Mexican Law Articles



BUYING PROPERTY IN MEXICO’S RESTRICTED ZONE - Friday, March 13th, 2009

Mexico’s Foreign Investment Law allows foreigners to acquire indirect title to land in the restricted zone by one of two methods; through a Mexican corporation or through a bank trust (fideicomiso).

By David W. Connell Position/Puesto: C.E.O/Director General

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CAPITAL GAINS TAX (ISR) ON THE SALE OF HOMES IN MEXICO. - Thursday, January 8th, 2009

This is a subject that everyone wants to know about and everyone wants to find a way to legally avoid. In an effort to keep you up to date, the following is the “cliff note” version of what you need to understand.

By Everardo Terán & David W. Connell - dconnell@mexicolaw.com.mx / eteran@mexicolaw.com.mx

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NOW THAT I HAVE BOUGHT PROPERTY IN MEXICO, WHAT DO I HAVE TO DO TO KEEP EVERYTHING CURRENT? - Tuesday, December 16th, 2008

For a foreigner, buying property in Mexico is a new and different experience. Most foreigners spend time researching the procedure of buying property, setting up a trust or a corporation and becoming familiar with the different permits and costs required to close on a property transaction in Mexico.

By David W. Connell - dconnell@mexicolaw.com.mx

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BUYING “PRE-SALE” IN MEXICO; THE RISKS AND BENEFITS. - Tuesday, December 9th, 2008

A “pre-sale” purchase exists when a buyer enters into an agreement with a developer to purchase a unit that has not yet been built or finished…

By David W. Connell - dconnell@mexicolaw.com.mx

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2008 BRIEF ON TAX LAW MODIFICATIONS AND NEW TAXES IN MEXICO - Tuesday, January 1st, 2008

This year, the Mexican tax authority has made some major modifications to the tax law. Furthermore two new taxes have been created and one has been revoked. The two new taxes are “IETU” or “Flat Tax on Business Operation” and “IDE” o “Tax on Cash Deposits”. This document gives brief descriptions of this year’s modifications and the new taxes.

By Everardo Terán - eteran@mexicolaw.com.mx

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HOW REALISTIC AND REASONABLE IS ACQUIRING EJIDO LAND IN MEXICO? - Saturday, September 1st, 2007

This article intends to provide a general overview of the ejidos in Mexico and the processes to convert ejido land into sellable property, taking into consideration the most common inquiries I have been asked in working on ejido matters…

By Ana Lilia Lozano - alozano@mexicolaw.com.mx

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ISR- CAPITAL GAINS TAX SEMINAR - Saturday, August 4th, 2007

Important changes in Mexico’s tax laws were discussed at a Capital Gains tTax Seminar held on July 20th, 2007…

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TERRENOS GANADOS AL MAR - Thursday, April 26th, 2007

Recently the environmental authorities have partially released an official and general survey of all Federal Maritime Zones that border the coastal areas of this State of Guerrero…

By Ana Lilia Lozano - alozano@mexicolaw.com.mx

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MEXICO DREAMING - Thursday, April 7th, 2005

Back in 1996, Huey Rodeheaver of St. Louis, Missouri, bumped north from the Mexican resort town of Ixtapa in a rented jeep, searching for “pretty beachfront.” He was preparing to sell his telecommunications company for a tidy sum, and wanted a second home to retire to. Puerto Vallarta was too big; Cancún, too young.

By Taylor Antrim

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TAKING CONTROL OF TRUST FEES - Monday, April 1st, 2002

Over the years I have been contacted by many foreigners who are frustrated with the fees they have to pay to the bank acting as their trustee. Unfortunately, upon reviewing their trust agreements (escrituras) I have to inform them that when their trust was set up they agreed to pay the fees the bank charges and also authorized the bank to be able to unilaterally modify these fees.

By David W. Connell - dconnell@mexicolaw.com.mx

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