Playa del Carmen Real Estate

Fideicomiso, Bank, Trust Real Estate Tax



Congratulations!  You have decided to purchase a home, or are thinking about buying one.  You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family.  When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours.  Over time, your home will increase in value.

In the following reports, you'll find the information you need to make a wise buying decision.  We'll take you through the planning process step-by-step , to help you determine which home is right for you.  You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.

Please contact me if you have any questions about buying a home in Playa del Carmen or elsewhere in Quintana Roo.

Below, select desired reports and complete the form provided.

The Right Home at the Right Price
This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
Buying Your First Home
Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
Paying Tax on Rental Income
Per Articles 158 and 159 of the Tax Code, a visa, other than a tourist visa when you visit Mexico, is NOT necessary. As a non-resident you may rent your property and pay taxes in compliance with Mexican law. Additionally, due to treaties, there is no double taxation and expenses of your property can be deducted in your country of residence
Bank Trust Information
BANK TRUST INFORMATION Courtesy of Hutchison Baja Realty The Mexican Government created a legal instrument for permitting foreign investment in the tourist zones called the Real Estate Trust. Through the establishment of a trust, foreigners can hold the same rights to the land in question. If you decide to buy in Mexico, there’s no need to create a new bank trust. Every community like San Antonio Del Mar, Las Gaviotas, and Baja Mar Country Club, have existing master trusts, and are associated with a bank that holds them. The property owner will transfer all of the trust rights to the new buyer. After the purchase, your home is recorded in the office of PUBLIC RECORDS OF PROPERTY along with your parcel number. Your realtor and a notary public will handle these transactions for you.
Fideicomiso
"FIDEICOMISO" UN INSTRUMENTO PARA LA INVERSIÓN EXTRANJERA EN MÉXICO Las leyes Mexicanas permiten a los extranjeros adquirir los derechos de uso de propiedades ubicadas en la costa y las áreas fronterizas del país a traves de un FIDEICOMISO, el único instrumento legal que garantiza a los extranjeros los derechos de propiedad ya sean residenciales, comerciales o turisticos. Este instrumento otorga los mismos derechos y obligaciones que un propietario normal adquiere al comprar un bien raíz. Instituciones que operan y legalizan Fideicomisos en México En México, los bancos son los únicos autorizados para operar los Fideicomisos. Se abre una cuenta llamada 'Fiduciaria' por medio de la cual se operan todas las operaciones relacionadas con el Fideicomiso, el dueño del fideicomiso o 'Fidecomisario' tiene todos los derechos de propiedad sobre un bien dentro de la vigencia del Fideicomiso.