The prudent buyer will always locate and use an Exclusive Buyer’s Agent when searching for his/her retirement residence in Mexico; where caveat emptor, or buyer beware, is the rule to follow.

Those of us that have been fortunate enough to be invested in Mexico during the past decade have fared very well. Even though we’ve felt the impact of the financial downturn during the past couple of years, our Mexican stocks and Mexican properties have more than doubled in value while those in the US have lagged well behind.

As they say, all good things must come to an end; we all will pass on and when we do, the kids will probably be near retirement age. Hopefully, this will be a sad occasion for them however inheriting a beautiful condo in Puerto Vallarta will surely ease the pain!

If you are interested in learning more about investing in Mexican real estate you should definitely take advantage of this free webinar hosted by Guidant Financial Group.

About the Webinar:

Join David Nilssen, founder of Guidant Financial Group Founder as he interviews Tom Kelly, author of Cashing In on a Second Home in Mexico, and Sarah Cox, a licensed real estate agent from Cancun, about investing in Mexico. Learn about: 

• The process for buying in Mexico
• Where significant growth is anticipated
• Condo hotels that are guaranteeing to pay rent for the first 7 years

If you …

One thing is certain: There is no more beachfront property being created in the world, a fact that is driving the price of beachfront and near-beach property higher with each passing year. Beaches are part of ecosystems that have a dramatic effect on the health of both the oceans and human cultures they border. This fact has now been recognized, even in underdeveloped nations, and steps are being taken to protect all of the beaches of the world. As so-called “beach laws” are being enacted throughout Mexico, it must be …

As the Mexico resort real estate market continues to gain popularity among North Americans, one common theme exists; an increasing demand for insightful and relevant information among the entire Mexican resort real estate community, including developers, Realtors, owners, resellers and potential buyers. This is especially true in light of today’s more difficult economic times. Therefore, it seemed worthwhile to highlight the hottest current topics in the industry as discussed at the fourth annual Mexico Resort Development Conference in Carlsbad, California held in December 2008.
This year’s conference was once again …

Well, it appears as though the effects of the mortgage crisis in the US which began in March, 2008 followed by the collapse of the stock market in October, 2008 are finally being felt in Puerto Vallarta. Thanks to the strong Canadian Dollar, tourist expenditures in Vallarta for goods and services, including retirement real estate, held up fairly well for most of 2008. However, during the September/October timeframe, the Canadian Dollar plunged by more than 20%, thus reducing the Canadian purchasing power accordingly. Consequently, both the Americans and Canadians are …

Alvin Starkman M.A., LL.B.
From the roadside it appears to be a Georgia-style prison chain gang, working away with picks, shovels and wheelbarrows, lacking only the supervision of a shotgun toting warden on horseback à la Cool Hand Luke. Such an assessment is not far off, based on the Oxford definition of tequio: “Forced labor, imposed on the Indians by the Spanish.” But here in modern Oaxaca the occasional Sunday tradition is more in the nature of moral suasion or civic responsibility.
In a society still based largely on a cash …

If you have considered retiring in Mexico, you should prepare yourself to become accustomed to a very different culture and way of life. There are several things about living in Mexico that may come as a culture shock. Author Rosanne Knorr encourages those who are interested in retiring to a foreign land to give it a test run. She advocates that retirees spend time in the area of interest, immersing themselves in the local culture while they research things that will impact their future such as Mexican tax laws, the …

Consult the National Agrarian Registry (Registro Agrario Nacional, or RAN) to check if the property is on Ejido land.

Ejido land is land that has been set aside by the Mexican government for community farmers and can not be owned unless it goes through a complicated process where it is converted to private land. However people have been duped into buying ejido land so it is wise to check with the National Agrarian Registry to ensure the real estate you are buying is not ejido land.

Obtain a certificate of nonindebtedness …