The Paper Chase | Real Estate & Business Consulting

Oct/11

4

BAJA LAND DEALS…

Hola Amigos y Clientes:

I’m back with renewed energies, hoping that I will be able to publish more USEFUL articles than in the past which were very busy years for me.

During my last visit in San Diego, California I ran across an article in the San Diego Union tribune News paper. It talked about bad land deals in Baja California Norte and the mistake that people often do by placing faith in the US real estate franchises that operate in Mexico. In the years that we have been in business we have always made it a practice of advising our clients on the necessity of hiring a knowledgeable lawyer or agent before buying real estate property in Mexico.

I personally was involved in the real estate business for a couple of years, but finally decided to quit due to the lack of loyalty and honesty of some sellers and buyers and to the cut throat practices of some real estate agents (and frequently non agents) – Don’t get me wrong; there are some honest real estate people out there doing business in Mexico.

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Nov/10

7

Who needs an Fm3?

HOLA AMIGOS Y CLIENTES,
MOST OF YOU ARE ALREADY ENJOYING OUR WONDERFUL WEATHER IN B.C.S, OR YOU ARE ON YOUR WAY.
I AM SURE A LOT OF YOU HAVE HEARD THE NEWS ON MIGRATORY FORMS (FM2, FM3, ETC) FOR 2010; THE NEW PLASTIC FM3, THE REGULATIONS CHANGES, THE INTERNET APPLICATION…

BUT DO YOU KNOW WHAT IT IS MORE CONVENIENT FOR YOU? DO YOU NEED AN FM3, FM2 OR TOURIST VISA?
MOST OF OUR CLIENTS HAVE FM3S SO IN ORDER TO MAKE IT EASY FOR YOU TO ANSWER THE QUESTION HERE IS SOME INFO:

ANNUALLY WORKING FM3 MEXICO VISA FORM
FM3 is a Non Immigrant  Mexico Visa Form  that allows foreigners to work legally in Mexico and is valid for 365 days, which can be extended every year.

Who needs a working FM3 Mexico Visa?

  1. Foreigners that   work  permanently in Mexico.
  2. Foreigners that own a Mexican coporation or are shareholders.

ANNUALLY RESIDENCY FM3  VISA (more…)

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Oct/10

20

40% Discount on your property taxes 2010

Dear Friends and clients;
This is to inform you that the Municipality is offering 40% discount on your property taxes if you pay before November 1st. of 2010
Take advantage of this opportunity and save yourself a few pesos.

For more details call us.

Best to all from the Paper Chase team.

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May/10

5

CLARIFY A “COMPLICATED” MATTER WITH EJIDO LAND

DEAR PAPER CHASE CLIENTS:

I THOUGHT IT WOULD BE GOOD IDEA TO CLARIFY A “COMPLICATED” MATTER WITH EJIDO LAND.

FACTS:

EJIDO PROPERTY IS OWNED BY A COMMUNITY OF EJIDATARIOS (MORE THAN 100 PERSONS IN MOST CASES); IN OTHER WORDS EVERY EJIDO MEMBER OWNS AN INDISTINCT PIECE OF THE TOTAL LAND OWNED BY THE EJIDO.

EJIDO PROPERTY IS REGULATED BY AGRARIAN LAW, IT MUST FOLLOW A PROCESS OF “PRIVATIZACION” IN ORDER TO LEGALY BE SOLD TO ANY PERSON (NATIONAL OR FOREIGNER).

ONCE LAND BECOMES PRIVATE THE EJIDO MEMBER, NOT THE EJIDO COMMUNITY RECEIVES TITLE TO PROPERTY FROM FEDERAL GOVERNMENT. POPERTY IS NOW REGULATED BY CIVIL LAWS, THEN IT CAN BE SOLD BY THE EJIDO MEMBER (PROPIETARIO). (more…)

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