Tuesday, February 27, 2007 No one expects to live forever. Yet some naively think that moving to Mexico will kill their obligation to pay income taxes. In fact, U.S. citizens have to pay annual income taxes on all income earned from any source anywhere in the world, no matter where they live. While Americans moving [...]
‘Learn how to shop for Baja real estate’ weekend cruise planned for July
By O’SULLIVAN INTERNACIONAL INC.Tuesday, February 27, 2007 Ever wonder if retiring in Mexico is an option? Who would you ask to get basic questions answered: Can Americans own land? (Yes). Who can explain the process clearly? (Specialists). Are American property owners’ and buyers’ rights protected under Mexican law? Investing in a foreign country has complexity [...]
Resort community Punta Mita builds on growing real estate demand in Mexico
By MARTIN ELDER, Special to the Daily TranscriptTuesday, February 27, 2007 The demand for Mexican real estate continues to grow at the high end, leading to wider availability of mortgages and positioning Mexico as one of the fastest rising real estate destinations in Latin America. This claim was made in a recent report by leading [...]
Mexico: In Playa Chacala, sun, sand and something more
By Christopher Reynolds, Los Angeles TimesFebruary 24, 2007 Sure, there’s a great beach here, fresh fish, tall palms and only about 400 locals to share them with. But let’s start with the treachery and deception.”You wouldn’t believe the snakes. Snakes as big as your head,” says Ben Laird, a Wisconsonite who bought a vacation home [...]
International real estate sales challenge brokers and customers
Agents broaden their skills and knowledge of global methods to attract clients Poetry may be lost in translation, as Robert Frost declared, but in the world of international real estate, other things can be endangered too. A lack of familiarity with title or contract procedures — by the agent or by the buyer — can [...]
First U.S. PGA Tour event in Mexico opens with shot at ‘Devil’s Mouth’
PLAYA DEL CARMEN, Mexico: The first U.S. PGA Tour event in Mexico doesn’t have Tiger Woods, Phil Mickelson or the prestige of the Match Play Championship that also is being held this weekend. Instead, it boasts the “Devil’s Mouth.” With white sand in front and mossy grass dripping over various shades of limestone around the [...]
Mexico sees rise in foreign investments
Multinationals pumped in $18.9 billion in 2006, up 6.4%, according to government projections. By Marla Dickerson, Times Staff Writer February 22, 2007 MEXICO CITY — Foreign direct investment in Mexico probably increased 6.4% last year as U.S. manufacturers continued to ship production south of the border, the government said Wednesday. But the infusion of $18.9 [...]
The ‘Americanization’ of Mexico
New English-language journal takes advantage of the growing population of U.S. expatriates living south of the border Los Angeles Times MEXICO CITY — The signs are unmistakable: an NFL game at Azteca Stadium, soaring land prices from Ensenada to Merida and a Starbucks infestation of the swanky Polanco neighborhood. Though most U.S. residents are aware [...]
Big, Houston-based title company expands into southwest Texas
February 18, 2007 By Bill Sontag Feature Writer As with many financial institutions, real estate agencies, and international trade groups, Stewart Title Guarantee Company, Houston, is expanding title insurance services – and many other products – along the U.S. Mexico border. Stewart is described on the company’s Web site – www.stewart.com – as a “technology [...]
Access makes Puerto Vallarta a perfect snowbird perch
Tom KellyHerald columnist Who were the first snowbirds? It depends on where you ask the question. Historically, snowbirds have been retirees who escape the cold of winter for a warmer climate. Residents of the East Coast tend to say they were the first to dodge the snow by heading to Florida and the Caribbean. West-Coasters [...]
U.S. Developer Plans 400-Unit Full-Ownership Property for Seniors in Mexico
February 15, 2007 By Barbra Murray, Contributing Editor Front Porch Development Co. has announced it will develop a 400-residence full-ownership property, targeted to the over-50 active adult community in Nuevo Vallarta, Mexico. Burbank, Calif.-based Front Porch Development claims to be breaking new ground as it will be the first American developer to penetrate the Mexican [...]
Mexico Aims at Tourism with Money
Cancun, Mexico, Feb 15 (Prensa Latina) Mexico wants to give a shot of 1.3 billion dollars to its tourist sector this year with important investments, in order to become among the five most visited countries of the world in a short time, said national executives. Miguel Gomez Mont, president of the Fund to Foster Tourism [...]
International Living Magazine Details Top Seven Real Estate Opportunities Worldwide in 2007
BALTIMORE, Feb. 15 /PRNewswire/ — International Living magazine — a leading resource for helping people live, travel, and prosper overseas –has released its first annual forecast of the hottest international realestate markets. The report — Markets to Watch in 2007 — focuses on seven emergingreal estate markets that currently enjoy a special combination of economic,political [...]
GE Money on track to lend $150 mln in US-Mexico mortgages in 2007
MEXICO CITY (MarketWatch) — GE Money, the financial services arm of General Electric Co. (GE), expects to lend about $150 million this year to U.S. residents who want mortgages to buy residential property in Mexico, a company official said. “We closed (last year) with about $60 million of these loans. We are sure that this [...]
American Title Insurance Guards Against Risky Land Deals
Buying property overseas can be risky, but US and Canadians have access to a special service that can guard against loss. It’s called title insurance – a standard item for domestic property purchases for decades, and a growing safety net for people buying second and retirement homes abroad. Companies like First American Title Insurance Company, [...]
Carlyle Group establishes fund for investments in Mexico
Washington Business Journal – 10:39 AM ESTMonday, February 12, 2007by Neil AdlerStaff Reporter The Carlyle Group has raised more than $130 million for an investment fund focused south of the U.S. border. The D.C.-based private equity firm says its new fund, Carlyle Mexico Partners, has raised $134 million to commit to companies primarily in Carlyle’s [...]
$1 Billion in Real Estate Planned in Mexico by Related International, Division of The Related Group
Largest Condo Developer in United States Looks to Latin America for Urbanization ProjectsMIAMI–(BUSINESS WIRE)–The Related Group, the largest builder of luxury condominiums in the United States, announced today it will invest more than $1 billion in Mexico real estate over the next two years. To drive these efforts, the company has formed a new subsidiary, [...]
Ten affordable, under-the-radar Mexican cities and beach towns
The U.S. might share a nearly 2,000-mile border with Mexico, a country almost three times the size of Texas, but most American travelers are familiar with only a handful of its destinations—Cancun, Puerto Vallarta, and other beach towns that cater to Americans.While a relaxing vacation at a beach resort never hurt anyone, visitors who avoid [...]
Surf’s Up, and Upscale, as Sport Reverses Its Beach Bum Image
For $10,000 a day, you can have the ultimate surfing sojourn in Indonesia aboard the 110-foot Indies Trader IV, a sort of floating hotel with 15 cabins, a helipad and three-course meals with wine. A motorized tender takes you to the waves. Sandy Huffaker for The New York Times Liv Galendez learning to surf in [...]
Loans and Economic Overviews in Mexico
The law recognises that all legitimate debts are valid obligations of any debtor. The debtor shall fulfill its obligation, using all its assets where necessary. Securities in México are legislated by the Law of Securities and Credit Operations (Ley de Títulos y Operaciones de Crédito). According to this law securities can be nominatives or to [...]
DESTINATION MEXIC0
Staying ahead of the crowd on the Nayarit coastKeep heading north of Puerto Vallarta to find tranquil towns Christine Delsol, Chronicle Staff WriterSunday, February 4, 2007 (02-04) 04:00 PST San Francisco, Mexico — By the time I got to Sayulita, on the Pacific coast north of Puerto Vallarta, it was almost too late. San Pancho [...]
Buying the Dream
By Carolina BuiaPublished December 2003 Why settle for a country house when you can settle in a foreign country?Carolina Buia reports on making yourself at home in nine to-die-for destinations Spending a month in the country used to mean loading up the station wagon and driving an hour to the family cabin. But these days, [...]
At home in Mexico – Buying property in Mexico requires a trust
Sat, February 3, 2007 At home in Mexico – Buying property in Mexico requires a trust By ALAN CAPLAN BUCERIAS, Mexico — Going way back, formal trusts are a British invention created to protect rich folks’ assets. Over the centuries, though, they were adapted in many diverse forms throughout the world for various reasons. In [...]
Related Group Plans $1 Billion Push Into Mexico Real Estate
By Thomas BlackFeb. 5 (Bloomberg) — The Related Group Inc., a closely held builder of luxury condominiums based in Miami, plans to invest more than $1 billion in Mexican real estate to tap into U.S. demand for second homes on the beach. The company has acquired land with Mexican partners and plans to build branded [...]
Those are the breaks: Sorting out Sayulita’s legendary surfing scene
(02-04) 04:00 PST Sayulita , Mexico — From the far southern longboard breaks of Punta Mita to the beach-breaking tubes at San Pancho to the boat-accessed reefs of Chacala, the state of Nayarit delivers consistent, warm-water surf for all levels. It is renowned as one of the best surf coasts on the planet. Sayulita offers [...]
























Follow Us