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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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A “perfect storm” of sorts has been brewing for the real estate and mortgage sectors in Mexico, as the nation’s largest lenders and financial institutions make moves that will shore up these vital industries. According to Deputy Finance Minister Fernando Aportela in a recent Wall Street Journal interview, construction employment in Mexico has expanded at...
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Global Mexico Real Estate Institute was recently formed by a group of high profile Mexican REALTORS. It is a bi-lingual, bicultural organization dedicated to delivering international education to the Mexican real estate industry. The four founders have a combined experience of more than 120 years in the international real estate arena. Having searched for courses...
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Everybody is aware of downturn and recession that has affected the whole world. Times are tough but savvy investors are always thinking of safeguarding and increasing the value their investments. Even now, many people are interested in investing Puerto Vallarta Real Estate but the current situation holds them back in putting their money. This is...
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Through an agreement with the Las Palmas Hotel, Puerto Vallarta-based Front Beach Retirement converted the 225 rooms of the all-inclusive hotel into an independent and assisted living community, Front Beach Puerto Vallarta. “We’re offering a buffet-style of living,” says Front Beach Retirement and Mexico Assisted Living Marketing Director Joshua Ketner. “Rather than convert rooms into...
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As the amendment of Article 27 looms large and seems ever more likely, real estate in Mexico is enjoying greater attention from worldwide investors who see it as a way to realize huge returns while also providing a financial hedge against more traditional investment vehicles. In fact, the reasons to invest in real estate are...
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Did you ever dream it would be possible to enjoy life in a safe, idyllic tropical paradise, with everything you need (and more) at your fingertips – all at an affordable price? As CNN reports, many U.S. retirees have already discovered there is a place you can have all of this and more – Mexico!...
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Mexico’s commercial real estate industry is experiencing a second wave of growth brought about by the creation of investment trusts, significant changes in regulations, competitive land prices and the economic development of new business centers across the country. According to The Mexican Association of Real Estate Professionals, the sector is expected to see a growth...
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International buyers are flocking to Mexico to find the ideal vacation home or permanent residence. In fact, 2013 saw a 10 percent rise in the number of new residency requests – a trend that is showing no signs of slowing down anytime soon, especially with the growing number of retirees who are opting to call...
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