Mexican investment opportunities are on the rise, especially in the property market, either renting or purchasing. Much of this investment is Americans tired of high taxes, crime, lack of opportunities and political silliness.
It is quite legal for foreigners can own property in Mexico. Outside the restricted zones; 50Km (31 miles) from shorelines and 100Km (62 miles) from international borders, foreigners can hold direct deed to property with the same rights and responsibilities as native Mexicans.
Many think Mexican real estate is an excellent investment. The real estate market remains hot, and this is true whether you're interested in purchasing Mexico property on the Riviera Maya (Playa del Carmen, Tulum and Cancun) or in the quieter parts located in the Yucatan Peninsula like Puerto Aventuras. Quintana Roo real estate holds real promise.
However, determining whether you can make a successful real estate investment in Mexico will first require you to weigh several key factors before diving in. The IMF (2019) believes that Mexico faces three structural challenges: Corruption, informality & crime
First you'll want to decide whether you wish to live in Mexico full time, part-time, or if your main concern is a property ownership with a focus on rental income. Purchasing a holiday home in Mexico will deliver different levels of profit depending on how often you use it, and whether you're comfortable renting it out to other people.
Many new real estate agents are opening in Mexico to take advantage of the new opportunities, like Your Caribbean Home which was established by mother & daughter team: Valerie and Victoria Salem to cater for popular areas like Tulum and Playa del Carmen.
(C) 2007 ~ 2021 SI7 - Stats