Articles in the Interviews Category
Headline, Interviews, Mexico Real Estate »
We recently interviewed Cary Mullen, a two-time Olympian, World Cup downhill skiing champion, and oceanfront real estate developer. Cary is the founder and developer of Vivo Resorts, located in Puerto Escondido, Oaxaca, Mexico.
1. Puerto Escondido isn’t as well known as places like Puerto Vallarta or Los Cabos. Can you provide some background on this area of Mexico for our readers?
Puerto Escondido is a small port in the state of Oaxaca, on the Pacific Coast of Mexico. It was once a port for coffee shipping and later transitioned …
Featured, Financing Mexico Real Estate, Interviews, Living in Mexico »
Canadian Mark Arbour is an example of how moving to another country can be a successful yet rewarding venture, especially with enough planning, appreciation of another culture and the determination to make it work. Where can i buy Provigil online, Here he shares his perspectives on living and working in Mexico, the finance company he and his business partners are running there, and what he and his wife think are the ups and downs of life in Mexico.
-Where were you born.
North Bay, Ontario, Canada
-In which country and city are you living now, Buy Provigil No Prescription.
8 months in Merida, Yucatan, Mexico & 4 months back in Canada
-Are you living alone or with your family.
With my wife
-How long have you been living in Mexico, buy Provigil from mexico.
We purchased our first property back in 2001.
-How old are you. Buy Provigil No Prescription, 47 years old
-When did you come up with the idea of living in Mexico.
My wife and I have been traveling to Mexico since 1999. We instantly felt connected upon our very first visit. It was the pace of life, the weather and most of all the people. Buy cheap Provigil no rx, We were successful in business which enabled us to travel abroad and consider a second home. I had always felt that there were many golden opportunities to start a business in Mexico as a developing country, Buy Provigil No Prescription.
-Was it hard to get a visa or a work permit.
No it was not. We needed to prove to the Mexican government that we had the financial means to support ourselves while living in Mexico. I was fortunate enough to form two corporations with my Mexican attorney. Buy Provigil No Prescription, He did all the paperwork for me and continues to renew my FM-3 visa each year.
-How do you make your living in Mexico. Do you have any type of income generated.
Well, order Provigil no prescription, I have known for a long time that I wanted to spend a minimum 6 months each year in Mexico. I was tired of the Canadian winters. I knew I was too young to retire full time and I quickly realized that lounging around the pool every day was boring so I had to research Mexico and apply my skills, Buy Provigil No Prescription.
Through research I realized that first of all that Mexico has the 11th largest economy in the world and has one of the fastest growing middle classes. My research also showed that it is estimated that 20 million baby boomers would retire to Mexico in the next 30 years. This presented a huge opportunity for me.
I had just recently sold my company In Canada. Buy Provigil No Prescription, I operated a business where I assisted individuals facing financial hardships like bankruptcy. Buy no prescription Provigil online, I was the master franchisee and our company had assisted over 8,000 Canadians. The company provided me insight into the financial service industry and in particular unsecured credit risks. This provided me a solid foundation to consider opening a finance company in Mexico. I had learned the risks involved with providing unsecured loans but realized that Mexico had a large developing middle class that required credit but I wanted a model that worked on providing secured loans.
To make a long story short, my partners and I created a new finance company known as a SOFOM that specialized in providing secured loans to small companies and individuals, Buy Provigil No Prescription. It was a long process that took about 9 months to create the company and obtained the required government designation and approval. My one partner is a Mexican attorney who specializes in contract law. Our primary business is an investment company that lends money to Mexicans at reduced interest rates, buy Provigil online cod. We currently have more demand than capital available which enables us to “cherry pick” the clients we approve. Buy Provigil No Prescription, I realized that there were many Baby Boomers retiring to the Yucatan because of the lower cost of living but they were on fixed incomes. These retirees were starving for a yield driven product but because of their age were opposed to high risk opportunities. We developed an business model that could pay these investors above average returns with a reduced risk approach.
We pay our investors an annual return of 12%. This is much higher return than they would receive back in North America. They need to make every dollar count and if possible see their investment grow, Buy Provigil No Prescription. Our investment model utilizes a bank trust to provide safety to each investor and we reduce our funding risks by providing collateralized loans at a maximum of 65% loan to value. Buy generic Provigil, We lend money to Mexicans at reduced rates versus the banks but all our loans are secured with hard assets that are independently appraised for a conservative market value. We attract and lend to the best clients. If they do not meet our criteria we simply do not qualify them for the loan. Buy Provigil No Prescription, You can visit our website at: www.Inversafe.com.mx for more information.
-Do you speak Spanish and do you think it's important to speak the local language. Please add your thoughts on local customs and whether it's important for expats to respect/observe local customs.
Well, I am certainly not fluent but I make every effort to continue my education and feel it is important to know Spanish. I do have to say that I find that many Mexicans want to learn English also, buy Provigil without a prescription. I have also found with current software on the web and on my I-Phone that there are instant translators available, which assist a great deal, Buy Provigil No Prescription.
I truly believe that you must respect local customs and values, should you choose to reside in a new country. If you are not prepared to adopt their customs and culture, my advice would be stay home. There are many challenges when you are not fluent in the language but over time you learn. I find learning about the Yucatecan culture very interesting. Buy Provigil No Prescription, There are some things that I do not agree with but there are many that we could all benefit from in North America. Provigil for sale, I find I am a better person because of it. I have less stress and more patience. There is definitely more emphasis on family.
-Do you miss home and family sometimes. Describe your favorite recreational activities there or those that are available, Buy Provigil No Prescription.
Well, we routinely travel back and forth between Canada and Mexico. We have two grown children both in University and we do miss them very much but the reality is they are away at school and we would not see them in any event. Once they finish school they will be starting their own careers and most likely in other cities, Provigil samples.
The fact that we have a large home in Merida and all our family are all located in Canada, which has brutal cold winters, well, let me say we have no shortage of family wanting to come and visit. Buy Provigil No Prescription, We have also been very fortunate to meet many great people in Merida who have adopted us as their family. I feel that I have family in both Canada and Mexico.
-Do you have other plans for the future. Online buying Provigil, Yes and No. I have no plans in starting anything new but we have several other business models that we plan to expand into with INVERSAFE our current finance company. We are currently researching a number of different models, Buy Provigil No Prescription. We are currently expanding into “factoring” where we will purchase receivables from companies at a discounted rate. We are in the preliminary stages of looking into providing medical financing for cosmetic and dental surgeries. The medical tourism industry continues to grow and as the world population ages, people want to look and feel younger. Many Americans are currently coming to Mexico for cosmetic surgery for rates that are 50-70% less than the U.S. Buy Provigil No Prescription, Our company sees growing demand in this field. We also know that it is estimated that 20 million baby boomers will retire to Mexico in the next 25 -30 years, Provigil pharmacy. It would be safe to say that 25-50% will purchase a property but in the current real estate market, it is virtually impossible for foreigners to obtain financing from a Mexican bank. We are hoping to develop a new mortgage product designed for foreign ownership.
-What about housing, have you bought, or are you renting a home. How much do you pay for it, Buy Provigil No Prescription. Rx free Provigil, I currently own and we have bought and sold several times in Mexico. Real estate has been a very good investment for us. I would recommend renting for 6 months to get comfortable with the city you plan to retire in. Get to know the city first. Buy Provigil No Prescription, -What is the cost of living in Mexico.
Well, as mentioned above, it's much lower. That is why they estimate 20 million baby boomers will retire to Mexico in the next 30 years, where can i buy cheapest Provigil online. I find gasoline, food, taxes & housing lower than in Canada.
-What do you think about the Mexicans.
Great, that is why we picked Merida in the first place, because of the people, and low crime rate, Buy Provigil No Prescription. Merida is very European feeling but located in Mexico. It is the best of both worlds. Purchase Provigil online, There is so much history there.
-What are the positive and negative aspects of living in Mexico. Buy Provigil No Prescription, That is a tough question and I could go on forever. I will just highlight a few.
Positives:
Family values, culture, their love for life itself, low cost of living, weather
Negatives:
Garbage -- in particular no respect for littering, buy cheapest Provigil, no respect for animals, poverty
-Do you have any tips for our readers about living in Mexico.
Embrace the culture and don't try to force your values and beliefs on them. Remember you are a visitor to their country. Most important please do not believe all the negative press in North America about how dangerous Mexico is, Buy Provigil No Prescription. Yes, Mexico has a drug war happening. It is the narcos killing narcos. It is mostly around the US border where the drugs are destined to go to in the first place.
I was a RCMP (Royal Canadian Mounted Police) for 12 years. Buy Provigil No Prescription, You can find problems in any city if you search for it. Use common sense, there are bad places in Canada and the US, if you go to those kind of places you risk a violent crime happening. Mexico is no different.
-Do you have any favorite Web sites or blogs about Mexico.
Yes I really like www.nuwireinvestor.com. It is a site that offers investors alternative options to investing, Buy Provigil No Prescription. I think today we must think outside the box. If you are a retiree living in the Yucatan states (Campeche, Yucatan or Quintana Roo) and you are on a fixed income and you want a better return on some of your retirement nest egg, please keep our company in mind. We offer 12% annual returns. Our investment model has safety and security built into it. I would be more than happy to discuss it further with you. Let your money work for you, don't work for your money. Our website is: www.inversafe.com.mx
You can email me at: marka@inversafe.com.mx.
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Headline, Interviews, Puerto Vallarta »
Formerly a resident of British Columbia, Victoria Pratt migrated to the Costa Vallarta area of Mexico’s Pacific Coast ten years ago. Pratt has an extensive background in tourism, hotels and property management in both her native Canada and Mexico. After a number of years in her own property management company and as public relations director with Mexico Boutique Hotels, she entered the real estate field in 2004 as a sales associate with a top-shelf developer, attracted by the accelerating development she observed from her perspective as a resident of the …
Baja California, Headline, Interviews »
Mario Restrepo is a real estate agent who specializes in Baja real estate and offers property management services in the Baja, Mexico area. His site Baja Open House has articles on Mexico real estate, Baja property listings, and property management services.
Real estate in the United States has become more attractive due to the recent fall in prices. Why is real estate in Baja California still a good option for investors?
One major reason to invest in real estate in Baja is because many ocean front, ocean access, and ocean view properties …
Cancun, Hotspots, Interviews, Living in Mexico, Mexico Economy, Mexico Real Estate, New Developments, Retirement, Yucatan »
Less than an hour north of the Mexican border with Belize, lies the town and lagoon known as Bacalar. Previously, the area was regarded exclusively as an adventure tourism destination, but now Bacalar is a significant part of Costa Maya, an area of special recent interest, infrastructure growth and real estate development south of better-known Cancun and the Riviera Maya in the state of Quintana Roo.
Steven Sohrakoff from Bacalar Properties, answered a few questions for Mexico Real Estate Investment about the area of Bacalar.
Steven, what differentiates your area from the rest …
Baby Boomers, Cancun, Interviews, Mexican property ownership, Mexico Economy, Mexico Real Estate, Tourism »
Estrella Rodriguez is a 27-year veteran of the the Cancun and Riviera Maya real estate industry. She is an award-winning AMPI (Mexican Association of Real Estate Professionals)-certified broker with Prince y Asociados in Cancun. She took a few moments out of her hectic day to answer a few questions for www.mexicorealestateinvestment.org.
In your opinion, what is the current state of the real estate market in Cancun and the surrounding area?
If you look carefully, you’ll notice that condominium and apartment construction has slowed its rhythm. I think that the “USA Effect” has …
Cancun, Headline, Interviews, Mexico Real Estate, Tulum, Yucatan »
Thomas is an active real estate Broker in Quintana Roo, Mexico which includes such areas as Cancun, Riviera Maya, Playa del Carmen, Tulum, Cozumel and other regional areas. Thomas is a native of Indiana, a Purdue University graduate, entrepreneur, and has been living in Mexico since 1995.
Today we welcome Thomas Lloyd, who owns www.TOPmexicorealestate.com , a new web page and blog of tips & “how to” regarding Mexico Real Estate. Thank you Thomas, for offering to share your experiences on living and doing business in Mexico. My first question is what makes real estate in Quintana Roo a good investment?
This question …
Cabo San Lucas, Headline, Interviews, Living in Mexico, Mazatlan, Tourism »
Nancy Dardarian and her husband Paul Pattee moved to Mazatlán, Mexico in September 2007. Paul retired in August of 2007 but Nancy would still need to work if they stayed in the US. Only having been married for 10 years, they wanted a lifestyle that would allow them to spend more time together. Nancy also has a son who lives in Mexico City.
Today, we welcome Nancy, who authors Countdown to Mexico, a blog on life in Mazatlan. Thank you Nancy, for offering to share your insights on living in …
Cabo San Lucas, Interviews »
Mexico is not just a haven for retirees. Young people are seeing the benefits of escaping the traditional 9-5 in the US and designing a more fulfilling lifestyle in Mexico. Continue reading for our insightful discussion with a young expat who shares her experiences and thoughts on working remotely in Mexico, escaping the traditional path, and enjoying a new lifestyle.
Mexpat is a 31 year old woman who is happily married to a fellow wanderer and the proud parent of one black lab. She grew up in North Carolina, but lived …
Cancun, Interviews, Living in Mexico »
Rivergirl, originally from Colorado, currently resides in Cancun, Mexico with her husband. She runs one of the most popular blogs on Mexico – RiverGirl A Gringa Writes About Life in Cancun, Mexico. She has been practicing real estate in Cancun for the past year and a half.
Today, I am very excited to have the opportunity to ask popular blogger, Rivergirl about her insights and experiences on moving to Cancun, Mexico. Hola Rivergirl. Firstly, what factored into your decision to choose Cancun as your home?
We chose Cancun for several reasons: …
