How to Lose Money in Mexican Real Estate I have had at least two people come in to see me each week due to problems purchasing real estate. There are a few common themes and many times problems can be avoided if one is careful from the start. There is an old saying here in […]
Cars illegally in Mexico can be returned late before the authorities catch you and take your car, fine you or even jail you. Enter as a tourist and then flew out and now your car is illegal? Finally become a permanent resident? Buy a car for a great price from another foreigner? Foreigners who have […]
The State Prosecutor’s office made a special trip to the Chapala area last Friday to be available to the public and listen to their complaints and concerns about any criminal matters the local office was handling that were not moving forward as expected. We were there working with our clients to help them get results.
Cheated by Escheat? By the way, here’s something people should know about if they have bank accounts in the US. What happened to me is that I had some money in a US checking account that I hadn’t used for a few years. They blocked the account and called it dormant. I was recently contacted […]
Starting February 23, 2017 they lowered the notarial tax (Impuesto Sobre negocios Juridicos) that was raised from 290 to 1000 pesos for 2017, it is now 300 pesos, this will lower costs on wills, deeds and other notarial acts. will prices should go back down to almost 2016 prices.
The check is in the mail, international travel with cash or checks… Many countries have enacted legislation to combat money laundering which is used to avoid lawful payment of taxes or disguise illegal operations. Many countries have based their laws off of or copied the US provisions that regulate crossing borders with money or negotiable […]
I am working on gathering statistical information and made a request to immigration to get information on how many total immigration files they work on per year at the local Chapala office and of that number how many are for Americans, here are the results: Year / Total / Americans 2012 / 5,634 / 3,498 […]
How to Die in Mexico While many focus on coming to Mexico to live a relaxed lifestyle, nothing lasts forever and old age and bad fortune can befall us all one day. As Benjamin Franklin said the only two sure things in life are death and taxes. The reality is that the narcos won’t get […]
2017 New Year, Higher Real Estate / Notary Costs and Vehicle Fees With 2017 almost upon us there are some changes in the state of Jalisco that will affect many people. For automobile owners the annual renewal fee will edge up to 456 pesos if paid in January, 481 if paid in February, 507 pesos […]
Regularization (Amnesty) Program for people illegally in Mexico for 2017 On Tuesday, October 11, 2016 the amnesty program of 2015 was published in the Federal Register with minor changes and will be brought back for the year 2017 and will apply from January 9, 2017 until December 19, 2017. The first publication about the program […]
English
