Has anyone bought a house in mexico? - GoFuckYourself.com

wes · 12-16-2004, 01:04 AM

I have been checking out properties.. not that I would buy one right now but maybe in a few years I would like to buy a home in mexico. I have seen some beautiful water-front homes. Just wondering if anyone has bought a pad down there... do they have high speed internet hook up? Cost of living more expensive, cheaper? Discuss.

azguy · 12-16-2004, 01:07 AM

Quote:

Originally posted by wes
I have been checking out properties.. not that I would buy one right now but maybe in a few years I would like to buy a home in mexico. I have seen some beautiful water-front homes. Just wondering if anyone has bought a pad down there... do they have high speed internet hook up? Cost of living more expensive, cheaper? Discuss.

More and more old folks choose Mexico for retirement. It's relatively cheap and pretty nice. This was featured in CBS Sunday Morning 2 weeks ago.

BradM · 12-16-2004, 01:08 AM

You're (being a foreigner) not allowed to own land within 200KM of ocean in most parts of mexico. Check out the local laws regarding this.

azguy · 12-16-2004, 01:10 AM

Quote:

Originally posted by BradM
You're (being a foreigner) not allowed to own land within 200KM of ocean in most parts of mexico. Check out the local laws regarding this.

Many ways around it.

wes · 12-16-2004, 01:10 AM

Quote:

Originally posted by BradM
You're (being a foreigner) not allowed to own land within 200KM of ocean in most parts of mexico. Check out the local laws regarding this.

thanks

I wonder if there is any way around this law?

Sly · 12-16-2004, 01:10 AM

Quote:

Originally posted by BradM
You're (being a foreigner) not allowed to own land within 200KM of ocean in most parts of mexico. Check out the local laws regarding this.

There are ways around everything.

BradM · 12-16-2004, 01:10 AM

Quote:

Originally posted by azguy
Many ways around it.

Probably is, I just know cause my parents are looking into a Canadian retirment community down there.

wes · 12-16-2004, 01:10 AM

Quote:

Originally posted by azguy
Many ways around it.

How so.

azguy · 12-16-2004, 01:11 AM

Quote:

Originally posted by wes
thanks I wonder if there is any way around this law?

Sure. When the right time comes - ask again

PornGeneral · 12-16-2004, 01:36 AM

A local banco sets up a real estate trust in your name. The bank owns the land but you own the rights. Of course the banco collects its fee for this service.

wes · 12-16-2004, 01:37 AM

Quote:

Originally posted by azguy
Sure. When the right time comes - ask again

Will do bro.

colpanic · 12-16-2004, 01:48 AM

Heh... all laws in Mexico are for sale.

NichePay_Manny · 12-16-2004, 02:25 AM

I have not got anything yet but i love too.Great weather and people.i would love to leave there

tical · 12-16-2004, 04:33 AM

Quote:

Originally posted by wes
How so.

Mexican corporations are allowed to own water front properties... and US citizens are allowed to own Mexican corporations

xclusive · 12-16-2004, 04:43 AM

i am looking for a vacation/retirement home there my wife is from south texas and has family living there still...

BRISK · 12-16-2004, 04:47 AM

Quote:

Originally posted by tical
Mexican corporations are allowed to own water front properties... and US citizens are allowed to own Mexican corporations

gotta love loopholes

ezrydn · 12-16-2004, 08:27 AM

I live in Guadalajara, Jalisco, Mexico. Been here now for almost 2 years (from San Diego, CA). Cost of living is much lower than the US. Figure a basic exchange rate of 10 pesos to the dollar.

I'm married to a Mexican national and WE just had a new house built, 3 bdrm, 3 bath, 2 story, in a walled secure community area.

As mentioned above, yes, there are ways around everything down here. However, understand this. If you choose to "go around something," you will live with the thought that that "go around" will open you to the possibility of loosing something because you didn't do it the correct way to begin with. So, if you want to take that chance and loose everything, be my guest.

If you think these people will "accomodate" you, you're thinking like an American. If you have anything shipped into Mexico, like a purchase outside the country, you'll pay 35% import fee and 15% sales tax. That's 150% you paid for that item. Regular mail takes 3 weeks to get delivered in the US from here. Sometimes, longer.

To tell you the truth, I seriously doubt anyone here would put up with living down here for more than 6 months. The lifestyle here is great but you wouldn't last, putting up with the BS that goes on here.

Mexico is a 3rd world country and if you don't understand that concept, you're just a spoiled little American. I've seen the whinning here on GFY and that's my opinion of the majority here.

I'd suggest you consider another country. If there's one thing we don't need down here is more complaining Gringos.

I'm a US expatriate and a VN combat vet. Do you think I'm the sort of person who NOT give you bottom line? Then, move down here and find out for yourself. I've learned to live within their culture. It's not an easy thing to do for US.

Mexico is NOT a politically correct country. There's only one language down here...Spanish. If you don't speak or read it, you'd better be hitched to someone who can. There are two prices down here. Regular peso price and stupid Gringo English price. Guess which one is higher.

Time is not important here. "Tomorrow" could mean any time between now and 2-3 months from now. Ask for directions and they'll lie if they don't know. Cops here are different than the US. Fuck with them one bit and you're off to jail. Plus, you'd better have all your correct papers (you'll need your "FM3" from a Mexican Conslate plus your US Passport)! They're stickier about it than we are.

Hope that give you a bit of insight.

12-16-2004, 01:04 AM	#1
wes Confirmed User Join Date: Apr 2002 Location: Vegas/Pacific Palasades Posts: 3,150	Has anyone bought a house in mexico? I have been checking out properties.. not that I would buy one right now but maybe in a few years I would like to buy a home in mexico. I have seen some beautiful water-front homes. Just wondering if anyone has bought a pad down there... do they have high speed internet hook up? Cost of living more expensive, cheaper? Discuss. __________________ Hot Mom Blog : Tempting Teens : Spicy Tacos : Smutx Free Porn

12-16-2004, 01:36 AM	#10
PornGeneral Confirmed User Join Date: Sep 2004 Location: In front of computer Posts: 564	A local banco sets up a real estate trust in your name. The bank owns the land but you own the rights. Of course the banco collects its fee for this service. __________________ "The object of war is not to die for your country but to make the other bastard die for his." -Patton "Only the dead have seen the end of war." -Plato

12-16-2004, 01:48 AM	#12
colpanic Confirmed User Join Date: May 2004 Location: San Diego, CA Posts: 1,007	Heh... all laws in Mexico are for sale. __________________ I like ducks.

12-16-2004, 04:43 AM	#15
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	i am looking for a vacation/retirement home there my wife is from south texas and has family living there still... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

12-16-2004, 01:08 AM	#3
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	You're (being a foreigner) not allowed to own land within 200KM of ocean in most parts of mexico. Check out the local laws regarding this.

12-16-2004, 02:25 AM	#13
NichePay_Manny Registered User Join Date: Jul 2004 Location: Los Angeles, Ca Posts: 1,833	I have not got anything yet but i love too.Great weather and people.i would love to leave there

12-16-2004, 08:27 AM	#17
ezrydn Confirmed User Join Date: Aug 2004 Location: Guadalajara, MX Posts: 695	I live in Guadalajara, Jalisco, Mexico. Been here now for almost 2 years (from San Diego, CA). Cost of living is much lower than the US. Figure a basic exchange rate of 10 pesos to the dollar. I'm married to a Mexican national and WE just had a new house built, 3 bdrm, 3 bath, 2 story, in a walled secure community area. As mentioned above, yes, there are ways around everything down here. However, understand this. If you choose to "go around something," you will live with the thought that that "go around" will open you to the possibility of loosing something because you didn't do it the correct way to begin with. So, if you want to take that chance and loose everything, be my guest. If you think these people will "accomodate" you, you're thinking like an American. If you have anything shipped into Mexico, like a purchase outside the country, you'll pay 35% import fee and 15% sales tax. That's 150% you paid for that item. Regular mail takes 3 weeks to get delivered in the US from here. Sometimes, longer. To tell you the truth, I seriously doubt anyone here would put up with living down here for more than 6 months. The lifestyle here is great but you wouldn't last, putting up with the BS that goes on here. Mexico is a 3rd world country and if you don't understand that concept, you're just a spoiled little American. I've seen the whinning here on GFY and that's my opinion of the majority here. I'd suggest you consider another country. If there's one thing we don't need down here is more complaining Gringos. I'm a US expatriate and a VN combat vet. Do you think I'm the sort of person who NOT give you bottom line? Then, move down here and find out for yourself. I've learned to live within their culture. It's not an easy thing to do for US. Mexico is NOT a politically correct country. There's only one language down here...Spanish. If you don't speak or read it, you'd better be hitched to someone who can. There are two prices down here. Regular peso price and stupid Gringo English price. Guess which one is higher. Time is not important here. "Tomorrow" could mean any time between now and 2-3 months from now. Ask for directions and they'll lie if they don't know. Cops here are different than the US. Fuck with them one bit and you're off to jail. Plus, you'd better have all your correct papers (you'll need your "FM3" from a Mexican Conslate plus your US Passport)! They're stickier about it than we are. Hope that give you a bit of insight.