At first blush David Hornick appears to be the most unlikely candidate to be spear-heading a housing development in the state of Oaxaca, one of the southernmost and poorest states in Mexico; his Spanish is sparse to be generous, until earlier this year he had never ventured to this part of the country, he’s never designed or built a home, and he’s lived virtually all his life in Schenectady, New York, leading a more or less typical, middle-class existence.
But Hornick had a vision, born of other life experiences which made …

One of Mexico’s most valuable resources is its thousands of miles of tropical coastline which will likely become increasingly more valuable in the future. Here are some of the top locations for beachfront property in Mexico.
5. Cabo San Lucas
At the southernmost tip of the Baja Pennisula, Cabo has become on the top beachfront destinations in Mexico. It has great accessibility from the mainland US, where it can take as little as two hours to get here by air. It also has a strong rental market where visitors are willing to …

Puerto Vallarta has grown from a quiet little fishing village to one of the fastest growing real estate markets in Mexico. Here are our top ten facts about this investment hotspot.
1. Sales of resort real estate in Puerto Vallarta has increased from $50 million in 2000 to $500 million in 2007 (NuWire).
2. Vallarta is home to 350,000 residents, with a community of 6500 expatriates (VisitPuertoVallarta.com).
3. PV is the number 2 resort town in Mexico with 2.2 million tourists annually (NuWire).
4. Vallarta’s continuously expanding international airport welcomes more than 450 flights …

As part of its plans to respond to the growing tourism market in the Riviera Maya, the Mexican Federal government has been backing plans to construct and operate a new international airport in the Tulum area. Oscar de Buen, Undersecretary for Infrastructure for the Communications and Transportation Ministry, explained recently that the new airport will be built to handle the passengers staying all along the Riviera, and that there are also concrete plans to modernize the highway system in that corridor.
The location of the airport project, whose existence has been …

Mexico’s capital gains exclusion for sale of real estate is similar to that of the United States.
“There is no capital gains tax in Mexico if there is conclusive proof the seller has had the property as his or her primary residence for the previous two years” – Cashing in on a Second Home in Mexico by Tom Kelly
If you are a US citizen, you are still subject to US capital gains taxes which grants an exception of $250,000 for singles and $500,000 for married couples if you have owned and …

Isla Mujeres is an island paradise just a few miles off the coast of Cancun’s hotel zone. Isla Mujeres, which means “island of women” was once frequented by the Mayan people to seek favors from Ixchel, the goddess of fertility. Experiencing the aesthetic scenes of the island would quickly help you understand why the Mayans believed it to be the home of a goddess.
Today Isla Mujeres is a booming tourist destination with several ocean front developments that have just been completed or are currently under construction. Isla Mujeres is an …

Driving through Cancun’s Hotel Zone these days, you’d never know that this part of Mexico had been struck by Hurricane Wilma only a couple of years ago. All branches of government, along with the private sector, have not only erased the signs of damage, but have taken advantage and have renovated both the Hotel Zone and the city of Cancun. And now with the area’s building and development efforts back in full swing, it might be easy to forget about the real estate pinch affecting markets in the US.
For many …

Mexico real estate investment differs from US in several critical ways. Not understanding these variances can cause a lot of money to go down the drain. But is it necessary to find professional help such as a Mexican attorney to guide you through the process?
There are several advantages to hiring an attorney to represent your interests in a Mexican real estate transaction. Firstly, if you don’t speak Spanish, it would be quite difficult to complete a legal transaction when all the contracts are written in Spanish. Secondly, an attorney will …

During the democratic presidential primaries both Hillary Clinton and Barrack Obama blamed NAFTA for loss of factory jobs and vowed to opt out unless NAFTA was renegotiated. Obama has said “We should use the hammer of a potential opt-out” and has described NAFTA as “devastating” and “a big mistake”. Although a 2005 Congressional Research Service study found that NAFTA had a mild to positive effect on US and Mexico economies, I don’t buy it. It is incontrovertible that NAFTA has been a primary factor in Mexico’s growth over the past …

In finding reliable good help, a trusted interpreter will become especially useful. If you are building rentals, hotels, or condos, getting acquainted with the neighborhood will be essential to find reliable and trustworthy domestic help. Acquainting yourself with the neighbors, other local investors and businesses is the best advice for those looking to find. Posting signs can also be a good way to generate leads. After you have a list of potential applicants you can pre-screen and then conduct thorough interviews. Be sure to ask for references and check the …