

Sticky

Can the Mexican Government Seize my Property?

Posted by Mexlaw

in Legal Services, MexLaw

The most common fear we hear from foreigners interested in buying property in Mexico is, Can the government take my property? There are stories in the news about foreigners investing in Mexican real estate to later have it taken from them with no recourse. Using a Mexican lawyer during your real estate purchase will guarantee you title on the property, making it virtually impossible for someone to seize your home. Ejido Land The ejido is property which Mexican Nationals are given the right to use by the government for living and working, typically farming. Do not buy Ejido land, you may be offered...