Living & Retiring In Mèxico

Half a million Americans, Canadians & European Citizens call Mexico home on a ful time or a part time basis, without including the ones that have bought timeshares there.
When you ask retired Canadians & Americans why they chose Mèxico, you get a wide variety of answers. Some are realted to the weather -temperate-, Some others are related to economic reazons; dollar pensions generally go further here. Others looked for safety place to live, with a nice scenery, all within easy reach by air.

Buying Real Estate In Coastal Areas

Law regulating ownership of real estate in Mèxico defines as a rstricted zone only for mexicans 30 miles of any coastline or 60 miles of eithers borders. However to allow foreigners to purchase vacation or retirement homes in these zones, 1n 1973 the Fideicomiso (Bank Trust) was established, so the bank may administate the property on behalf of the buyer/beneficiary, who enjoys the same rights ownership as a Mexican National.
A permit to establish a trust can be obtein for a period of 25 years and then renewed. In the sale of a property with an existing trust, the seller may assign the rights to the buyer. There is a cost for the permit and registration, and there is the annually bank trust administration fee.

Investing In Mèxico

The North American Free Trade Agreement (Nafta) has made the gegraphic fact an economic reality: Mèxico is a part of North Amercia. The nore time that has elapsed since the treaty took effect on January 1, 1994, the more integrated the three economies have become.

Doing Business & Investing

The year 2000 marked the beginning of a new chapter in Mèxico`s history, as well as a new millenium. Mainly Mèxico`s economy achieve hight and sustainable rates of economic growth, providing economically stable conditions, so that the current cycles of inflation and devaluation were erradicated from Mexico`s economy.