IGNORING U.S. INCOME TAX RULES ON OWNERSHIP OF MEXICAN PROPERTY THROUGH FIDEICOMISOS OR MEXICAN CORPORATIONS CAN COST THOUSANDS OF DOLLARS IN PENALTIES! (Your clients probably do not know about this rule, but should) There are three serious potential IRS tax problems which may cause you or your American real estate and business investors in Mexico [...]

By MOLLY GLENTZERCopyright 2007 Houston Chronicle PUNTA MITA, MEXICO — It’s hard to say exactly when Punta Mita charmed me in spite of myself. Maybe when I took that first sunrise walk on an empty, pristine white beach. I picked up a free souvenir: a speckled blue spiny lobster shell. I climbed to the top [...]

By PEGGY GRODINSKYCopyright 2007 Houston Chronicle The Marieta Islands, a craggy, wild, grassswept national park off Punta Mita on Mexico’s Pacific coast, are home to another of the area’s famous natural residents: the blue-footed booby (Sula neboxuii). The seabirds’ shockingly bright blue feet are thought to attract the opposite sex. “They dive from sometimes rather [...]

Spend day in Sayulita for a different shopping experience By MOLLY GLENTZERCopyright 2007 Houston Chronicle SAYULITA, MEXICO — If you have a shopping jones and don’t want to leave Punta Mita, prepare to spend big bucks. There are upscale shops for clothing, gifts, jewelry and art at the Four Seasons Resort. But for something a [...]

By MOLLY GLENTZERCopyright 2007 Houston Chronicle PUERTO VALLARTA, MEXICO — Even from the back seat of a van full of sunburned travel writers, Puerto Vallarta entices at night. There’s a carnivallike atmosphere along the famous Malecon promenade near the center of town. Turn inland a few blocks, and the quieter, narrow streets yield boutiques, art [...]

By PEGGY GRODINSKYCopyright 2007 Houston Chronicle PUERTO VALLARTA, Mexico — You may not have flippers or a shell, but if you are among the growing number of tourists and expatriates captivated by the beautiful Pacific coastline north of Puerto Vallarta, you do have something in common with sea turtles: a taste for pristine, undeveloped, remote [...]

10:00 PMPDT on Saturday, April 14, 2007By JASON BLEVINSThe Denver Post SAYULITA, MEXICO – Legend holds that those who drink the water in this whimsical fishing-village-turned-surf-hideaway will fall prey to the region’s siren song, assuring not only several return trips but a lifetime spent snaring others under Sayulita’s salty spell. Wedged between dense jungle and [...]

From China to Mexico to Ukraine to Dubai, most fairways still are part of residential projects By: Kevin Brass Published: April 12, 2007 Now that Britain is saturated with fairways, greens and bunkers, David Hemstock, a golf course architect, travels the world looking for work. “In the U.K. we’re golfed up,” said Hemstock, who has [...]

Ex-Chicagoan gives Mexican kids leg up with English fluency at his non-profit school By Marla DickersonTribune Newspapers: Los Angeles TimesPublished April 11, 2007 PUERTO VALLARTA, Mexico — A few years after retiring to this Pacific resort city, American David Bender was bored with golf. His new hobby, he decided, would be tackling Mexico’s income inequality. [...]

The real estate market in Mexico is booming — and it’s about to explode. That’s the message three Valley entrepreneurs are sending to potential investors in Arizona, across the nation and around the world. “Buying property in Mexico is a wonderful opportunity,” said Tim Kelley, chief operating officer of the IMI Group, a Phoenix-based investment [...]

Standards Road Traffic:right sideVoltage:127VFrequency:60 HzPlug types:A & B,TV Systems:System: NTSC M DVD-Region: 4 Geography Bordering countries:Belize 250 kmGuatemala 962 kmUS 3,141 kmLocation: Middle America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the US and bordering the North Pacific Ocean, between Guatemala and the US Area: total: 1,972,550 sq kmland: 1,923,040 [...]

By Christopher ReynoldsLOS ANGELES TIMES CHACALA, Mexico – 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,” said Ben Laird, a Wisconsonite who bought a vacation [...]

Property values in México, like in the US, tend to increase year-over-year. As the demand for ocean front property in the US has outstripped supply, it has become an unobtainable commodity for the average person to afford. However, in México, there are numerous locations where one can still afford the ocean front home, condo or [...]

Banyan Tree to Joint Venture to Build a World Class Resort in Chamela with Golf Banyan Tree Holdings is investing with a Mexican partner to develop approximately 500 acres in Chamela, approximately 2 hours south of Puerto Vallarta. The integrated resort will offer guests spectacular views of the protected islands around Chamela and will feature [...]

We have heard different interpretations of the Mexican capital gainstax and what we must do to avoid it, what is yours? We have FM3s (working, not just retiring) and have had them and lived here for 11years not owning any other house. Our rental business is a soleproprietorship that pays all pertinent local, state and [...]

April 2, 2007 By Kent Paterson Elizabeth Rogers and Alex Kelly embarked on the trip of their lives. Selling their Chicago condominium, the couple flew to Puerto Vallarta, Mexico, this past winter for a needed break from the old work routine. Based in beautiful but expensive Banderas Bay, the young travelers visited beaches, endured roving [...]

By Tom CarterTHE WASHINGTON TIMESApril 1, 2007 The Mexican Constitution forbids foreign nationals from owning land within 31 miles of the coast. However, in 1994, the government amended the constitution and created legal mechanisms allowing foreigners to safely invest in beach property. “There are big incentives for foreigners to invest in residential property,” said Alvaro [...]

Nancy Lanthier, Vancouver SunPublished: Saturday, March 31, 2007 Two local lectures in April will shed light on travel opportunities — one to explore the little-known Southeast Asian country Myanmar (formerly Burma), the other to experience a spiritual ceremony in Mexico. CanWest contributor Andrew Renton describes Myanmar in a press release as “a magical yet contentious [...]