How To Buy Non-Coastal Property In Mexico As A Foreigner (STEP-BY-STEP)

[@paulc1014]

Been living in CDMX for 3 months now. Supporting local Mexican businesses, street vendors, assimilated into Mexican culture. If you move here, don't shop or eat at American owned businesses! Those greedy corporations already have enough money, support Mexican businesses!

[@DoubleJabSlipRightHand]

People who move to America from other countries should do the Same. Assimilate to the culture here and shop at American owned small businesses.

[@josephemanuelloving4653]

@@DoubleJabSlipRightHand SMALL businesses is the focus 🙏🏼💜

[@Bhq870]

@@DoubleJabSlipRightHand but the dollar is strong. It’s not the same thing

[@wetguavass]

The real Americans are the brown people of Mexico, Nicaragua, Venezuela, Bolivia, etc.

[@babycakes.x]

@@DoubleJabSlipRightHandpeople go to Mexico for cheap living, not the same

[@juancarlosmonterde4628]

Hello Rose. I'm the mortgage broker you mentioned. I think your summary of the entire long process is excellent and very complete. Very precise not only in each step but in costs. I recommend to all those who are interested to come to Mexico to grow their assets in a safe way..🏦💰📶 Thanks

[@nycbankers1427]

Do you have an Instagram where you post listings ?

[@cyberagentstanleydean7366]

Can u send prospective listings of value and interest to my email or share your email so I can send a request for direct listings availabke

[@starboy5177]

Interested in buying peoperty. Please help. Also, how can one grow their assets in Mexico?

[@deanxiao6383]

Hello, I'm interested in purchasing a house. Could we connect to see some listings you have?

[@jolanahoward]

People, this guy JuanCarlos is NOT the Alejandra that she mentions in the video. The REAL Alejandra’s info is in the description.

[@nickfloats]

I met with Alejandra and her team a few weeks back while in CDMX and she is so. freaking. amazing. She set us up with a full day of tours, provided a car + driver to take us around, somehow managed to convince owners of neighboring units to let us walkthrough their space so we could get a sense of what the unit could look like when fully furnished, and generally went above and beyond to answer all of our questions and provide an incredible experience for us. She was awesome. Thanks so much for the reccomendation Rose!

[@cyberagentstanleydean7366]

Hi how can I be in contact with Alejandra or if Rose can provide recommendations

[@nickfloats]

Rose left her info in the description 👍

[@Mexicobeanpole]

I moved to Mexico and bought a house in 2005 after selling my Florida home and got to put only 25% out to buy an equivalent home in Mexico, I’ve since sold the Mexico home for a tidy profit and I’m back in the US taking care of an elderly parent. When I’m able to go back to Mexico, I’ll go back with bells on. I loved it so much. But, I don’t think I’ll buy for the first couple of years. I want to travel Mexico like a free spirit, and learn more about this amazing country. And perfect my Spanish!!

[@patriciavandevelde5469]

9k how much tax did you pay in total on the sale

[@kreaturae]

Great info! Here in Playa del Carmen and the Riviera Maya where I work as a buyers agent, every other person you meet is a “real estate agent”, it’s all fun and games until they need to do the actual work; in the state of Quintana Roo you are supposed to have a government issued real estate LICENSE, only around 350 agents are actually licensed in the state, 1 out of every 10 advertising out there! So you are at a 90% chance you’ll get a NON LICENSED real estate agent…

[@MeowWow-q3h]

"Looking beyond your own country is one way to do this." Amen! I've been in the Philippines for the past seven years (minus one year due to pandemic complications). It has its pros and cons but when it comea to financial factors there are quite a few upsides. Great video, Rose!

[@lizrubio1361]

While it is great that you are settling in a new country, it is hard to for native locals to live in their hometowns as prices are increasing. Please do not forget them.

[@Sony4Ever321]

Yes as much as I commend her for being brave and moving to a new country as a single woman, I hope she (along with other privileged digital nomads) don’t bring their capitalism over humans tendencies from all of the developed and saturated countries they are moving from (US, Canada, and Australia). I hope they are able to assimilate to Mexican traditions and culture and respect the indigenous history and customs of Mexico and don’t bring their Eurocentric biases with them (biases that go hand in hand with capitalism and colonialism).

[@Monicalala]

As someone whose family lives in Xochimilco, foreigners buying property in Mexico City hurts the locals.

[@junboo8730]

@@Monicalala Same happens in Puerto Rico and worst. I understand your feeling.

[@OneUnderground]

Seriously. I love this channel but this video was a bad idea. Many are struggling in Mexico from the housing inflation caused by foreigners.

[@junboo8730]

@@OneUnderground Haven’t see the video but I won’t. Seeing how people leave your country because they can’t pay their living and being replaced by foreigners that usually get the stuff cheaper and easier… it hurts. Usually this happens because the crap or corrupted government. I bet that is the reason they are killing tourists in Dominican Republic. People are reaching their limits. At least this girl is going to live there.

[@kathleenoneill7414]

Congratulations on your new home purchase in MC! You did a great job researching and presenting the information in this video. You look so happy, I'm very glad for you.

[@BellaMecia]

Man so much gems and information shared in this video, thank you, thank you, thank youuu!! You make me feel like I can do anything Rose. In the words of Kanye, wait till I get my money right!

[@JMilansJourney]

I loveeeee how thoroughly and detailed you were per usual rose! Thank you 💕

[@kreaturae]

Great info regarding closing costs; I like to point out that although closing costs are high compared to other countries, your property taxes are nothing compared, so you kinda offset that; in a way the government is getting their taxes off the bat upon closing vs throughout the years…

[@tlazohtla]

Hi! Could you please educate people on buying property responsibly? It really does affect and displace local communities abroad.

[@javierdiaz4763]

That's a problem of government, go to Philippines and try buying a house see how that turns out for you.

[@ivannamartinez259]

@@javierdiaz4763 we know the govermnent is not going to solve all of our issues. It's important people become aware of how video's like this are affecting the local economy. Gentrification will always be an issue, this is displacement. This is US salaries competing with Mexican salaries. Though it may be legal, this video is tone deaf.

[@vc6036]

Missed your videos Rose. Welcome back! This was very informative. Thanks for sharing. Can't wait to see your purchased property.

[@Mexican01o101]

Welcome to Mexico.. be kind to the people, respect our culture and you should be fine ☺️

[@davidlucasmachado2831]

Same when someone comes to USA

[@RoyinThailand]

This is very helpful. Thanks, Rose. I am retired and have been living in Thailand these past ten years but my Medicare is useless here so I am considering finding a place in Mexico to do the healthcare run. The US is not a place for retirees. I am not in the same financial place as you and would be happy to rent a place in some town like Ensenada or thereabouts. It seems that renting would be a better use of my money than a full purchase of something.

[@cordelialear1528]

Stay in Philippines

[@adventurepantsmcgee]

"Because she was f**king stupid, quite frankly." Tell us how you really feel. But really, thank you for your honesty. It helps every single person who watches your videos. This was fantastically thorough. I appreciate it.

[@raymondcunanan1135]

I never clicked so fast after reading an email alert from you Rose.

[@itsrosehan]

Very happy to hear that! Glad it was timely for you :)

[@hyun-duk]

LMAO that F bomb! 😂 I love how genuine Rose is!

[@markkilpatrick7951]

Congratulations Rose. Do you know if Mexico has any property inspections? Also, I assume you are buying an apartment. Do you know who owns the property the apartment building is on? Some buildings in Hawaii for example are on a reverse lease and after so many years the property owners can take back the property and can decide to have something else built on it. Could that happen in Mexico as well?? Thanks

[@agilachristian]

Rose 🌹 I Love e/single one of ur videos, they are all VERY informative and educational. Your Spanish accent is hilarious 😂 but I commend you for learning it and using Spanglish to explain the terms. I can’t wait for the tour video once you buy the place. Please do a before and after video of the property as I know you will upgrade and decorate. 🤗 🤗

[@urio7146]

Rose, you are officially a Chilanga now 🤙🏻 🇲🇽

[@enjay9521]

Another excellent video! I hope that this works out for you, Rose! For others who may be thinking of doing this, keep in mind that this can be risky. Invest what you can afford to lose. Case in point...I worked in an Asian country for several years. Bought a condo. Lived the good life. Blah, blah, blah. Then, the political landscape changed, sharply. A new political party came into government and really stuck it to expats with new laws, taxes, regulations, etc. I wound up leaving the country and selling the condo for a 60 percent loss. Ouch, ouch, ouch! After that, I invest mostly in US stocks and real estate.

[@la381]

Thank you so much for sharing your experience! Which Asian country was that in?

[@chosen1520]

at least mention the country so people can be cautious if they plan to buy in that country

[@1231denyz]

In México property always go up.

[@natusfreedom472]

This happens a lot in 3 rd world countries.. u can’t even trust your own family , plus ..you don’t have the protection of laws like in the u.s , a lot of corrupt people . I would just stick to the u.s or Canada 🇨🇦

[@enjay9521]

I tried to post a reply earlier, but KZbin wouldn't let me....hmmm. Sorry, I'm not gonna mention the name of the country I lived in before, because I don't want to offend people from there or to make them feel targeted. That's not the point. Plus, I returned to the US in 2005 to start over, so situations can change over the years. But here's the bottom line. Before you buy property anywhere, do your own "due diligence." This is especially important when buying property in a foreign country. Good climate, good restaurants, good shopping, good night life? Great! Those things are important. But what about the local politics, crime rate, economy, and property laws? Is there a huge wealth gap between rich and poor? Are neighboring countries peaceful, or are they threatening to invade? Etc. You really need to read up about these kinds of issues. A good, current Google search can reveal a lot. As you read the news, do you spot any trends, any red flags? After all, it's your money. You worked hard for it. Invest wisely. Peace.

[@Californiansurfer]

Yes, your being honest. My Father and mother retired in Mexco, they built there house and lived for 10 years. It was beautiful. Yes, i plan to return to mexco , its just getting expensive in california…

[@ジロ幻影戦争]

I like everything you told us in this video. I guess you might be missing out all the migration related topics. The top priority of home sellers and brokers is to sell you properties… but the Migracion status is something you have to consider. Hope you enjoy Mexico.

[@RespectfullyCurious]

I think wherever people go, people should be respectful of the community and culture. I am glad you are. There some areas of the world where people have flocked to and drove prices up to where locals were priced out. I'm Mexican [first-gen American] and even people gave me a look when I told them I wanted to spend a month or so in CDMX over the summer lol. My family wants me to buy land in Mexico, and am looking into getting my Mexican citizenship as it would make it easier to buy property. At least, that's what I was told.

[@wetguavass]

The real Americans are the brown people of Mexico, Nicaragua, Venezuela, Bolivia, etc.

[@joshking8264]

Great! I love people talking from experience, hard to find on social media. Thanks

[@lucasomalley]

I've been thinking about CDMX as a permanent place, but the Godzilla style earthquakes have made me think twice.

[@TheDrewflow1]

Good luck. Thanks for the inspiration and daring to not follow the crowd here in the US and spend your whole nest egg on a house. The prices have gotten bad here. I make pretty good money and I’m still flinching at these prices.

[@amysaysamy]

I just got my temp visa approved - wish I found this vid sooner but glad I found it now. Lots of helpful info! Thanks!!

[@edwolfwood4714]

rents and house prices are getting higher thanks to you guys, now is harder for us that dont earn in dollars to live

[@xxbunnnyxx]

Great job. Thanks for contributing to making housing completely unaffordable to the locals.

[@Sony4Ever321]

Yep. It’s funny how she makes geoarbitrage seem less exploitative and less colonizer like than it actually is by being so positive, charismatic, and “informative” in this video.

[@EndlessTravels]

Ah don't worry Mexico is still allowing open border runs to America so they can destroy American's economy and force them to have to move to Mexico City

[@mmkjijhuks1841]

If they can afford a $150K place to begin with, they will be fine. That is at the upper end for the housing market in Mexico City.

[@davdin2]

Home prices are unaffordable in USA also. You're really complaining about the government.

[@anthonychen3517]

Toronto 🇨🇦 has entered the chat You guys have homes under 500k??? 😱

[@proud_atheist5759]

Looking to finalize a deal in India. Have two bedroom apartments available for 55 to 65 thousand Canadian dollars.

[@Blestmama7]

Rose your looking so tanned! Beautiful as always! Thanks for sharing this video!

[@tonynunez6539]

Very good and informative video. Great pace and attitude. Fun to watch.

[@BR-ex9xp]

It’s amazing all the haters in the comments here. I’ve seen other channels with people who move to another country and it’s nothing but positive. I think you’re great. No hate here. I’m not scared of women doing well.

[@curiouswords]

Great video, Rose. The very best with your new home! Looking forward to the home tour!

[@bulbasaurusrex6783]

Can you make a video on how you saved for a full cash payment / best tips for saving up for property?

[@gladlock]

Personally, I think normal people who don’t come from money have to prioritize saving over everything else. This includes not having kids. I have strict budgets for discretionary things like beauty, eating out, and travel. You have to clear around $20k per year after maximizing your retirement match from your employer. I had bought a house in the US that appreciated in value, so that profit along with my savings of 10 yrs is how I got my condo in Tulum

[@MrAesir1]

I think a lot of folks missed the end of the video where you mentioned taking care of the community around you. 100% agree. Ultimately a rising tide floats all ships. Enjoy the new place. Or should we call it Jupiter's new palace. ;-)

[@Brendan2Alexander]

Traveling around is great in life. But setting down really good too. Glad u found a great pad in Mexico City. And hey you can always bop out of town for getaway trips. My wife and I bought in Roma Norte. Our fav getaway spot is Todos Santos in Baja Sur. We bought land there through the Ejido. Ooo boy a little tricky, but tremendous deals out there buying from Ejidos.

[@jerryfan6071]

Lmfaooooo caught me off guard with the "cause she was f stupid" 😭😭

[@itsrosehan]

Well... she was 🤣

[@jerryfan6071]

@@itsrosehan it’s just funny cause you partied with her and said this haha

[@sylviageorge2287]

Rose, you look amazing 🥰I am so happy for you. Thank you for making this video - it surely got me thinking outside the box. I really appreciate your content and look forward to seeing more of it. Much love 🤗

[@isassirius2520]

The median in the states is $428,000. In California that's like a closet LOL the median over here is like $950,000

[@europeanliving6077]

Buy in the country you live in, Well said Rose, support local businesses. Congratulations! on your new home.

[@felonstomillionaires]

Love the brutal honesty! That’s what I’m talking about. Haha. Made my night with that

[@paulinasolis-loza8560]

I had been waiting for this video!!!

[@Jose-ut5zu]

In México you never own a property is own by the state who only gives the posetion of the land but not the ownership hehehe at any moment the goverment could confiscate property. You need pay taxes for that proporty. Now new laws are going to passed to stop migration to México and visas are going to be imposed to US citenzens to stop gentrification that is ruining life in México and it is already very difficult to compete for resources in a city of more than 20 million.

[@Plemmonsscott]

The industry has driven home prices too high for most families. The solution is for prices to align with family budgets, even if it means a market correction. The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on the govt.

[@Nicholas.Durante]

Especially with the current economic crisis around the word. This is still a good time to invest in Gold, silver and digital currencies ETH, XRP..).

[@GreggVElrod]

What if you don't know how to trade any of these? I mean, see your point some people have the money and are willing to invest, the question is where to.

[@Nicholas.Durante]

I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million

[@rouseelobe]

Thank you so much for this information! I’m actually looking for a nice place to buy in Mexico… all tho I’m Mexican but have no family living over there 😢

[@babycakes.x]

You don’t want a house in east Asia instead?

[@herodotosofhalicarnassus1002]

Living in a van down by the river used to be a punchline. Now it's an aspiration.

[@N0t0riouslover]

I have been interested in buying real estate in Mexico. This video is extremely helpful. Thank you for making it!

[@itsrosehan]

You're very welcome!!

[@tiffanyjoyxP]

ROSE! I'm not sure if you noticed but you're GLOWING ! Is it a tan? Looking greatt

[@plaidman67]

You're incredible, Rose! Love your videos!

[@laornyc]

Great content Rose. I love the diversity your point of view is specific and relatable.

[@orshalimian]

Excellent video and presentation. Thank you. I think you did not mention what is the fee for the broker and who pays it: the seller or buyer?

[@MrNasetobaseto]

How did you transfer the money for the purchase from US to Mexico? My bank in the US is giving me the worst exchange rate to wire the money; I'll be losing over 10% just in the currency conversation...

[@johnnygarcia379]

Open a bank account called Wise. They don’t charger a lot when converting to another currency. Many businesses use this when they receive or pay people from another country

[@1231denyz]

Same here

[@shBW8719]

Excellent video, Rose! Thanks for sharing it! A quick question: Have you already dealt with insurance and medical care? Not sure if you have a previous video about it. Thanks!

[@jitendrashah2272]

Please let us know about which neighborhood you bought your apartment and for how much and how big it is. Thanks

[@frankellis9627]

I'm glad to see you're doing this Rose. I'm also planning on doing the same but in South America 😎

[@leighann7360]

I hope we can see yoor house tour video the soonest. 😍😍😍

[@LuisVargas-xo4vb]

Awesome content. I looked at La Haus. But it doesn't show anything in Veracruz. Any suggestions?

[@jorgevelasquez9955]

Que Bueno Rose! Ojala todos tus planes te vanan bien!

[@johnnyd614]

Great video. Very informative. Being from Southern Ca, I often think of purchasing a vacation home in Mexico. Thanks for sharing 🙏. Oh, and can Jupiter make an appearance in every video? Super cool 😎 dog.

[@letsdothis9728]

Loving the video Rose!! You look amazing by the way!

[@rightright6582]

1-do u have to renounce your citizenship? 2-do not, I repeat do not give any money to anybody unless there is a document involved....there is not requirement to give a deposit to make an offer.... 3-HOw much % r your taxes based on what value

[@954766]

Thank you not being horribly disorganized. Useful information

[@kristinaschlegel2680]

Incredibly valuable! Thank you Rose! Mil gracias.

[@krisopinionsful]

Omg thank you!!! I'm trying to buy a home in Mexico City I'm definitely going to contact your broker. I've been so scared about who to ask for help in buying.

[@jesusplazasbizarreadventur123]

Enjoy Mexico. Don’t buy us all out on the other hand lmao🙏

[@chibanni14]

Payback for flooding America with Mexicans and destroying the housing and apartment market. Without Mexicans there would be way more housing for everyone else, less traffic, safer cleaner streets, quieter busses, etc

[@cloudstrife8596]

💯

[@venuskirby8243]

Good luck Rose!

[@alalesc3796]

Moving to Mexico soon! Best place to retire in Latin America and one of the best in the world.

[@je9759]

Great video!!! omg thank you for all the information!

[@marcosgomez9353]

You have a good spanish accent Rose kudos to you.

[@christopherhouse7937]

I hear Mexico City is amazing place to live! Great video. 👍🏻😃

[@jameelascanlan894]

Great video, this would be a great investment. I’m definitely going to look into it.

[@justsomethingtothinkabout8515]

Very informative video. Thanks for sharing your experiences.

[@josefinacoronado5307]

can you make a video of condominiums prepay sale, because someone asked 50% of the price and did not even start building the house

[@rodneyhigginson]

Great video, very informative. Hope you do a video on furniture buying as well. Thanks, take care.

[@HughJass-313]

What about your *Residency Status?* What type of Visa are you using? ☀️☀️

[@renerosalez4915]

Another good advice Rose ! I'm thinking of moving to Barrio Escobar in Medellin. They said its cheaper and peaceful.

[@gw7615]

Thank you for making this video. Are the apartments free hold or lease hold in Mexico?

[@TheMari28sa]

Can you do a tour of your current apartment? I'd love to see it.

[@itsrosehan]

I'm just in Airbnbs for now - hopefully will close and then move into my new place SOOOOOOOOON

[@lesliewilliams]

Great information. I love this video. Thanks!!

[@joecolon8197]

Very informative and thorough, thank you.

[@dennisdouglas4261]

Thank you for the step by step process.

[@craigb4449]

Love your channel! I want to buy rental property in Mexico as well until I move down in the next few years.

[@PsychicZya]

Hi Rose you'd mentioned there was a Fintech company that you were going to list but I don't see it above? Can you drop it here please?

[@DanielRamos-uf3ui]

I also feel a great enthusiasm for Mexico. 🇧🇷

[@christineshannon7902]

Hey Rose! Thanks for the great video:)

[@hectorr3420]

Great, congratulations for your new purchase. But the way can you please talk about what are the benefits on taxes leaving in Mexico

[@MartinSage]

My folks thought they were smart. They found a great spot on the beach in Baja that was owned by a local. They hired a lawyer and drew up a 99yr lease that the owner agreed to. All parties signed. He got a payment every month and my folks got full use of the land. They spent $200,000 building their dream retirement home. Then one morning a knock on the door and these armed police appear. Seems the owner had suddenly died and his family were not going to respect any agreement he had signed and wanted my folks off THEIR LAND +OUT OF THEIR HOUSE! My parents had to leave everything! The lawyer said in Mexico the family didn’t have to honor the dead man’s contract so my folks lost their dream home and all their savings. Who knows who got paid…the police, the lawyer. Shady deals are everywhere south of the border! Soon after my Dad died from stress. My Mom moved to Oregon to be able to live cheap.

[@robertmesic8181]

The next couple of months ought to be great with crypto related investments and getting into a good passive income program is ideal

[@cutesparkle3228]

Crypto is the future everyone knows that one

[@Nnadi.]

As a Single Mother Crypto investments has helped me pay my bills and live happy. Wish I invested from the early days.

[@peterthomas..]

Last night, the market cap dropped.

[@Paschalnnadi]

Yeah.. this is the best time to purchase.

[@a.k5675]

Despite all of this crash in the trade market, this is still a good time to invest in Crypto.

[@tulbanemoore8405]

This is so useful. Thanks for sharing.

[@bobadillaj9]

Thank you for this information, this was helpful. As a dual citizen, I have been meaning to buy property in CDMX, but have not known how to go about. The only question I have is what would the Tax Advisor contact information help in the buying process?

[@MrRikkiRocket]

Nice video - thanks for the info Rose!

[@hooberdoober576]

I don't have enough years left to "invest". What do you have for old timers wanting to clean up by the end of next week?

[@Debraclark900]

Where did you choose to buy in Mexico. Also what was the cost of the property

[@Arbee1000]

Hi Rose, just wondering if you have a vehicle in Mexico City? Is the public transportation decent/safe for getting around without one?

[@sugarcoder]

Wow Rose...did you get a nice tan? And congrats on figuring out where you want to settle down and live! :D

[@user-Kingofkings3]

One question is it better to rent a house or apartment or to build a house or apartment

[@analeyva8655]

Thank your for this video! I'm thinking of purchasing a home in Mexico. I am a Mexican Citizen but clueless since I have lived in the US all my life! I will be heading over there this summer to explore my options! Plan is to eventually live seasonal best life of both worlds!:)

[@itsrosehan]

Glad it was helpful! Sounds like an awesome plan - go Ana!

[@raquelarmendariz925]

Ana, My husband and I just got keys to our apartment in CDMX. We are also Mexican citizens who have lived in the U.S. our whole lives (mostly) and had nothing more than an old birth certificate to prove citizenship. Believe me! It was an adventure. But no regrets. We are looking forward to splitting our time living between L.A. and CDMX.

[@analeyva8655]

@@raquelarmendariz925 Congratulations!!!!!!!! 🥳 I think just hearing this and seeing other people live their best life is so inspiring! So I have family in Mex City buy not sure if I want to buy there yet, I'm excited to explore this summer. I'm thinking maybe Guanajuato or San Miguel. I'm not a city girl. I own my he in FL so like you excited to experience both worlds!