Thinking of Retiring in Mexico?

Mexico has always fascinated Americans. Many Americans toy with the idea of retiring to Mexico all their lives and many of them do take the plunge. As the cost of living in USA is increasing every day and standard of living Mexico improving, more people are opting to retire permanently to Mexico. A retirement destination with sunny climate, beautiful beaches, friendly people, good medical care facilities, stable government, booming economy and world class real estate – Mexico is all this and more. The best part is that one can retire in Mexico and lead a very comfortable life for very less as compared to USA. Retiring to Mexico is not as complex as people think. In fact, Mexico is retirement friendly.



The Mexican authorities offer attractive benefits like a special visa and inexpensive health care for expats who come to Mexico attracted by the warm weather and white beaches. The “rentista” is a special type of non-working visa available to retirees 51 and older. To obtain a “rentista”, an expat needs to provide a letter from the bank or social security administration confirming that he/she receives a certain minimum income each month. Expat Retirees are also eligible for IMSS, medical insurance system. MSS stands for Instituto Mexicano del Seguro Social. It's a Mexican social security plan that costs $200 per year and covers medical, dental, and vision care. IMSS gives you complete coverage including prescription meds except for certain preexisting conditions that have varying time periods before they are covered.



To encourage retirees to buy Mexico Real Estate, Mexican government has made buying property in Mexico for foreigners a simple process. Non-Mexicans can obtain direct ownership of property in the interior of Mexico. However, foreigners cannot own property outright within the restricted zone i.e. property in Mexico within 50 miles of the coast or 100 miles of a national border. Foreigner needs to set up a Mexican corporation which will technically own the land or a beneficial trust called a fideicomiso.



While buying Real Estate in Mexico, an expat make sure to contact a reputable real estate agent to help you get your corporation or trust established in right order. Since, there is no real estate license system for selling and buying property in Mexico, meaning that anyone can be a real estate agent whether or not they are familiar with the intricacies of laws and procedures. Before purchasing property in Mexico, research real estate companies and choose one only after evaluating their experience, references and communication skills.



Since property taxes in Mexico known as Predial is substantial lower in Mexico as compared to USA, buying Mexico real estate makes more sense than ever. You need to pay taxes only on slated sale price every year even if the property's value increases.



The manifold benefits to retirees such as cheap luxury condos, affordable healthcare system, breathtaking beauty, relaxed atmosphere and rich culture are just what expats look for and get in Mexico. If you're contemplating about retiring and purchasing home in Mexico, you're in for an exciting journey.



Realty Executives Mexican Caribbean offers many investment oportunities like Mexico Real Estate, Beachfront Condos, Rental Villas, Apartments etc. If you have any questions or advise regarding Mexico Real Estate, Feel free to contact Tom Budniak of Mexico Realty Executives for the best deals in Mexico Real Estate.

Mexico Real Estate Investing - How to go about it?

When it comes to Mexico Real Estate investing, there are options galore. But before taking any step, the prospective Mexico Real Estate investor needs to understand the buying process, the inherent risks and the return on income he can expect. The first step is to select the destination according to your budget, lifestyle, weather, infrastructure and family needs. Are you buying Mexico property as an investment or do you intend stay there. If you are buying as an investment option, which you can selloff when the price of your Mexico condo appreciates or rent it out for regular income stream, then you need to research all the factors, trends, the growth prospects, local economy, tourism and infrastructure development. All these factors have bearings on the value of a property. If you buying property for personal use then it's possible that you have already selected the destination.



Once you have finalized the city or town where you will be buying your Mexican property, then search for people who know the area well. Ask your friends who may have some experience with that area. Research on internet – there are many forums and internet communities where you can get valuable and unbiased information. You can find people on forum which have taken plunge just like you and have gained experience by hit and trial method. You can learn from their experiences and avoid making same mistakes. For any real estate transaction, a good, trustworthy real estate agent is very important. Find a realtor who has complete knowledge regarding the locality and the all the legalities regarding purchasing Real Estate in Mexico. A Mexico real estate agent will also give inputs regarding Mexican lawyer, escrow companies, mortgage companies, bank trustees, public notary etc. Shortlist few realtors and fix meetings with them. Try to gauge their knowledge, experience and commitment to their clients. If possible try to speak to their earlier customers. Check their testimonials.



After the real estate agent has been finalized, the important job of selecting the property to buy has to be started. You should let your realtor know your budget range, locality preferences, amenities you need and type of house. Mexico has everything – from high rise condos to colonial style homes. A real estate agent should be able to present to you a wide range of properties according to your tastes. Once you get the list, visit the properties, check all amenities and inspect the property thoroughly.



Once, due diligence is completed, then you can go ahead and start with other formalities and complete your real estate transaction



Realty Executives Mexican Caribbean offers many investment oportunities like Mexico Real Estate, Beachfront Condos, Rental Villas, Apartments etc. If you have any questions or advise regarding Mexico Real Estate, Feel free to contact Tom Budniak of Mexico Realty Executives for the best deals in Mexico Real Estate.

Why Buy Cancun Real Estate in 2010?

Like many retirees and real estate investors, you must have at some point of time thought of buying Cancun Real Estate and settling in Mexico. Almost everybody knows that Cancun is a premier destination spot in Mexico. Cancun can be described as a beach paradise located on the Yucatan Peninsula. Purchasing Real Estate in this Mexican Caribbean heaven is affordable and easy regardless of budget constraints. But why choose Cancun as your next vacation home over some other fabulous destination in Mexico?

Cancun always has something to offer extra. Cancun real estate region has an airport located nearby, therefore making it easy to travel to this beautiful region. Cancun is accessible for tourist by air, car or bus.

The ever expanding infrastructure means that anyone from US or Canada can look forward to living in Cancun with same facilities and amenities as found in their native countries. Cancun is hygienic, clean, safe and secure with excellent medical care facilities which make it even better for baby boomers.

With a perfect climate and temperature ranging from 78 degrees to 90 degrees, travelers never feel any discomfort.

Ancient Mayan relics found throughout the region add an extra dimension and charm to this destination. While visiting El Rey or Chichen Itza, you will find yourself witnessing history of centuries gone by.

Travelers from all over the globe come to Cancun to experience its gorgeous, pristine beaches and waters. Cancun is also home to a unique and incredibly complex system of underground rivers with cenotes, acres and acres of lush green tropical forest, and the second largest coral reef in the world.

In Cancun there is no dearth of places to stay in Cancun, be it, hotels, inns, Cancun Vacation Rental homes. This has made Cancun a preferred choice of travelers. Wide variety of accommodations can fit any pocket without sacrificing any amenities. This ensures a steady stream of visitors which makes buying real estate in Cancun Mexico a lucrative proposition.

Cancun, Mexico is a hot investment destination because of all factors mentioned above. Foreign real estate investors are pouring money in this slice of heaven is the investment opportunities. Any property in Cancun gives excellent ROI over the years.

Cancun real estate provides a wide range of choices – Luxury condos, Villas, apartments, homes. Buying real estate in Cancun has a additional benefit that it can be used as an income generator. A Cancun real estate buyer can have a property management company appointed which will not only take care of the property but also rent it out to tourists. Your condo in Cancun can serve as a second home on your vacation and supply you with a steady income rest of the year.

So take advantage of historic low prices and purchase Cancun real estate in 2010!

Realty Executives Mexican Caribbean offers many investment oportunities like Cancun Real Estate, Beachfront Condos, Homes, Rental Villas, Apartments etc. If you have any questions or advise regarding Real Estate in Cancun, Feel free to contact Tom Budniak for the best deals in Mexico Real Estate.

Playa del Carmen Condos - #1 Choice for Luxury Living

The Playa del Carmen Real Estate region is well known exotic beautiful beaches and relaxed lifestyle. Anybody who has visited Playa del Carmen goes back with a wish that he/she had a Playa del Carmen Condo near the beachfront with soft and white sands and a short drive from the Fifth Avenue and warm & sunny climate. In Mexico condo market, Playa del Carmen offers one of the best options as reaffirmed by the fact that Playa del Carmen is consistently chosen as one of the best tourist destinations in Mexico.

Year 2010 started on a strong footing with hotels in Playa del Carmen reaching occupancy rate of 85%. A few days after Christmas, over 30,000 out of 37,200 rooms were occupied. The numbers rose subsequently the following week, and the first week of January saw numbers reach an heart warming 93% with the bulk of the visitors from U.S. and Canada. Towards the end of the winter in US and Canada, that is, during February and March, tourists will again start pouring in.

Playa del Carmen entices tourist from US and all over the world beautiful beaches, excellent and expanding infrastructure, the fancy restaurants, world class amenities and a sunny climate through the year. This establishes Playa del Carmen as a town which encourages the beachfront lifestyle and also makes Playa del Carmen condos best choice for a unique lifestyle.

Many visitors who have visited Playa del Carmen have gone back only to come back as permanent residents because of the lure of Playa del Carmen lifestyle and availability of excellent Playa del Carmen condos. A condo in Playa del Carmen can be an excellent vacation investment as owners can live in the condo whenever they want and rent it out when not in use. Thus Playa del Carmen condo can also be an income generator. Every year, more and more Americans and Canadians are retiring to this wonderful place to explore and enjoy it in their leisure time.

In Mexico condo market, Playa del Carmen offers one of the best options as reaffirmed by the fact that Playa del Carmen is consistently chosen as one of the best tourist destinations in Mexico. Playa del Carmen entices tourist from US and all over the world beautiful beaches, excellent and expanding infrastructure, the fancy restaurants, world class amenities and a sunny climate through the year. This establishes Playa del Carmen as a town which encourages the beachfront lifestyle and also makes Playa del Carmen condos best choice for a unique lifestyle.

Condos in Playa del Carmen are comparatively cheaper even though the prices are appreciating inspite of recent recession in US and around the globe. Mexican Caribbean was voted as “Best Destination in Mexico” for the sixth consecutive year by the Travel weekly. This confirms that Playa del Carmen region is one of the best destinations for tourism. Any destination which has a booming tourism sector has also a growing real estate industry to cater to the growing needs of a growing population. Because of these factors, serious long term investors never abandoned their faith in Playa del Carmen Real Estate sector and the Playa del Carmen continued to grow.

Playa Realty Executives offers Playa del Carmen Real Estate investment oportunities in Mexico. If you have any questions or advise regarding Playa del Carmen Real Estate, Feel free to contact Tom Budniak for the best deals in Playa del Carmen Real Estate.

PUERTO VALLARTA REAL ESTATE WELCOMES NEW MAYOR

Puerto Vallarta Real Estate started the New Year with auspicious news. Puerto Vallarta has a new Mayor at the helm. Salvador Gonzalez Resendiz is the new mayor of Puerto Vallarta since January 1st, 2010, after his swearing ceremony, which was held on December 31, 2009 at the Malecon.Puerto Vallarta Real Estate industry has high hope s from the dynamic Mayor. The real estate market which is now recovering from the all the bad press and world recession in 2009 has pinned hopes on an effective leadership at the top which will restore investor confidence in Puerto Vallarta Estate.

Puerto Vallarta Real Estate has been one of the most popular travel destination for international travelers owing to its unique combination of old world charm, culture, arts blending seamlessly with contemporary lifestyle like luxury Puerto Vallarta Condo Homes, Resorts, beaches and water parks. Puerto Vallarta real estate investors have shown great confidence and their faith has been justified by steady appreciation of prices of Puerto Vallarta properties even during economic downturn. Major real estate developers from around the world have started their ambitious projects in Puerto Vallarta which offer both world class design and the best amenities and services found anywhere in the world.

The new mayor of Puerto Vallarta has committed to consolidating proven results for citizens as soon as possible. Mr. Resendiz's sincerity to his job and city can be gauged from the fact that he has even begun preliminary meetings with his team. He stated firmly that "Whoever does not work with efficiency, discipline, honesty and dedication will have to leave the office." This will certainly bring cheers to the citizens of Puerto Vallarta. Puerto Vallarta 's Mayor-Elect Salvador Gonzalez Resendiz is just 28 years old. He was born in Puerto Vallarta on March 26, 1981. He has been fortunate enough to be born in a family which has seen three generations if politicans. Surely, the collective wisdom and experience will come handy to the New Mayor in making Puerto Vallarta the best City in Mexico. One will be surprised to know that even with such pedigree he never considered his career in politics until he was assigned as director of social development in the current administration. The role saw him devote himself to helping the less fortunate.

A Graduate of international trade is passionate about his work and that passion drove his rising political career leading to his nomination. Even though he was confident of his securing his election, he worked hard through out his exhausting campaign which took heavy toll on his health. He says “I will leave city government at 31 years old and this will be my calling card–being such a young mayor of a city so important to our country,”

The new mayor is now focused on building a government that is responsive, accessible, practical and close to the people. He will also become a staunch promoter of Puerto Vallarta as tourist destination and address issues like cleanliness, security and safety. According to the new mayor “Tourists and locals should be reassured–they have an elected mayor who understands the challenges faced. We will be a good administration because we have the desire to serve.”

Realty Executives Vallarta offers many investment oportunities like Puerto Vallarta Real Estate, Beachfront Condos, Rental Villas, Apartments etc. If you have any questions or advise regarding Puerto Vallarta Real Estate, Feel free to contact Tom Budniak of Realty Executives Vallarta for the best deals in Puerto Vallarta Real Estate

Mexico Realtors Know the Path to the Port of San Felipe

The fishing village of San Felipe lies between the San Pedro Martir Mountains and the Sea of Cortez. This small town traditionally depended upon fishing for their livelihood. More recently, tourism has replaced fishing as the primary industry and more and more foreigners are buying beachfront property and vacation homes in San Felipe. The fish taco was invented in San Felipe and is now served all over the U.S. Playa Del Carmen provides an excellent central location to visit San Felipe.

The tourist season runs from October to May and many Snowbirds stay in Mexico for months at a time during the winter season. The average year-round temperature is 75 degrees Fahrenheit. The eco-system of San Felipe is unique with the desert running right into the sea. It is only 10 feet above sea level. Sometimes temperatures can reach 115 degrees Fahrenheit in the shade during the summer months. Winter temperatures can reach 40 degrees Fahrenheit at night, but both of these are extremes. Your Mexico Real Estate Agent can help you with climate expectations year round.

San Felipe offers many activities for the visitor and resident alike. Beachcombers revel in 23-foot tides that expose a half-mile of ocean floor. San Felipe experiences one of the largest tidal bores in the world due, in part, to the Colorado River delta. A local Mexico Realtor can give you more information on things to do in San Felipe.

The weather is gorgeous and just what one would expect in paradise – sunny skies, gentle evening breezes and warm ocean waters. The beautiful beaches are what attract many to San Felipe. Many retirees buy real estate in this area and live part-time in Mexico. The area is also popular with weekend vacationers from southern California and Arizona.

The population is approximately 25,000 but increases significantly on popular weekends and during the tourist season. There are many vacation and retirement homes available in San Felipe. A local professional Mexico real estate agent can provide a list of properties for sale or rent.

Baby Boomer retirees and young investors alike love San Felipe because it has 360 days of sunshine, the beautiful blue sea of Cortez, a peaceful fishing village with shopping, restaurants and nightlife, sea and desert sports, beaches you can camp or walk your dog on and friendly people who understand and respect the importance of tourism to their economy. A retired U.S. physician and his nurse practitioner wife founded a bicultural, bilingual hospital providing care to vacationers and residents from the U.S.

San Felipe offers everything you could ever dream of for your vacation, investment or retirement. Sandy pristine beaches, warm and calm waters, condos, villas, restaurants, hotels, bar, nightclubs, grocery stores, Baja Races, ATV, Tennis, Boating, Fishing, Kayaking, a state of the art new Hospital, International Airport, Harbor, and Golf Course make San Felipe a paradise on earth and one of the best places in Mexico to buy oceanfront real estate.

As you can see, Mexico Real Estate has many excellent property investment oportunities like Beachfront Condos, Rental Villas, Apartments etc. If you have any questions, requests or need any advise regarding Cancun Mexico Rental Properties, Playa del Carmen Real Estate, feel free to contact Tom Budniak.

Ten Reasons to buy Mexico Real Estate in Year 2010

Missed the Mexico Real Estate bus in the year 2009? Year 2010 is approaching fast. After a rollercoaster ride in 2009, what does the year 2010 holds for Mexico Real Estate? One thing is for sure, recession is nearing its end worldwide and the coming year promises to be a lot better year for Mexico Real Estate.

1) Emerging Markets leading the fight against recession: Developing countries with great growth outlook like China , India and Brazil have taken the lead in fighting recession and have seen registered growth in economy even as the developed countries were trying to get out of recession.
Mexico due to it's proximity to United States and low manpower cost is poised to be the next success story.

2) Secure and Stable Economic Environment: If you scratch the surface beneath those exaggerated news reports on crime and H1N1 flu, you will find that a large part of Mexico is peaceful and stable. Mexico is very popular with tourists, retirees, expats and real estate investors and this is a proof that Mexico is a safe & secure investment destination. This makes it very conducive to future economic growth.

3) Upward trend in Mortgage Loans: Mexico mortgage lending is slated to boom next year which means increased liquidity in market leading to increased buying. With market flush with money, the demand will rise and hence, prices will go up. Investors buying early in 2010 stand to gain more due to prospect of increase in Mexico Real estate prices later.

4) Improvement in Infrastructure: Mexico is witnessing government spending in the area of infrastructure development. New airport in Riviera Maya, sea port on the Pacific coast and improvement in highway and road network, all will bring good news in the year 2010.

5) High Quality healthcare: Mexico offers high standards of healthcare services. For this reason, for decades, retirees have been living in Mexico without any concern regarding the quality and price of healthcare.

6) Tropical Climate: The warm, sunny climate in Mexico makes it irresistible to people seeking relief from cold weather in their native counties like Canada.

7) Dollar vs. Peso: The US dollar continues to get stronger and hence living costs in Mexico are cheaper then they were a year back and quality of life in Mexico is just as in US or Canada.

8) Favored destination for celebrities: Mexico is a favorite destination for Hollywood and other celebrities with many owning Real Estate in Mexico . There is a good chance that you may get to see a Hollywood actor/actress in Mexico.

9) World class Real Estate developments: Mexico offers world class and a wide range of real estate projects. From beachfront villas to condos to traditional houses, Mexico has a lot to offer for everyone.

10) Culture and Natural beauty: Mexico is a country blessed with ecological beauty, friendly people and rich culture. Foreigners are welcomed here with a big smile and open arms.

Tom Budniak operates, owns, and manages Realty Executives Mexican Caribbean here in Mexico. Tom's office is considered by many in the industry to be the top office in Mexico. Tom, from Realty Executives Mexican Caribbean is a Certified Member of RMRE and MLS 4 Riviera Maya. Check out all of the resources available through Tom and Realty Executives Mexican Caribbean.

Realty Executives Mexican Caribbean offers many investment oportunities like Mexico Real Estate, Beachfront Condos, Rental Villas, Apartments etc. Contact Tom Budniak if you have any questions or advise regarding Mexico Real Estate - We are the leader in Mexico Vacation Rentals.