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Sunday December 17 2017

Business
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What Can Go Wrong in a Mexican Transaction?

What can go wrong? The answer - everything... However, with competent counsel, a real estate sale in Mexico can be as safe as one in the United States. Understanding Mexican property law can safeguard the investment. The primary cause of Mexican real estate transactions going bad is that the legal process is not followed or all of the steps ...

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Investing in Mexico Makes Sense

Mexico’s vibrant economy and strong peso make it a safe investment. The recent election of Felipe Calderon as President was a boom. Committed to enhancing foreign trade and investment, reforming fiscal policies, and attacking corruption and crime, Calderon has shored up foreign confidence in his country. The peso is strong and direct foreign ...

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Dealing with Labor Laws in Mexico

Mexican Labor Laws differ from those in the US and are more heavily weighted towards protection of the employee. As an employer, here are some advice on protecting your interests. Most foreigners who come and live in Mexico think they can hire and fire an employee “just like back home.” This line of thoughts can only bring situations that...

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Invest in Playa del Carmen Today... and Realize the Benefits Tomorrow

Playa del Carmen is the fastest growing city in Latin America. And the Riviera Maya is the fastest growing tourist destination anywhere in the world! With those two factors, it is easy to understand why investment opportunities in real estate in this area are booming. Tourism in Playa Del Carmen is now one of the fastest growing coastal towns in...

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Mortgage Business is Growing

Numerous financing opportunities exist for vacation-home borrowers across the border. Brokers with a mind for details, the ability to handle property, income and legal documentation, and a familiarity with Spanish might consider expanding their business into Mexico. A growing number of lenders offer financing options for a variety of Mexican...

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The Canadian Dollar Goes a Mile

Upon retiring from Houston, Texas more than ten years ago, we were very fortunate to have chosen Puerto Vallarta, Mexico as our retirement destination. Fortunate, because during the past decade, more specifically during the past seven years while the PAN Party has governed Mexico, the Vallarta area economy has virtually exploded with growth result...

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Short on Cash in Vallarta?

Attention all baby boomers; are you starting to think about retirement but your cash is tied up in 401k´s, IRA’s, pension programs, retirement funds, stock options, or your residence and you’re not quite ready to liquidate any of these assets? Have you been watching retirement properties continue to escalate in price and are concerned that th...

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The Financial Innovator - Interview with Edwin Vega from GE Money

After studying Systems Engineering and receiving an MBA from Thunderbird School of Global management in Arizona, Edwin Vega embarked upon a career that eventually led him to the top spot at GE Money Mexico, -General Electric’s Mexico based financial services division-. Edwin talks with Ventana Magazine about the mortage market for baby boomers...

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The Spanish Double Their Presence

In only 2 years, the Spanish have “conquered” the Mexican real estate market, duplicating their investment in this sector from $300,000 to $2. 8 million. According to data released by both the Secretary of Economy and brokerage CB Richard Ellis, the number of Spanish enterprises also increased during the same period, from 8 to 20. The...

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Using American Financing to Purchase Mexican Property

With the changing of the Mexican Foreign Investment Law over the last few decades, many foreigners are now taking advantage of the opportunity to purchase real estate in Mexico. Homes and undeveloped land are being purchased at a rapidly increasing rate by citizens of the USA, Canada, and other foreign countries. And with the ability to now o...

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Business
The best business opportunities in Mexico.