Residency in Mexico and Abuse of the FMM – Visitor Card

Posted by Mexlaw

It is relatively common for foreigners to take advantage of the visitor card - FMM (Forma Migratoria Múltiple) as a way to live in Mexico. Many foreigners are entering as a tourist and staying the 180 days granted to visitors and then leaving the country and returning for another 180 days, rather than applying for a residency permit. For a few years, there have been rumors that Instituto Nacional de Migración - INM will begin to crack down on this practice and regulate the use of an FMM as a way to live in Mexico. It started with some foreigners receiving...

04 December

0 Comments

Sticky

Rent to Own – A Transaction Agreement

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

If you are selling your property in Mexico, you may get an excellent offer from a buyer looking for a rent to own situation. The potential buyer may want to live on the property while making substantial payments. How do you protect your investment and not waste time and money if the buyer defaults? You will need to take extra precautions to protect your interests. We recommend you hire a Mexican lawyer to draw up or at least review any legal agreement you make to ensure you and your investments are fully protected. What type of agreement will protect the potential buyer...

08 October

0 Comments

Sticky

Timeshare Services

Posted by MexLaw

[vc_row triangle_shape="no"][vc_column][mkd_call_to_action full_width="yes" content_in_grid="no" type="with-icon" icon_pack="simple_line_icons" simple_line_icons="icon-note" show_border="yes" show_button="no" icon_size="33" icon_color="#ffffff" background_color="#8b0000" box_padding="2%"] NOTICE – Individuals have been contacting Timeshare Owners claiming to be from Mexlaw. This is an attempted defraud. Mexlaw will never contact you unless you are already a client off the Firm. Also, we only use the domaine address Mexlaw in all Emails. Please report these attempted frauds to your local Police. [/mkd_call_to_action][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row triangle_shape="no"][vc_column width="1/2"][vc_column_text] We know how attractive a timeshare in Mexico can sound, owning a vacation spot at a beautiful Mexican beach resort is a dream come true. The salesperson makes timeshare ownership so enticing; it is...

27 September

0 Comments

Sticky

Relocating to Mexico – Tourist Destination or Residential Area?

Posted by Mexlaw

in Immigration, MexLaw

When traveling in Mexico, most foreigners visit and fall all in love with the tourist side of town, but if you are relocating to Mexico would you choose to live in the tourist area or a residential area? As a new resident in Mexico you may want to live in a tourist town, get out an about, meet new people, enjoy the hustle-bustle of the tourist streets, but once you settle in you may yearn for a quieter place to call home. Everyone's ideal home is different; some prefer a secluded house in the jungle and some like the city life,...

09 September

0 Comments

Sticky

Important Facts About Wills and Your Mexican Estate

Posted by Mexlaw

in Mexican Will, MexLaw

September is will month in Mexico, and the Mexican government offers incentives to property owners to encourage them to prepare a will. Foreigners with investments in Mexico may have a will prepared in Canada or the US, however getting a foreign instrument recognized in Mexico can entail a lengthy and expensive process. The foreign will must be translated into Spanish by an official court-approved translator. It must be "Apostilled" in the country where it was prepared. Canadian wills are not required to be apostilled but will need to be translated into Spanish by a court-approved translator and submitted to the...