Should You Buy A Condo Over A Single-Family Home?

Should You Buy A Condo Over A Single-Family Home?

FAQ, Health Care, Inspection Visit, Land for sale in puerto vallarta, Mexico, News, Pre Construction
Lower costs and included maintenance make condos attractive to first-time home buyers, but compared to single-family houses, condos have risks. What to know before you buy a condo. With a smaller footprint then a family home this means your condo is taking up less valuable land, you can see why more developers are building condo projects in Puerto Vallarta. First-time homebuyers can get overwhelmed quickly. Learning the terms, negotiating the loan market…even if you’re not a first-time buyer, there’s a lot to consider. In the fast-growing real estate market, many aspiring homeowners are opting for condominiums because they’re newer, smaller and often have associations that handle maintenance and sometimes provide perks like shared pools. While you shouldn’t look at any primary residence as an investment, per se, you might ask yourself: Will…
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Nicaragua Canal: A Game Changer in Central America?

Nicaragua Canal: A Game Changer in Central America?

FAQ, Inspection Visit, News, Nicaragua
MANAGUA, Nicaragua -- The Panama Canal has represented the shortest route to global shipping between the east and the west for more than a hundred years. Now other countries are looking to get into the game, and that means big changes underway in Central America. More than a million ships have transited the Panama Canal since it first went into operation a century ago, and more than 14,000 vessels made use of the waterway in the last 12 months alone. The historic waterway continues as a vital link that brings products from all over the world to the American consumer. It has turned Panama into the most prosperous country in Central America. The builders of the canal never imagined it would carry the kind of volume being seen today. The…
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What is the restriced zones in MEXICO

What is the restriced zones in MEXICO

FAQ, Mexico
The Restricted Zone in Mexico (known in the past as the "Prohibited Zone") is set up as such in the Mexican Federal Constitution. It is: (1) the land area within 100 kilometers of Mexico's international land borders (with U.S., Belize and Guatemala) (all of the border towns and a little more); and (2) the land area within 50 kilometers of Mexico's ocean front areas (the coast line of Mexico). In the Restricted Zone foreigners to Mexico can not own direct (fee simple) title to real estate located therein. They can however hold the title thereto via the long term irrevocable bank title transfer trust or via a Mexican corporation (depending upon the use of the property). In the trust the Mexican fiduciary bank holds the title for the foreigners and…
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MEXICAN CORPORATION VS. BANKTRUST

MEXICAN CORPORATION VS. BANKTRUST

Bank Accounts, FAQ, Mexico, Money, News
Advantages of Mexican corporation vs. banktrust for real estate ownership There was once a time that Canadians or Americans were restricted from buying property in Mexico that was 50 km from any coastline or 100 km of a neighboring country. This zone meant that nobody other than Mexican nationals were allowed to invest in lands located within these areas. However, times have changed and the coastal and border areas that used to be restricted from foreign investment have opened. This occurred when the government decided to start issuing something called a fideicomiso, which is basically a banktrust. The fideicomiso was created to allow foreign investors to participate in Mexico´s rapidly expanding sectors while exercising complete and legal control over their investments while complying with Mexico’s investment laws. A banktrust is…
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Purchasing Mexico Real Estate with Real Estate Financing

Purchasing Mexico Real Estate with Real Estate Financing

401k, Bank Accounts, FAQ, Mexico, Money, News, Retirement
Purchasing Mexico Real Estate is an exciting decision, and with the growing and increasingly successful cross-border mortgage industry that has been developing in Mexico over the past few years, there are now more options than ever to finance your home! Mexico has historically been a cash-based economy, but with the influx of investment by foreigners, financing has become a viable alternative.  Many US lenders and banks have turned to the Mexican market, and their previous US experience makes the process more familiar than if one were to finance directly through a Mexican bank. For some people, the introduction of financing into the Mexican real estate market represents the opportunity to pursue a dream that may not have otherwise been tangible.  For others, obtaining cash to purchase a property may never…
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North American Free Trade Agreement NAFTA Definition:

North American Free Trade Agreement NAFTA Definition:

Canada, FAQ, Mexico, News, USA
Definition: NAFTA (the North American Free Trade Agreement) is a treaty between Canada, the United States, and Mexico that removes trade barriers. By eliminating trade barriers, NAFTA increases investment opportunities. The NAFTA agreement is 2,000 pages. It has eight sections and 22 chapters. That makes it the world’s largest free trade agreement as measured by Gross Domestic Product (GDP). Either the Trans-Pacific Partnership or the Transatlantic Trade and Investment Partnership will replace it. They must first be ratified. NAFTA is still controversial. First, the U.S. lost many manufacturing jobs to lower-cost Mexico. Second, workers in jobs that weren't outsourced had to accept lower wages. Third, Mexico's workers suffered exploitation in its maquiladora programs. For more, see  NAFTA's disadvantages. Yet, U.S. grocery prices would be higher without tariff-free imports from Mexico. It's also clear that imports of oil from both Canada and Mexico prevent high gas prices. For updated…
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NEW Land for sale overlooking Puerto Vallarta, Jalisco, Mexico

NEW Land for sale overlooking Puerto Vallarta, Jalisco, Mexico

FAQ, Land for sale in puerto vallarta, Mexico, News, Pre Construction
Just a short ride up the hillside from Puerto vallarta you will find yourself on this NEW land ready for development. PAH Holdings has several plots of land starting from 162 ft x 325 ft (50 mtrs x 100 mtrs). The plots have a serivce road made from gravel which is in the process of been update. Electric is via solar power at the The land is cover with trees and plant life. This would make a great retreat away from the hustle and bustle of Puerto Vallarta Mexico. There are several homesteads popping up in this area, mostly Canadians and Americans. This location would make a prefect retirement home or use the land to build a eco retreat and small business. [contact_bank form_id=1 show_title=true show_desc=false]      
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Post U.S. Election Results, a Spike in ‘Move Overseas’ Searches Occurs – Trump Wins

Post U.S. Election Results, a Spike in ‘Move Overseas’ Searches Occurs – Trump Wins

401k, Bank Accounts, Belize, Costa Rica, FAQ, Health Care, Mexico, News, Panama, Pre Construction, Puerto Vallarta, Retirement
According to InternationalLiving.com, there has been a 160% surge in online searches for terms like "move overseas" and "expats overseas" post Trump election victory this week. In the wake of the presidential election results, the trend already underway of retirees going overseas for better-value living, more affordable healthcare, and warmer weather appears to be poised to accelerate. Already the Social Security Administration sends 660,528 payments overseas...and anecdotally, according to the editors of International Living, the number of U.S. retirees receiving Social Security benefits abroad is likely higher than that, as many simply continue to bank in the States while living outside the country. While Canada seems to top the list of target destinations for many potential escapees--in fact, that nation's immigration website reportedly crashed on election night -- International Living…
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Treasure Cove Belize, largest Mega-Green Resort in the Caribbean

Treasure Cove Belize, largest Mega-Green Resort in the Caribbean

Belize, FAQ, Inspection Visit, Property Management, Retirement
Welcome to Treasure Cove Belize, the largest Mega-Green Resort in the Caribbean, a newly proposed development on Drowned Caye Island providing everyone with the opportunity to own affordable island property in Belize. Whether you’re considering it for your retirement or vacation home, or you’re thinking of investing for business purposes, Treasure Cove Belize is the right choice for you. There are currently 7 phases proposed for Treasure Cove Belize. The initial phases for construction will include the Over the Water Bungalows (OTW) andBeach Villas (BV), Songbird Casitas (vacation homes), and the Hotel/Casino.  Congruent with these three phases are the Grand Pavilion and Concierge for the OTWs and BVs, plus the first restaurant which is a Bar & Grill Beach Club.  Also a docking station for the Submarine with Sales Office…
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Moving to Mexico then you need to read this information

Moving to Mexico then you need to read this information

401k, Costa Alegra, FAQ, Mexico, News, Puerto Vallarta, Retirement
Living in Mexico has long been popular with those who live north of the border. It is a popular place for holidays – especially with those looking for some winter sun and is also a popular retirement destination for Canadains and Americans due to its close proximity to the US. The country boasts beautiful beaches, fascinating attractions, friendly locals, an all year round good climate, low cost of living and a good quality of life for all who travel there. Mexico boasts one of the strongest economies in Latin America and also has a very strong trade agreement with the US. The capital, Mexico City, is growing at an impressive rate and now boasts excellent opportunities for all budding entrepreneurs. There is however a big gap between the rich and…
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