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Mexico is not only the nearest destination abroad for U.S. and Canadian expats; it is also one of the most popular. More than a million expats are estimated to live in Mexico full- or part-time… the largest concentration of North American expats anywhere in the world. Of course, it helps that Mexico is also one...
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The math behind financial independence is simple: you need 25 times your annual expenses to never have to work for money, ever again.This calculation comes from the thorough Trinity Study, which defines the safe withdrawal rate based on historical returns, that will allow your portfolio to never dry out. That safe withdrawal rate is 4...
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House Hunters International, the acclaimed HGTV show airing in more than 50 countries, returns to Puerto Vallarta in April to shoot its seventh episode. This installment features Roger Dubois, well-known real estate agent at Tropicasa Realty, along with his buyers Jason Baker and Felipe Perez. In 2015, Roger Dubois joined locally-owned Tropicasa Realty to share...
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The Puerto Vallarta Real Estate Fair connects interested buyers and sellers with professionals that can help answer their questions about local real estate and foreign ownership in Mexico. The fair brings dozens of vendors together that specialize in different fields of real estate, such as capital gains tax, immigration, loans, estate planning, insurance, interior design,...
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Some areas popular with tourist, including Puerto Vallarta, Veracruz, and Tijuana rank above the national average as high as 16% to 20% for abandoned properties. In Puerto Vallarta the most affected communities are outside of the tourist zone and largely an unnoticed problem that contributes to vagrants and crime in the outlining areas. Mexico’s uninhibited...
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In a growing trend over the last several years, Puerto Vallarta is once again named as a top retirement destination by a travel magazine. International Living’s list of best places to retire in 2015 says Puerto Vallarta’s expat community makes for an easy transition into international living while also offering real estate deals much lower...
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Fideicomiso Hipotecario (FHipo) issued 345 million certificates at 25 pesos per certificate. Local investors bought about 39 percent of the shares, while foreign players bought the rest, the Mexican stock exchange said in a statement. The placement was less than an expected 10.8 billion pesos. The trust plans to use the funds to help purchase...
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Fibra Uno is awaiting approval of the nation’s antitrust commission, known as Cofeco, to finalize the purchases, Rubina told reporters in New York today. The five portfolios include 20 campuses of a university, office buildings, 13 retail properties, seven plots of land and three shopping malls in Mexico City, he said. “The more we grow,...
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Some people thought it was going to be necessary for the foreign buyer to obtain a Taxpayer Identification Number (RFC) and to obtain resident status in order to own property in Mexico. Not so! What really happened is that SAT (Mexico’s IRS) has insisted that the Mexican Notary Public who is issuing the deed of...
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