Mexico and real estate business

[memocruz]

Foreign citizen in Mexican soil, are not allowed to buy a piece of land within 50 kilometers from the coast; therefore, any agreement signed by yourself will be not valid and you could lose all your investment.

However, they are several legal options that let you make business in real estate in Mexico; hence, it is necessary write a preliminary agreement before you do any money transfer.

Also, it is necessary review all the documentation related the vendor and the land in order to be sure that everything is according to law and you won’t take unnecessary risks.

Before any transaction you have to ask to the Real Estate realtor about the following documents:

-Land property title certified by a Mexican notary;
-Free litigation and Mortgage certificate (Cerificado de libertad de gravamen);
-Official designated number certificate (Alineamiento y numero oficial);
-Destination ground certificate (Uso de suelo);
-Executive project authorized by the Municipality;
-Construction license certificate;
-Final agreement draft.

Then you have some option:

-A Mexican citizen or a Mexican company could sign a preliminary agreement for you and eventually, a final agreement;
-You could be a shareholder of a Mexican company or fidecommissaryin a special trust;
-Also you could get a power of attorney in order to dispose about each property.

If you have any question or comment please feel free to contact us.

can you help with retiremtn home issues for americans/

For sure. Please give me a phone call o email me what do you have in mind and we could help you to reach your goal.

Sincerely

Guillermo Cruz
Managing Director
Cruz Herrera Ltd.
memo@memocruz.com
www.memocruz.com

[memocruz]

For sure, please give me a call o email me in order to know help ypu to find the best legal options for you.

We are retiring and plan to move to Mexico to live.

[memocruz]

We could help you to settle down in Mexico. We provide all the legal representation that you need to enjoy Mexico without legal inconvenients.

[memocruz]

We provide legal solution to North Americans in Mexico

Mexico represents an ideal place to start a new stage in your life. After years of hard work it is time to enjoy yourself in a great location that offers fresh and healthy food, extraordinary whether and friendly people; also, it is ideal because your dollars have more value there.

In Mexico, you could buy a beautiful property for five or ten-times less price than in Canada or USA; however, you have to be careful because sometimes you could be victim of a scam

Please keep in mind that Mexico has a different legal system than Canada and The United States of America, consequently, institutions, procedures, contracts and interpretations followed diverse rules and tradition. In some cases terms or sentences would have a legal meaning totally different and opposite than would be in plain Spanish or English.

If you want to get benefit of all opportunities that Mexico has to offer and to avoid unnecessary investment risks Cruz Herrera Ltd. can provide you with accurate and reliable legal advice.

Our services include consultation in Mexican law and assistance in setting up and maintaining legal contracts and investments in Mexico.