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Por Liliana Elena González @mexatua I have written this post to help buyers unsderstand why mexican taxes are an important part of the real estate purchase proccess, but nothing will substitute legal advice or professional tax consultation in your particular case. What you do at purchase will dictates your tax liabilities at sell. [...]  Por Liliana Elena González @mexatua If you have buyer´s agent, make sure he/she is an attorney, or a certified Mexican Realtor. However, nowadays more than ever, owners are selling their properties by themselves and buyers are brave enough to risk their investment buying with no appropriate legal representation. If you are one of [...] By Liliana Elena Gonzalez @mexatua A purchase agreement or private sales contract is a MOST on any real estate transaction. I always advice my clients to sign this contract because it binds buyer and seller under the Mexican law and secures earnest money or down payment given to the seller. So, as soon as [...] Por Liliana Elena González @mexatua Can foreigners purchase a property in Mexico? Yes, Absolutely! There are some restrictions along the borders or coast, but not in Morelia, Patzcuaro or surrounding area. What are the procedures for buying a piece of property? Once your Offer to Purchase has been accepted, a down payment (usually [...] By Liliana Elena Gonzalez @mexatua The National Migration Institute (Instituto Nacional de Migracion) aka INM is the authority to handle all paperwork and procedures related to foreigners living or visiting Mexico. To apply for an FM3, you have to: 1.- Apply at least 30 days before your tourist visa expires. 2.- Show a proof [...] By Lourdes MacPharlaine “Liliana Elena’s own accomplishments as a Mother, Attorney at Law, and International Realtor speak highly of herself. I have had the opportunity of meeting her personally and the privilege to collaborate across borders managing client transactions. She brings peace of mind, solidarity, and intense attention to detail. My clients are in [...] By Liliana Elena Gonzalez @mexatua I have got a call 2 weeks ago from a client who wanted to buy a used car in Morelia. My client John Doe, wanted to buy a car from a car dealer Juan Fernández who´s business name is CarCars. BTW all names have been changed to protect their [...] By Liliana Elena Gonzalez @mexatua Registro Publico de la Propiedad is a government office. It records all real estates transactions and related activities. All their records are public, this means anyone could have access to see them and ask for certified or simple copies of the records. It is located in the avenue Heroes [...] I have been living full time in Patzcuaro, Mexico for 4 years and enjoy my life here very much. I do have many questions regarding how to prepare a Will and how to be certain that my new deed (Escritura) is being handled in my best interests. The best way I have found is [...] By Liliana Elena Gonzalez @mexatua All mexican cell phones must be registered by April 10th 2010. The process is very easy for Mexicans, all it takes is to send a Message with the CURP number (this is a unique number assigned by the government) . Foreigners living in Mexico can register their cell phone [...] |
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