Live & Retire in Mexico
Buying Property in Mexico
Timeshare Resales
Many people see timeshares in a negative light. However, sale-by-owner timeshares - also called timeshare resales - are different than resort offered timeshares. For one thing, resales are often thousands less than resort-offered property.... (more) article donated by Sell My Timeshare Now
Buying Land in Mexico?
The regulations on the sale of real property to foreigners are found in the Mexican Foreign Investment Law. An American (or any foreign national) can acquire land almost anywhere in Mexico with the permission of the Foreign Affairs Ministry. The only exception in the Foreign Investment Law is that foreigners may not acquire directly real property in the "restricted zone".
The restricted zone is the strip of land 100 km from the border and 50 km from the beach. If a foreigner wishes to acquire land in the restricted zone, he or she may enter into a trust agreement with a Mexican bank.... (more) by Jonathan A. Pikoff, Esq.
When you are told the Mexican Notario Publico will charge $3,000 dollars to make you the beneficiary of a trust on a Mexican beachfront condo, you certainly know things are different in Mexico. This article will clarify the misconception that commonly occurs when individuals familiar with the Texas Office of Notary Public encounter a Mexican Notario Publico.
Despite sharing a common linguistic derivation, these two titles convey vastly different responsibilities upon their respective officeholders.... (more) by Jonathan A. Pikoff, Esq. and Charles J. Crimmins
•Building in Puerto Vallarta
"Could you tell me what one would would expect to pay for new construction per sq ft in Nuevo Vallarta today?..." .... (more) Q&A: Charles Sloan & Robert Foster
•Buying Property in the Lake Chapala Area
In the last decade or so, it is estimated that more than 10,000 foreigners have purchased property on the Northshore of Lake Chapala. Long prized as a weekend retreat by wealthy Guadalajarans, the villages from Lake Chapala to Jocotepec now boast an expatriate community said to be the largest in the world. Ajijic has become the prime location for foreigners because of its infrastructure of services, such as internet access, and the existence of the Lake Chapala Society, an English-speaking resource for newcomers and residents.... (more) by Tony Harries & Teresa A. Kendrick
First, as most folks are aware, Mexican residential property in the coastal or border zones can be legally purchased by foreigners, but only through the fideicomiso (bank trust) method set up expressly for this purpose by the federal government....(more) by Robert Foster
•Budget Living in Puerto Vallarta by Robert Foster (Jennings)
•Dobie and Sergio are homesteading in a former coconut plantation on Mexico's Pacific Coast.
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