We Moved to Mexico and Built Our Dream Home

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Moving To Mexico

Moving To Mexico

Күн бұрын

Пікірлер: 166
@YgG-c4z
@YgG-c4z 3 сағат бұрын
My dream! Hopefully, I can retire on my 50th birthday!!!! Nayarit Mexico ❤️
@USERMEX1000
@USERMEX1000 Күн бұрын
You look happy and that is very important. Welcome to Mexico gringous
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Gracias
@seanmilburn5489
@seanmilburn5489 8 сағат бұрын
Hi Josh and Sherry Sean from Atlanta your old neighbor from Doraville So glad to see you guys doing well and happy for you. I live in NC by the coast now and surround myself with some good Mexican friends. Josh few more grey hairs in the beard 😂 Sherry as beautiful as ever. Great to see this video.
@MovingToMexiCo
@MovingToMexiCo 6 сағат бұрын
Wow thanks for sharing! 👋
@armandob.castenelli3525
@armandob.castenelli3525 Күн бұрын
Congratulations you two. I am extremely happy you guys have found La Riviera Nayarita to live your lives. It is an amazing and tranquil living experience. Thank you for your input. Nayarit has so many places to explore. In other words, you will never get bored.
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Muchas gracias!
@MiguelReyes-fx2pe
@MiguelReyes-fx2pe 2 күн бұрын
Welcome to mexico, my friends. Enjoy this beautiful country and its amazing food.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Muchas gracias 🙏
@OzVillaVilla
@OzVillaVilla 16 сағат бұрын
Welcome guys, I am from Merida Yucatan, nice to hear you are happy here in Mexico. I am Cibersecurity engineer and worked many years in USA and I have a lo t of friends and always treated me with a lot of respect. Now I work remotely and that's why I returned to my beautiful Mexico
@MovingToMexiCo
@MovingToMexiCo 15 сағат бұрын
Very cool. How do you like your cybersecurity job?
@OzVillaVilla
@OzVillaVilla 8 сағат бұрын
@@MovingToMexiCo Very interesting and exciting, working in a global company protecting data and integrity is great. Keeping up to date with the new technologies that are coming out is quite a challenge.
@G.I.N.N
@G.I.N.N 2 күн бұрын
Your the typical couple from America .....Just have a open mind , smile , adapt , dive in2 the culture , lose your american sense of entitlement , humble yourself , embrace the ppl and remember your a guest. Good luck and always give thanks.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Well said 🙌
@mariad9193
@mariad9193 2 күн бұрын
@@G.I.N.N I know a lot of people from the USA that do not match your description of the typical American couple unfortunately 😕
@greeneyescris87
@greeneyescris87 Күн бұрын
Why does she look so familiar 😅😅 is she an actress?
@Oksure420
@Oksure420 21 сағат бұрын
Sure would be nice. If the people that came to the United States would do that.
@Javiknows1
@Javiknows1 20 сағат бұрын
@@Oksure420sheep
@adventuresofbajaboybajagir3029
@adventuresofbajaboybajagir3029 2 күн бұрын
Nice I bought land south of Rosarito and they just finished our house beautiful view of the Pacific Ocean
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Felicidades!
@castanedagus
@castanedagus 3 күн бұрын
Loved the video and their story I can’t believe how many Americans have moved to Mexico abd live it. All over the country not just beach resorts. I’m glad they wrote the book. Much success to them I e lived in LA all my life but my roots and family are from beautiful and tropical Nayarit!
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
I’m glad you enjoyed it! Nayarit is a beautiful state 🙌
@tl2813
@tl2813 Күн бұрын
It’s amazing how so many fleeing this country but, we’re wanting to come in.
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
This is true.
@Mr.267LosAngeles
@Mr.267LosAngeles Күн бұрын
@@MovingToMexiCo Exactly! Tourist and surfers have disappeared down there never heard from again or thrown in the Mexican jails and extorted their loved ones. That’s a no man’s land. Please be careful and God bless.
@mgzan4572
@mgzan4572 Күн бұрын
@Mr.267LosAngeles That's Mexican people's land, my land. I've never heard of surfers disappearing in Mexico, sure there's been incidents just like in every part of the world.
@Mr.267LosAngeles
@Mr.267LosAngeles 18 сағат бұрын
@@mgzan4572 Please see this: New details after Australian, American surfers killed in Mexico:
@mauriciosanchez906
@mauriciosanchez906 2 күн бұрын
Welcome to Mexico, I hope you guys love our country & enjoy it.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Muchas gracias 🙌
@elizabethdominguez8461
@elizabethdominguez8461 4 сағат бұрын
Wow wonderful job with the renovated house, good luck in Mexico.🇲🇽
@pv6450
@pv6450 4 күн бұрын
That was a great video. I really liked the format and great info.
@MovingToMexiCo
@MovingToMexiCo 4 күн бұрын
Thank you 🙌
@MariaKGrace
@MariaKGrace 2 күн бұрын
I’m leaving early next year to travel the country for several months to find my spot. I have always felt safer in MX than the USA.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
That sounds like a great plan. Best of luck to you 🙌
@JesusHernandez-gi3hq
@JesusHernandez-gi3hq Күн бұрын
I definitely admire you for doing something that I have been trying to do for many years. I was born in Mexico, and I go every year to see my parents and siblings. I have five kids, all grown. My father just passed away this year, and my mother is still there. Since all my kids have their lives going on (James is a Marine), I might follow you example amd finally go back. ❤
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Best of luck to you 🙌
@celestetibbs3100
@celestetibbs3100 14 сағат бұрын
Great video! Very informative and the presentation is excellent.
@MovingToMexiCo
@MovingToMexiCo 14 сағат бұрын
Thank you!!
@Moni_type1
@Moni_type1 4 күн бұрын
thanks for this video. They are living my dream
@MovingToMexiCo
@MovingToMexiCo 4 күн бұрын
Mine too! They’re doing it right.
@MichaelWalshWallyWalsh
@MichaelWalshWallyWalsh 2 күн бұрын
Awesome! Really inspiring journey you've been on. Happy for you both.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thanks so much!
@benzoh28
@benzoh28 3 күн бұрын
Construction out there is forsure something they tend to lag on a lot lol , good thing they were involved/present daily
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Yes for sure!
@castanedagus
@castanedagus Күн бұрын
Construction here in LA lags even more. Especially when waiting for inspectors to approve permits. Then contend with contractors who don’t fulfill their promises. Ever seen hgtv’s Holmes on Homes??? Disasters all over the country from shoddy work left half assed 😫
@alanacollins5685
@alanacollins5685 3 күн бұрын
What a great job they did! Such a beautiful home 🏡 And great job on the video Paul😊
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Thank you Alana 🙌
@tuffitout2568
@tuffitout2568 3 күн бұрын
I'm an expat too---> I moved to South Dakota. An absolutely brilliant and freeing decision.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Right on!
@Mr.267LosAngeles
@Mr.267LosAngeles Күн бұрын
@@tuffitout2568 much safer where you’re at probably won’t get thrown in jail or kidnapped
@luisamador6281
@luisamador6281 2 күн бұрын
You guys are soooooo lucky, I want it to do that for so long, but i'm still stuck in the USA.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Maybe one day!
@ZuyinLuy
@ZuyinLuy 9 сағат бұрын
@@luisamador6281 just do it! You will love 🇲🇽 welcome!
@kbee1735
@kbee1735 20 сағат бұрын
I have a friend born in Mexico and only she can buy land to build… I wonder how you did it ? Wonderful story and wishing you all the best! ❤
@MovingToMexiCo
@MovingToMexiCo 19 сағат бұрын
Foreigners can own land in Mexico, but there are specific rules depending on the property’s location: 1. Inside the Restricted Zone The Restricted Zone refers to areas within: • 50 kilometers (31 miles) of the coast. • 100 kilometers (62 miles) of an international border. Foreigners cannot directly own land in these areas. However, they can legally acquire and control property in the Restricted Zone through: • A Fideicomiso (Bank Trust): A Mexican bank holds the title to the property on behalf of the foreign owner, who has all ownership rights (to sell, lease, develop, or inherit). • A Mexican Corporation: For commercial purposes, foreigners can form a Mexican company to hold property titles in the Restricted Zone. 2. Outside the Restricted Zone Foreigners can directly own land fee simple (full ownership) outside the Restricted Zone, with no restrictions. Fideicomiso Details: • Valid for 50 years and renewable indefinitely. • Costs include a setup fee (approximately $500-$2,000 USD) and annual maintenance fees (around $500-$1,000 USD). Key Points for Foreigners: • Foreigners must adhere to the “Calvo Clause,” which means agreeing not to seek foreign legal protection or intervention concerning their property. • Ensure all transactions are conducted with proper legal representation and a notary public to verify the title and avoid fraud.
@fredminfredmin2911
@fredminfredmin2911 Күн бұрын
❤❤❤that’s my goal , in two years!!!
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
🙌
@ZuyinLuy
@ZuyinLuy 9 сағат бұрын
Welcome in advance 🫶🇲🇽
@stevendesmond7064
@stevendesmond7064 3 күн бұрын
They did a beautiful job with the homes. ❤Paul, it was like watching an episode of hgtv.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Gracias!!
@veyronfast
@veyronfast 14 сағат бұрын
your house looks nice .congratulations !
@MovingToMexiCo
@MovingToMexiCo 13 сағат бұрын
Thank you!
@adamhume5999
@adamhume5999 3 күн бұрын
Appreciate you not being specific about the location
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
🤙
@CallowG
@CallowG 4 күн бұрын
Great video, Paul!
@MovingToMexiCo
@MovingToMexiCo 4 күн бұрын
Glad you liked it!
@CLEARCIRCLEMEDIA
@CLEARCIRCLEMEDIA 3 күн бұрын
It would be nice to know a ball park cost of the reno. Good job on the video.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Good point. I’ll be sure to include that info in the next video. Thanks!
@Juan-xe1jq
@Juan-xe1jq 2 күн бұрын
Love your video great job on your new remodel house looks fantastic
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thank you 🙌
@alalesc3796
@alalesc3796 3 күн бұрын
Great video! Mexico is the best country for American expats!!! 😀
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
Thank you!
@TheGatilla
@TheGatilla 3 күн бұрын
Immigrants
@alalesc3796
@alalesc3796 3 күн бұрын
@ call it whatever you like, the great thing is that they live in Mexico!
@majortom8047
@majortom8047 3 күн бұрын
@@TheGatilla I'm an immigrant too...and loving it for the past 7 years.
@andreaelizabethpadillaramo4595
@andreaelizabethpadillaramo4595 2 күн бұрын
Yes, and that’s why it’s all gentrified and the prices for the locals and natives are super expensive now.
@valm.5243
@valm.5243 4 күн бұрын
Great interview! I hope this will be me in 2 years. Working on it!
@MovingToMexiCo
@MovingToMexiCo 4 күн бұрын
I hope so too! Let me know and I’ll come interview you 😉
@valm.5243
@valm.5243 4 күн бұрын
@@MovingToMexiCoHahahaha...sure...that would be great! I'll keep you posted! ☺️
@MovingToMexiCo
@MovingToMexiCo 4 күн бұрын
@ 🤙
@alejandrito8151
@alejandrito8151 3 күн бұрын
Me in 3 yrs i am 31 right now 🙏
@lisescheiman5092
@lisescheiman5092 3 күн бұрын
The Chinese are buying up ports all around the South American coastline........and you're worried about food?
@arrasandoferr2369
@arrasandoferr2369 2 күн бұрын
Viva México 🇲🇽
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
🇲🇽
@carolinahernadez2473
@carolinahernadez2473 Күн бұрын
Welcome to Mexico 👍👍👍✌️✌️
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Gracias 🙏
@rogeliocarmona246
@rogeliocarmona246 10 сағат бұрын
That’s the way of life 👍
@MovingToMexiCo
@MovingToMexiCo 8 сағат бұрын
🤙
@gracielafelix5845
@gracielafelix5845 Күн бұрын
Wow your house is so beautiful ❤
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Thanks 🙌
@stephaniebeckmann6356
@stephaniebeckmann6356 2 күн бұрын
Loved the video. We are just finishing our construction project in Mexico and I’m interested in where you sourced the fire table.
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thank you!
@sharontanouye4707
@sharontanouye4707 3 күн бұрын
Well done!
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
👌
@baudeliotorres5426
@baudeliotorres5426 Күн бұрын
Wow nice, I would love to do the same, I love that erea I go every year, infact i was born in Jalisico in a small town, but i was raised in USA, but my plan is to build a retirement home buy the beach 🏖️ somewhere in Puerto Vallarta or Nayarit , so happy for you 😊
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Thank you! Best of luck to you 😃
@speakn0ev022
@speakn0ev022 2 күн бұрын
A Mexico video with no mention of tacos, unheard of
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
I just had tacos and they were delicious.
@stevendesmond7064
@stevendesmond7064 Күн бұрын
Just had tacos at tacos & beer in Bucerias for the first time-so good!!
@Dan_BCtoAZ
@Dan_BCtoAZ 2 күн бұрын
How close to the water are you? Assuming you used a bank trust if you’re within the restricted zone? House looks beautiful, well done!! I wish you all the best, and happiness, in your life adventures. “While you can buy land in Mexico as a foreigner, you generally cannot directly purchase land within a "restricted zone" which is defined as an area within 50 kilometers (31 miles) of the coastline, meaning you can't directly buy land close to the water in Mexico without using a legal mechanism like a bank trust (fideicomiso) to hold the title on your behalf.”
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thanks for sharing! At some point Mexico decided to protect its coastline from foreign invasion. So basically the fideicomiso was setup so foreigners can still use the coastal land as if they are owners but if the Mexican government decides that a section of coastline is being used as a port for an invading nation, they could come in and reclaim the land for military purposes. At least that’s how I understand it. “The fideicomiso (trust) was introduced in Mexico as a legal mechanism to address constitutional restrictions on foreign ownership of land in the restricted zone, which includes land within 50 kilometers (31 miles) of the coastline and 100 kilometers (62 miles) of the national borders. These restrictions were originally established in Article 27 of the Mexican Constitution of 1917 to safeguard the nation’s sovereignty and prevent foreign domination or control of strategically important land areas. Historical Context: Concerns About Foreign Invasion 1. Historical Foreign Incursions: • Mexico faced several instances of foreign invasions and interventions in the 19th century, including the Mexican-American War (1846-1848) and the loss of significant territory to the United States, as well as European interventions like the French Intervention (1862-1867). • These events created a heightened sense of national vulnerability and a strong desire to protect Mexican territory from foreign influence. 2. Economic Imperialism: • During the Porfirio Díaz regime (1876-1911), large amounts of land were sold to foreign investors, leading to significant foreign control of Mexican resources and land. This fueled resentment among the Mexican population, as it often came at the expense of local communities and indigenous groups. • The Mexican Revolution (1910-1920) arose in part as a reaction against this foreign exploitation and the concentration of wealth in the hands of foreigners and elites. 3. Sovereignty Protection: • Article 27 was designed to ensure that strategic areas of Mexico, particularly coastal and border zones, remained under Mexican control. These areas were considered critical to national defense and economic independence. How the Fideicomiso Addresses These Concerns The fideicomiso system was introduced in 1973 as a way to allow foreign investment in Mexican property while still adhering to the constitutional restriction. Through this system: 1. Legal Ownership: • The land remains legally owned by a Mexican bank acting as a trustee, ensuring compliance with the Constitution. 2. Control for Foreigners: • Foreigners can obtain the beneficial rights to the property (including selling, leasing, or developing it) through the trust, effectively allowing them to use the land as though they owned it. 3. National Oversight: • By requiring the involvement of Mexican banks and government approval, the fideicomiso maintains a layer of national oversight, ensuring that foreign investments do not compromise Mexican sovereignty. Modern Implications While the fideicomiso has successfully encouraged foreign investment in Mexican real estate, it is rooted in a historical need to balance economic opportunity with the preservation of national security and sovereignty. By providing a structured way for foreigners to invest without direct ownership, Mexico can maintain control over its most sensitive territories while benefiting from global economic engagement.”
@enriquecasillas207
@enriquecasillas207 2 күн бұрын
How were you able to buy in Mexico being a foreigner?
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
It’s quite common. Find a Reputable Real Estate Agent: Engage a licensed real estate agent familiar with the local market to assist in finding suitable properties. • Hire an English-Speaking Mexican Attorney: It’s advisable to have a legal representative to review contracts, ensure clear title, and navigate the legal requirements.  • Make an Offer and Sign a Sales Contract: Once you find a property, make an offer. If accepted, a sales contract (Contrato de Compraventa) is drafted, outlining the terms and conditions. • Establish a Fideicomiso (if applicable): If the property is in the Restricted Zone, work with your attorney and a Mexican bank to set up the fideicomiso. • Due Diligence: Conduct thorough due diligence, including title searches, to ensure the property is free of liens or encumbrances. • Closing: A Notary Public (Notario Público) will oversee the closing process, ensuring all legal requirements are met. At this stage, you’ll pay the remaining balance, taxes, and fees.
@deanna3277
@deanna3277 3 күн бұрын
Amazing . I thought
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
👌
@munarsl6744
@munarsl6744 6 сағат бұрын
Justo to say welcome you yo my México regards
@MovingToMexiCo
@MovingToMexiCo 6 сағат бұрын
Muchas gracias
@Mr.267LosAngeles
@Mr.267LosAngeles 2 күн бұрын
Your so brave. I dont trust the area or the Federal police...
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thankfully this are of Mexico is relatively peaceful.
@jorgerosado6674
@jorgerosado6674 Күн бұрын
So young migrants right? Would be great if you really integrate by learning the language but I guess living there is a start...
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Thanks for watching!
@mariad9193
@mariad9193 2 күн бұрын
Shouldn't the title of your book be something like ...young couple immigrating to Mexico?
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
🤷‍♀️
@JuanKis
@JuanKis Күн бұрын
Excelente video and adventure! This is on the Pacific right? What is the name of the area?
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Yes, it is! Riviera Nayarit.
@JuanKis
@JuanKis Күн бұрын
@MovingToMexiCo Beautiful 😍 I tried to Google the city from a car plate in the video, but it was someone from Guanajuato visiting the Riviera 😂
@waynevandermeer3050
@waynevandermeer3050 4 күн бұрын
Not sure I caught what town they’re in. Bucerias?
@1EQUALS-INFINITY
@1EQUALS-INFINITY 4 күн бұрын
Riviera Nayarit.
@ramonamakela1902
@ramonamakela1902 4 күн бұрын
Riviera Nayarit is an area. I was also wondering what town.
@GmanSJ
@GmanSJ 3 күн бұрын
They never said. In the jungles above PV/Riviera Nayarit somewhere
@Babee-tt6hr
@Babee-tt6hr 3 күн бұрын
Are you becoming a legal citizen. What does it take to become a legal citizen of Mexico. Make sure you are not tossed out of Mexico and their government keep your property.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
👌
@EM-dw2yv
@EM-dw2yv 7 сағат бұрын
@@Babee-tt6hr us does that.
@andresmattos7541
@andresmattos7541 2 күн бұрын
Do you guys feel safe in Mexico? I wouldn't
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
I feel safe
@eduardoE5252
@eduardoE5252 5 сағат бұрын
Wow !!, dejaron todo en EEUU por vivir en México, sean bienvenidos y reciban saludos desde el EdoMex.👋
@andyleo8418
@andyleo8418 Күн бұрын
They must have had a huge offer for their 1st home because it was a huge downgrade into their 2nd home.
@RossVesci
@RossVesci Күн бұрын
What part of Mexico are you In
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Riviera Nayarit
@iramchavez6898
@iramchavez6898 Күн бұрын
Beautiful home,and amazing part of mexico.the only issue i have is why Americans, canadians,and Europeans call themselves expats when they should call themselves immigrants just like they like to call us,meaning people from mexico, Latin American or the rest of the world.
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Good point!
@amhome697
@amhome697 Күн бұрын
Congrats! We've been thinking about making the same move, but not having any family or friends in Mexico has delayed our decision to move! Also, I have a question: My partner and I work remotely, and one of the other concerns is how to work and live in Mexico and the legality of getting paid and paying taxes? Is that info you can share or is that in your book?
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Thank you for your comment! Moving to a new country can definitely feel like a big leap, especially without friends or family already there. It’s great that you’re exploring your options! Regarding working remotely and paying taxes while living in Mexico: It’s possible to live and work remotely here, but you’ll need to ensure that your visa status aligns with your work. Many remote workers apply for a Temporary Resident Visa, which allows them to live in Mexico for up to 4 years. If you’re earning income from a foreign employer or clients and not a Mexican company, this typically means you won’t need a work permit but might still have tax obligations. For taxes, Mexico has a tax treaty with many countries to prevent double taxation, so it’s worth consulting with a tax advisor familiar with international and Mexican tax laws. They can guide you on how to manage income reporting and tax payments in both your home country and Mexico.
@andys242424
@andys242424 2 күн бұрын
Did they retire and if so, how’d they earn the $$ to afford doing all this? Good video btw!
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thank you! They work from home.
@tabkh-671
@tabkh-671 Күн бұрын
where are you located in Mx? and how much it all cost?
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
This is in riviera Nayarit.
@EthanMurray-h7u
@EthanMurray-h7u 9 сағат бұрын
A lot of I....need more we
@MovingToMexiCo
@MovingToMexiCo 8 сағат бұрын
🤔
@kristirichards2249
@kristirichards2249 3 күн бұрын
That's awesome. You must not have elderly parents in the US.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
🤔
@lennym.s5453
@lennym.s5453 Күн бұрын
Donald trump is currently talking about big deportation and Claudia sheimbaum reponse is the same , if trump goes that route, I hope nothing happens, I’m happy in the USA and you are happy in my Mexico
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Thanks for sharing
@fga1985
@fga1985 Күн бұрын
Don’t you have to be Mexican citizen to own property in Mexico?
@MovingToMexiCo
@MovingToMexiCo Күн бұрын
Yes, foreigners can own land in Mexico, but there are specific rules depending on the property’s location: 1. Inside the Restricted Zone The Restricted Zone refers to areas within: • 50 kilometers (31 miles) of the coast. • 100 kilometers (62 miles) of an international border. Foreigners cannot directly own land in these areas. However, they can legally acquire and control property in the Restricted Zone through: • A Fideicomiso (Bank Trust): A Mexican bank holds the title to the property on behalf of the foreign owner, who has all ownership rights (to sell, lease, develop, or inherit). • A Mexican Corporation: For commercial purposes, foreigners can form a Mexican company to hold property titles in the Restricted Zone. 2. Outside the Restricted Zone Foreigners can directly own land fee simple (full ownership) outside the Restricted Zone, with no restrictions. Fideicomiso Details: • Valid for 50 years and renewable indefinitely. • Costs include a setup fee (approximately $500-$2,000 USD) and annual maintenance fees (around $500-$1,000 USD). Key Points for Foreigners: • Foreigners must adhere to the “Calvo Clause,” which means agreeing not to seek foreign legal protection or intervention concerning their property. • Ensure all transactions are conducted with proper legal representation and a notary public to verify the title and avoid fraud.
@fga1985
@fga1985 Күн бұрын
@ very good info to know. Thanks 😊
@JamesBlazen
@JamesBlazen 3 күн бұрын
Too hot.
@MovingToMexiCo
@MovingToMexiCo 3 күн бұрын
👍
@Pyriel2
@Pyriel2 2 күн бұрын
Where is this??
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Riviera Nayarit
@bryngelsonjoy
@bryngelsonjoy 2 күн бұрын
Great video, Paul!!!!
@MovingToMexiCo
@MovingToMexiCo 2 күн бұрын
Thank you! 😃
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