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Points to consider when choosing a litigation attorney in Mexico

Investing in Mexico is an attractive proposition and nine times out of ten it is a very positive experience, however there may be occasions when you need the help and advice of local legal experts who can protect your interests and be with you all the way during any kind of legal dispute. When you find yourself involved in such a dispute it’s good to know that you have someone competent to represent you. You need an experienced, ethical, and reliable lawyer that you can trust. This is where MexLaw comes into action with our litigation team. Our lawyers will...

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MexLaw’s legal services are now available in Los Cabos

MexLaw is pleased to announce the opening of our new office in Los Cabos, a favored location with both tourists and real estate investors from the United States and Canada. The colonial town of San Jose del Cabo, the modern tourist resort of Cabo San Lucas and the 20-mile tourist corridor that connects them, offer multiple and varied options for real estate investment. MexLaw is a reputable and well-established international law firm, and our team of legal experts in Los Cabos offer you a combination of the experience we have gained over the years in the Riviera Maya, Mexico’s Pacific...

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2021 Financial Requirements for Temporary and Permanent Residency in Mexico

Each year, Mexico increases the financial requirements to obtain either temporary or permanent residency. We have outlined the most commonly asked about residency types and this year’s financial requirements. How is the requirement calculated? There are two different ways that Mexican Consulates and Mexican Immigration offices may determine the financial requirements for residency. Note: Each consulate and office are different. Before you schedule your appointment with your local Mexican Consulate, you should always check the requirements on their website. ✓ Based on the Mexican daily minimum wage ($141.70MXN). OR ✓ Based on the daily UMA (Unidad de Medida y Actualización) rate ($89.62MXN). UMA...

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Buying Property in Mexico: Fideicomiso or Corporation?

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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How to Create a LLC or Corporation

[vc_row triangle_shape="no"][vc_column][vc_column_text] How to Create a LLC or Corporation as a Shareholder [/vc_column_text][vc_empty_space height="23px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column][vc_empty_space height="40px"][mkd_separator type="with-icon" animate="yes" color="#c18f59" border_style="solid" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_column_text] Shareholders [/vc_column_text][vc_empty_space height="23px"][vc_row_inner css=".vc_custom_1597095851479{padding-top: 20px !important;}"][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][mkd_interactive_image animate_image_on_hover="yes" add_checkmark="no" link="" image="11606"][vc_empty_space height="20px"][/vc_column_inner][vc_column_inner width="1/2" offset="vc_col-lg-6 vc_col-md-6"][vc_empty_space height="20px"][vc_column_text]In the event that the company you want to create in Mexico will have one or more foreign companies as shareholders:[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Example:[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Shareholder 1:   THE BOATS LLC (Foreign company) 50% Shareholder 2:   La VISTA LLC (Foreign company) 50%[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Or[/vc_column_text][vc_empty_space height="10px"][vc_column_text]Shareholder 1:  John Doe (Individual) 1% Shareholder 2:  THE BOAT (Foreign Company) 99%[/vc_column_text][vc_empty_space height="10px"][vc_column_text]*These are examples only. You will be able to define percentages as...

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