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About Mexico

October 7, 2017 by peterdemetz
PUERTO VALLARTA SETS FOREIGN VISITORS ARRIVALS RECORD

Undoubtedly, Puerto Vallarta has been getting a lot of attention from international visitors—especially Americans—this 2022. Our destination has recently been breaking records in passenger arrivals. Miguel Torruco, secretary of Tourism in Mexico, shared the most recent data for hotel occupancy in the country: “For week 37 of 2022 (September 12th to 18th), the three tourist …

ISLAS MARÍAS WILL OPEN TO VISITORS IN APRIL 2022

After a year’s delay, the Islas Marías (Marías Islands) (off the coast of Riviera Nayarit) confirmed the opening to visitors in April 2022. From 1905 to 2019, these islands served as a prison, but thanks to a presidential decree announced on March 8th, 2019, the cultural and environmental transformation of this space began. The Comprehensive …

Foreign Owners and Income Property Paying Rental Taxes in Mexico

The ability to pocket undeclared income in Mexico is going away. Tax changes in 2020 have been announced by the government. The press and social media groups are circulating this important information to the ex-pat community. The problem of foreigners who are renting their homes or condominiums and failing to pay Mexican taxes has existed …

How to Request Mexico Tourism Tax Refunds for Mexican Citizens, Residents & Transiting Visitors

How to Request Mexico Tourism Tax Refunds for Mexican Citizens, Residents & Transiting Visitors [UPDATED September 2017] Posted on September 21, 2017, by Tonei Glavinic Travel with Grant Advertiser Disclosure Originally Posted in January 2017 – Updated with new data points in September 2017! Buenos Dias! If you or someone you know has a Mexican …

4 Best Places To Buy A Second Home Overseas In 2019

The dollar’s current strength is creating bargains in some of the world’s most appealing places to own a home of your own. Specifically, as we head into 2019, property markets are dramatically discounted for dollar buyers in Brazil, Colombia, Mexico, and Chile. Brazil Currency: Brazilian real Currency Controls: Yes Dollar’s increase in value over the …

10,000 baby boomers retire every day, and many are coming to Mexico

Needless to say, the social and political rancor in North America has reached new heights (or lows). In the United States political sphere, the November 2018 mid-term elections resulted in the Democratic Party wresting control of the U.S. House of Representatives. The U.S. president’s approval ratings hover around 38%. The issue of U.S. immigration reform …

Update on US CBP Requirements for Bringing US-Titled Cars into Mexico

Jan. 2015 Update for Rules on US Vehicle/Car Imports into Mexico The US Homeland Security CBP “Officer Program Manager of the Export Control Division” has sent an email to a Yucalandia reader, answering his questions about CBP’s rules for the 3 day formal Exporting Rules for US-titled vehicles, before bringing them into Mexico. The US …

Aeroméxico – Mexico City to Toronto

Daily service from Mexico City will begin in May Travelers between Mexico and central Canada will have another option come May 4, when Aeroméxico begins flying between Mexico City and Toronto. The Mexican airline announced yesterday it will offer daily service on the route with Boeing 737-700 aircraft seating 124 passengers. Flights will leave Toronto at …

Good News for Mexico Property Buyers

A recently announced ruling by the Internal Revenue Service could save U.S. citizens buying homes in Mexico thousands of dollars and endless headaches. After lengthy discussions, the IRS formally acknowledged this month that fideicomiso–the Mexican land trusts foreigners must use to buy property along the coast–are not “trusts” under the definition of the U.S. tax code. …

Closing Costs Explained

The closing procedure generally takes from 30 to 45 days and these costs are paid by the buyer. When a property is acquired through a Purchase-Offer or when a Trust Transfer Domain is carried out before a Notary Public, in order for them to be legally constituted they must meet with a series of permits …

Insurance in Mexico

Whether you are taking a vacation or are permanently relocating, we want to help you find the right insurance for your time in Mexico.Having health insurance in Mexico is not the law, it is just recommended in case of an unexpected serious  illness or accident that could add up to thousands without coverage.  An ambulance …

Are Americans safer in Mexico than at home?

Every week or so I get asked, ‘Is it safe to go to Mexico?’ I had always said, if you’re thoughtful about where you go, yes.  But after my most recent trip there, I’m changing my answer… to a question: Do you think it’s safe to go to Texas? To be clear, violence in Mexico …