This article delves into the two principal legal mechanisms available for foreigners: the formation of a Restricted Zone Trust and establishing a Mexican company. We will explore the advantages and disadvantages of each, helping potential investors make informed decisions.
This document aims to provide a detailed guide for foreigners interested in acquiring real estate located within the so-called “restricted zone” in Mexico, in accordance with the Foreign Investment Law and other applicable regulations.
ACQUISITION OF PROPERTY IN MEXICO’S RESTRICTED ZONE BY FOREIGNERS Read More »
Investing in real estate in the Riviera Maya presents a lucrative opportunity but comes with its legal challenges, particularly concerning hidden defects. Familiarity with the Ley Federal de Protección al Consumidor and the rights it grants to consumers is indispensable for foreign buyers to protect their investments.
Navigating Hidden Defects in Property Purchases in Riviera Maya Read More »
The heart of the problem lies in the unfamiliarity of foreign investors with the legal framework governing real estate in Mexico, compounded by a language barrier that makes navigation through legal proceedings even more daunting. Many are unaware of their rights, the protective measures available, or the proper channels through which to seek redress. This lack of knowledge not only emboldens unscrupulous developers but also leaves investors feeling powerless and isolated in a foreign legal landscape.
PeninsuLawyers – Protecting Foreign Investors in Riviera Maya Real Estate Read More »
If your contract has been rescinded due to payment delays, and you’ve already covered at least one-third of the property price, you’re entitled to a refund without any additional penalties
