Owning property in Mexico as a non-Mexican is legal and straightforward, even within the restricted zones. These zones, located near waterfronts/shorelines and international borders, require property ownership through a bank trust or a Mexican corporation entity. The main difference between a bank trust and a Mexican corporation entity lies in the intended use of the property. A bank trust offers...
If you enjoy spending time in Mexico and are considering buying property there, you'll be pleased to know that it is possible and legal for non-Mexican citizens to own property in the country. However, it's important to note that there are restricted zones where non-nationals cannot own property directly. These zones include areas within 50 km (31 miles) of shorelines and 100 km (62...
After deciding to acquire a new home in Mexico, it's time to begin compiling a list of your goals and needs. Having a pre-planned itinerary will assist your real estate agent in narrowing down the search for your ideal house. Additionally, this will save you time and money when searching for a home. The information below may give you with a few additional suggestions that you may have overlooked when...
The global travel and tourist business has been hit particularly hard by the limitations put by governments around the world on people's movement in order to combat the spread of COVID-19. Although the virus has been classified a pandemic by the WHO for more than a year, normalcy appears to be eroding as the illness continues to wreak devastation.Forming a globally recognized system as a worldwide standard...
Once you've purchased your new house, the goal is to begin reaping the benefits of your investment. There are two ways to track the growth of your money: Return on Investment, or ROI, and Capital Gains.Return on Investment – ROIRental income generates the ROI. ROI records can be generated for a resale property and are an excellent indicator of possible revenue. Return on investment is frequently...
Many people’s primary objective is to get a new property. Investing in the pre-construction period has been an increasingly popular trend in recent years. Investing before construction enables you to make an initial down payment with the expectation of receiving the home later. The buyer can envisage the future development of the property by using scaled models and floor plans. Numerous...
Retirement is meant to be a period of relaxation and enjoyment of the results of your effort. You want it to start early and last a long time. Warm climates, holiday lifestyles, and a plethora of activities and entertainment may sound appealing but are sometimes unaffordable on a fixed moderate salary. You do not wish to postpone retirement or jeopardize your quality of life. Simply put, you need to...
Many people involve their pets in all aspects of their lives. They are a part of the core of the family and are welcome to participate in most events. When pet owners go shopping or run errands, they want pet-friendly establishments. It is not rare to see people traveling or vacationing with their pets. Pet strategies in the hospitality sector, including food service and retail, have evolved over the...
According to an Expedia report, Puerto Vallarta is one of the top destinations for Canadians to visit in 2021, owing to its connectivity and short-haul flight distances, a fantastic temperate climate, and a plethora of natural attractions.Although the majority of Canadians will remain at home due to the pandemic, many still have the desire and opportunity to travel in the year 2022.Other international...
Your first thought when considering purchasing a home is whether or not it will be a successful investment in the long term. The question of whether or not it is an excellent investment is especially pertinent if you are moving to an unfamiliar city or country for the first time. If you are relocating to Puerto Vallarta, it is vital to evaluate whether or not it is a wise investment before purchasing your...
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