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The Cost of Living in The Riviera Maya

It seems hard to believe you can have a better life and live close to the Caribbean sea for less money than you pay now. Life in the Riviera Maya costs less, of course, this depends on your lifestyle, but you will receive more for your buck here in Mexico. You will afford some of the luxuries you may not be able to afford in the rest of North America. For example, two people living on $2000 USD a month can afford to rent a beautiful condominium near the beach, with all the amenities you dream of, including a swimming pool,...

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Last Will And Testament of a Foreigner in Mexico

It is important to understand it may be difficult for your loved ones to deal with your estate if you do not have a Mexican Will. Residence of Mexico, primarily property owners, should consult a Mexican attorney regarding their estate planning. Is a Canadian or American Will valid in Mexico if it includes my Mexican real estate and valuables? Although your foreign Will is valid in Mexico, the time and expense it takes to have it verified and processed will cause your family undue stress and expense. The problem is getting these documents recognized, American documents need to be apostilled, and notarized in...

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Can I Cancel My TimeShare Contract in Mexico?

[vc_row triangle_shape="no"][vc_column][vc_column_text]It is easy to be caught up in a sales pitch while you are dreaming of owning a place in Mexico. The sun, beach and of course all the free incentives the salesperson is offering is very alluring. They make it sound so simple to own a little piece of Mexico. There are many legitimate vacation or timeshare companies, but you need to be aware of the less scrupulous timeshare companies in Mexico. Take the time to investigate these promises, the cost of this investment and the how to get out of a timeshare contract. Protect Your Investment Take time to...

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Setting up a corporation in Mexico

Which Corporation will Best Suit Your Needs? In Mexico, the two major types of companies are called the Sociedad  Anónima and the Sociedad de Responsabilidad Limitada. They are basically the equivalent of a Corporation and a Limited Liability Company in the United States. There are other company forms such as the Sociedad Civil, which is similar to a professional partnership that your doctor or lawyer might have for his or her office. There is also the Asociación Civil, which can be compared to a non-profit company. In choosing the best type of Mexican Corporation, we need to take into consideration how many...

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Canadians Retiring in Mexico 6 Months at a Time

So you want to live in Mexico, but you are not quite willing to give up the comforts of home? Although most Mexican real estate developments are much more luxurious than what we are familiar with back home, such as infinity pools and ocean views, still some Canadians living in Mexico are only spending half their time in Mexico and half in their home country. There are some benefits to this lifestyle, including maintaining your home country’s residency and health care. You may enjoy your summers in your home country and then escape the cold, rainy winters by heading to Mexico,...

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