Welcome to the Third Quarter Newsletter from The Settlement Company® by John K. Glaab, CIPS* (Certified International Property Specialist) As I write this, there are major political problems around the world and the global economy continues on a rather bumpy road. The International Monetary Fund is … [Read more...]
Buying Real Estate in Mexico by Harriet Cochran Murray
This is an interesting article written by Harriet Cochran Murray about the pro's and con's of buying property in Puerto Vallarta or San Miguel de Allende: "Ten years ago a client bought a stunning home in Puerto Vallarta with 360 degree views of the bay, mountains and jungle. While she is here she … [Read more...]
Hot Fun in the Summertime! – by Jim Donahoe, Baja Sur
Sly and the Family Stone made this song a hit in 1969, but it might as well have been written as the anthem song for summers in La Paz, BCS, Mexico. Hot and Fun! Oh, and so many traditions, like counting the number of times each day that someone tells you how hot it is. Oh, really? There are many … [Read more...]
Americans Buying Homes For Sale in Mexico as Economic Refuge by Linda Neil
With the debt ceiling crisis and economic disaster in the United States more than ever Americans are looking to buy homes for sale in Mexico. In general, properties are less expensive in most areas of Mexico, food and other costs are lower and the quality of life can be far higher than that enjoyed … [Read more...]
Listing Agreements on Mexican Property by Harriet Cochran Murray
There are different laws and procedures you will encounter when you go outside your home turf. In the USA and Canada, the differences can be between states or provinces, and in Europe, the differences in the countries themselves. Louisiana has different real estate law from New York; Russia has … [Read more...]
Title Insurance – An Article by Linda Neil
The Essential Protection for Mexican Real Estate Canadian newspapers carried stories recently about the eviction of land owners in an area known as La Manzanilla, located on beautiful Tenacatita Bay, between Puerto Vallarta and Manzanillo on the west coast of Mexico. Many owners purchased property … [Read more...]
Living in Jalisco by Harriet Cochran Murray
Jalisco is the seventh largest state in Mexico, accounting for 4.1% of the country’s territory. It has 342km of ocean coastline and borders 7 states. (Nayarit, Zacatecas, Aguascalientes, San Luis Potosí, Guanajuato, Colima and Michoacán.) Jalisco is diverse terrain which includes forests, beaches, … [Read more...]
Property Taxes in Mexico – Linda Neil Properties, Baja California Sur
Just as in any other country, Mexico depends upon income from the annual tax on property to keep local governments functioning and provide important local services for the region. The good part is that the annual tax assessed on Mexican properties is often less than it might be for property in many … [Read more...]
Why Seniors Buy Mexican Real Estate in Puerto Vallarta and the Bay of Banderas In Spite of Issues
Why Seniors Buy Mexican Real Estate in Puerto Vallarta and the Bay of Banderas In Spite of Issues 1. All have major health care options in their home countries. There is no expectation that they will receive these national health plans in Mexico. However, most have the option to buy insurance here … [Read more...]
Applying The New Math for Retirement in Mexico By Jim Donahoe
The “baby boomer generation’s” dreams of retiring to and maintaining a comfortable lifestyle in a great paradise location (like La Paz) has come to realization. Retirees are heading down to Mexico to take advantage of reasonably-priced health care, food, transportation, entertainment, travel and … [Read more...]