http://www.mexicomatters.net Mexicomatters electronic newsletter, take the opportuniy to keep yourself updated about Mexico and his Matters. Investment, Real Estate, Bank Trust, Title Insurance, Legal Services, Mexican corporation, Legal matters, Foreign Investment Law. en-us http://www.mexicomatters.net/images/logo_mexmatrs-mini.png http://www.mexicomatters.net 100 106 http://www.mexicomatters.net/mexicorealestate/25_bajarealestatemarket2007.php "When the U.S. economy gets the sniffles, Mexico’s economy gets pneumonia". This is an old cross border axiom that accurately describes today’s Real Estate market in the border area adjoining California. Tijuana, Rosarito, Ensenada, and San Felipe are feeling the ripple affect of a slower real estate market in California. As we move into 2007, California home owners have less home equity capital to invest due to real estate values topping out and refinancing rates becoming less competitive... http://www.mexicomatters.net/mexicorealestate/25_bajarealestatemarket2007.php http://www.mexicomatters.net/mexicoculturaldistinctions/07_whatisinanameinmexico_twolastnames.php Why to use two lastnames?. The reason is pretty simple and practical. There are so many Hispanics with the popular Garcia, Perez, or Martinez etc. surnames that we need our mother’s maiden name to legally separate our identities. http://www.mexicomatters.net/mexicoculturaldistinctions/07_whatisinanameinmexico_twolastnames.php http://www.mexicomatters.net/mexicousrelations/17_squeezingborderbusiness.php The nation's pursuit of a sealed border would cost taxpayers and businesses tens of billions of dollars. http://www.mexicomatters.net/mexicousrelations/17_squeezingborderbusiness.php http://www.mexicomatters.net/mexicousrelations/16_mexicoelections2006.php The hotly contested results of this year’s presidential election left a bad taste in the mouths of most Mexicans. What is happening to our beloved Mexico? Are we in for more radical and destabilizing actions on the part of a disenfranchised populace? Is foreign investment likely to be affected? http://www.mexicomatters.net/mexicousrelations/16_mexicoelections2006.php http://www.mexicomatters.net/mexicorealestate/23_realestateinvestorsinbaja.php Its size, differing: climates, topography, flora and fauna, presents multiple and distinct real estate markets. It is no longer a question of should I buy something in Baja as an investment. The question is, how fast can you move before prices double and triple in the next couple of years. That is the upside potential of Baja that you will not see in the next few years in the Western United States. http://www.mexicomatters.net/mexicorealestate/23_realestateinvestorsinbaja.php http://www.mexicomatters.net/mexicorealestate/22_notariosbajamexico.php Notarios are keepers of the public record in México, an exalted legal mandate not to be confused with U.S. notaries whose powers are very limited. Taxes on transfer of property title, federal zone concesions, buying ejido land. They are not infallables and they can cost you your investment. http://www.mexicomatters.net/mexicorealestate/22_notariosbajamexico.php http://www.mexicomatters.net/mexicorealestate/21_bajamexico_realestate_scene2006.php Realtors are bullish in Baja as we enter the summer buying season. This spring the Rosarito market was a little softer than last year. However, the last week of May is starting to bring more prospective home, raw land and condo investors. In San Felipe there was no spring nor even winter slow down-that market is simply hot, hot, and hot http://www.mexicomatters.net/mexicorealestate/21_bajamexico_realestate_scene2006.php http://www.mexicomatters.net/mexicousrelations/15_young_old_usimmigrants.php The grandchildren of immigrants are the ones “taking the front line” in the fight for respect and dignity, older hispanics tend to be more moderate and less vocal http://www.mexicomatters.net/mexicousrelations/15_young_old_usimmigrants.php http://www.mexicomatters.net/mexicousrelations/14_usimmigrationproblem.php We made the Vietnam mistake because we are not good at understanding other cultures. We over estimated the resolve of the South Vietnamese and underestimated the Viet Cong. The same can be said for Iraq. Unfortunately our solution to the “Mexican Problem” reflects the same cultural ignorance along with a strong dose of Xenophobia. http://www.mexicomatters.net/mexicousrelations/14_usimmigrationproblem.php http://www.mexicomatters.net/mexicorealestate/20_sanfelipe_realtors_association.php At the san felipe realtors association meeting, I saw approximately forty five white folk and five or six brown faces. This made me consider: Where will all those millions go? No doubt about it... http://www.mexicomatters.net/mexicorealestate/20_sanfelipe_realtors_association.php http://www.mexicomatters.net/retirementmexico/12_sanfelipe_sanpatrick.php Some wags have suggested Saint Patrick (San Patricio), after San Felipe’s patron – Patrick Butler, developer of El Dorado Ranch and San Felipe’s largest employer. Obviously Pat is no more a saint than most kindly folks whose mamma’s brought them up right http://www.mexicomatters.net/retirementmexico/12_sanfelipe_sanpatrick.php http://www.mexicomatters.net/mexicoculturaldistinctions/06_skincolor_behaviortraits.php In the middle of racist Latinos and blacks who wanted to cut each other over bullshit bigotry, we are people of color and hve more in common than we have differences. http://www.mexicomatters.net/mexicoculturaldistinctions/06_skincolor_behaviortraits.php http://www.mexicomatters.net/mexicorealestate/19_mexicocorporation_holdingtitle.php Watch out for realtors and attorneys who suggest you establish a Mexican corporation to hold title on your vacation/retirement home. They are giving you bad counsel and it could cost you your title down the road. Mexican foreign investment law clearly states that if it is residential property you must establish a bank trust to secure title. http://www.mexicomatters.net/mexicorealestate/19_mexicocorporation_holdingtitle.php http://mexicomatters.net/mexicorealestate/18_buyrealestateinmexico.php Yes virginia, you can aquire beach property safely in Mexico. In the interior of mexico foreigners can own and hold title in their name. However, the mexican constitution prohibits foreigners from directly owning property (fee simple) within 50 kilometers from all coastlines and 100 kilometers from the border. Foreigners can acquire beach property through a living trust or forming a mexican corporation. http://mexicomatters.net/mexicorealestate/18_buyrealestateinmexico.php http://www.mexicomatters.net/mexicorealestate/17_mexicotaxespropertytransfer.php U.S. and Canadian buyers of real estate in Baja California are surprised at how high the closing costs in Mexico are at the moment of property title transfer. The seller pays a five percent tax (impuestos sobre la renta) of the sales price or property appraisal, whichever is highest. And the buyer pays 4.3% of the sales price. Appraisals are typically one half the sales prices. http://www.mexicomatters.net/mexicorealestate/17_mexicotaxespropertytransfer.php http://www.mexicomatters.net/mexicousrelations/13_presidentfox_thestrawman.php Fox has accomplished a great deal more than the five PRI presidents who preceded him http://www.mexicomatters.net/mexicousrelations/13_presidentfox_thestrawman.php http://www.mexicomatters.net/mexicorealestate/15_financingmortgagemexico.php The stable peso and the introduction of title insurance has spawned new confidence in providing affordable long term loans. http://www.mexicomatters.net/mexicorealestate/15_financingmortgagemexico.php http://www.mexicomatters.net/mexicoinvestment/06_cesarmancillasexpandingforeigninvestment.php We have not seen an Ensenada leader so expressive in his commitment to bi-nationalism since Ernesto Ruffo Appel. http://www.mexicomatters.net/mexicoinvestment/06_cesarmancillasexpandingforeigninvestment.php http://www.mexicomatters.net/mexicorealestate/14_ensenadarealestate.php Ensenada Real Estate is a recent phenomenon, most buyers want a property in Ensenada than Rosarito http://www.mexicomatters.net/mexicorealestate/14_ensenadarealestate.php http://www.mexicomatters.net/duplex/index.htm Offer to invest in a vacation rental on property with beach, mountains, estuary on the most beautiful beaches of Ensenada http://www.mexicomatters.net/duplex/index.htm