One of the most common permits obtained by Mexican Foreigners is the Resident Pensioner visa (FM3 or FM2).  On a previous post the classification of the differences between non-resident, temporary resident, and permanent residents was outlined (See Post).  The Resident Pensioner permit (temporary resident) is described as those foreigners who want to live in Retirement in México, subsisting on funds, interest – bearing securities or pensions generated from any country other than Mexico.

As many of you know, my business is in the Mexico Real Estate Industry.  But our services also include  helping the new buyers “move and adjust” into this new country, introducing them to new friends and neighbors, and helping them become legal Mexico residents.  We are starting to receive a great amount of emails over the past couple of months with the questions 

A few days ago by the night, we took our kids to the Beach.  Not during the day, but we arrived during the evening.  A Mexico Real Estate Beach somewhere between Tulum and Playa del Carmen.  A beautiful beach not well known, hardly any tourists know of its existence, but it is one of the most important beaches of Quintana Roo in regards to the Mexico Sea Turtles.  During these dates, Turtle eggs begin hatching and a delicate life cycle begins.

Last week I received several questions regarding the availability or the types of windows that are available here in Mexico for residential homes.  Ten years ago and more, the options for glass types were quite reduced.  Today, the variety and combinations of glass here in Mexico may reach near 100. 

As we approach the fall season (in September or October), a new cost per kilowatt for electricity goes into affect here in Mexico.  Now this is a normal procedure as the CFE (Comision Federal de Electricidad) has two tariff rates depending on the time of the year.  Many new owners of second homes down here in Mexico are unaware of such changes, and it is a good fact to know.  This may only occur in the state of Quintana Roo, I will research further which other states follow this tariff structure.  When you purchase Mexico Real Estate, you should always review your monthly operating or maintenance expenses.  One of the important monthly expenses you will incur will be the electric bills.  I have written several posts regarding electric themes, you can see one of these at MEXICO ELECTRIC UTILITIES involving some activities with a client setting up an acocunt in Tulum Real Estate.    

A few weeks ago I assisted a presentation where the Playa del Carmen City Development offices presented some future plans for the urban growth of this Mexico Oceanfront city.  If you recall, Playa del Carmen is the fastest growing city in Mexico and many people quote it as the fastest growing metropolitan area of Latin America.  Along with population growth, comes the urban development, and the affects of rapid growth can be seen on the Playa del Carmen Real Estate prices.  

A couple of weeks ago, my family and I went out on a Sunday drive and we thought we would visit nearby Coba.  Coba is a small town west of Tulum Real Estate (Tulum is a small oceanfront village on the Mexican Caribbean Ocean that has been attracting many international real estate investors), but it is also an important pyramid site of the ancient Mayan Civilization here from the Yucatan region.  A few months ago, we had visited some amazing sites in the southern part of the state, so we thought the kids would enjoy this visit too. Oxtankah Pyramids.  

If you are selling your Property here in Mexico, the Mexican notary public will require several documents to be present for the closing process. 

Many Americans and Canadians choose to drive down to Mexico Real Estate for their vacations, or to have a set of wheels for maneuvering while they stay at their Mexico Second home.  A common question that we receive quite often   “How can I get my car down to Mexico?”.

The director of the Riviera Maya fedeicomiso, David Ruiz Cuevas gave a few words during a breakfast meeting in Playa del Carmen.  Tourism is one of the strongest and most rapidly growing business sectors here in Mexico. 

The majority of the people coming to visit Mexico either arrive by plane or by driving across the border. After filling out the correct documentation for yourself, your family and friends, your next decision is “choosing the lane to DECLARE ITEMS being imported into Mexico or choose the lane of NO DECLARATION”.

Boomers in Mexico, Playa del Carmel estate, Mexico real estate,Baby Boomers

OK, now you have your paradise in Mexico Real Estate.  You have either received physical possession or have received legal possession or maybe both, and your next challenge… How do you get your Mexican Property Set up with an account in your name at the Electric Company?

On the southern part of Quintana Roo, following highway 307 towards the Beliz border, you run across a beautiful quiet little town nestled along the lagoon called Bacalar.  Bacalar has various oceanfront real estate properties that are for sale which have caught the attention of many northerners.  The majority of Mexico oceanfront real estate in Quintana Roo is located in Cancun, the Riviera Maya, Cozumel, and of Costa Maya.  But Bacalar’s oceanfront properties are unique in that the water is not salty, but fresh water fed from underground springs.