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I had previously done some research that indicated Americans (non-nationals) cannot own property in Mexico. In order to buy a house/land, one has to have the bank own the property. If I'm incorrect, please supply the correct information, with links.
I had previously done some research that indicated Americans (non-nationals) cannot own property in Mexico. In order to buy a house/land, one has to have the bank own the property. If I'm incorrect, please supply the correct information, with links.
A 'bank trust' is only true within 30 miles (I believe) of the coast.. After that you can obtain title as a foreigner. There is loads of info on this in other CD-Mex postings. Just do a search above.
My parents retired in Mexico actually. A small gated community south of Rosarito.
They seem to enjoy it, as it allows them to live a nice lifestyle on just a modest retirement. They had a lot of problems middle age with money, so it was either what they're doing now, or work until they're dead. I still haven't visted them while in Mexico, but it's a nice place from the pics I've seen.
My parents retired in Mexico actually. A small gated community south of Rosarito.
They seem to enjoy it, as it allows them to live a nice lifestyle on just a modest retirement. They had a lot of problems middle age with money, so it was either what they're doing now, or work until they're dead. I still haven't visted them while in Mexico, but it's a nice place from the pics I've seen.
I'm sure that you would want to visit your parents as soon as practical. Your parents are irreplaceable, only two to a child.
I'm sure that you would want to visit your parents as soon as practical. Your parents are irreplaceable, only two to a child.
They usually come up into CA to visit me. It's a lot more of a hassle at the border for them... but I'm a fairly small, single, white female driving a brand new car. I'm somewhat uncomfortable driving through TJ at the moment given the cartel activity there. I'm sure not all of it is as rampant as our media places it, but it still sits in the back of my mind. I'd rather be safe than sorry.
They usually come up into CA to visit me. It's a lot more of a hassle at the border for them... but I'm a fairly small, single, white female driving a brand new car. I'm somewhat uncomfortable driving through TJ at the moment given the cartel activity there. I'm sure not all of it is as rampant as our media places it, but it still sits in the back of my mind. I'd rather be safe than sorry.
Understood. Perhaps you could have a large male accompany you to your parents' location as your guest? Do you have to drive through TJ to get to your parents location? BTW, driving a US car in Mexico, especially a new car, is not a good idea. You would need Mexican auto insurance and driving in Mexico can be a real adventure for the novice driver. Here is a page link for info re Mexican auto insurance for US registered vehicles. The page link also provides information on vehicle documentation to bring a vehicle into Mexico and than back to the US. Also, there are numerous tips on the do's and don'ts for driving in Mexico. How about taking a bus to see your parents accompanied by a large male guest? I'm sure that your parents would be agreeable to that arrangement.
Understood. Perhaps you could have a large male accompany you to your parents' location as your guest? Do you have to drive through TJ to get to your parents location? BTW, driving a US car in Mexico, especially a new car, is not a good idea. You would need Mexican auto insurance and driving in Mexico can be a real adventure for the novice driver. Here is a page link for info re Mexican auto insurance for US registered vehicles. The page link also provides information on vehicle documentation to bring a vehicle into Mexico and than back to the US. Also, there are numerous tips on the do's and don'ts for driving in Mexico. How about taking a bus to see your parents accompanied by a large male guest? I'm sure that your parents would be agreeable to that arrangement.
I would have to cross the border at TJ (at the end of I-5), and then drive through it to get to the coastal highway. There are 1 of 2 ways to get there, the other cutting to the south of TJ, or heading directly west from there towards the coastal highway. Neither of which are exactly efficient. I think I'd actually be less comfortable taking the bus. Maybe a rental car. Someday... everytime though they offer to drive up.
Already checked on Mexican driving insurance. My parents make it up into the US for holidays, and they still love coming to Newport on the 4th of July for the fireworks.
I would have to cross the border at TJ (at the end of I-5), and then drive through it to get to the coastal highway. There are 1 of 2 ways to get there, the other cutting to the south of TJ, or heading directly west from there towards the coastal highway. Neither of which are exactly efficient. I think I'd actually be less comfortable taking the bus. Maybe a rental car. Someday... everytime though they offer to drive up.
Already checked on Mexican driving insurance. My parents make it up into the US for holidays, and they still love coming to Newport on the 4th of July for the fireworks.
OK, looks like you have everything covered with your parents. Good luck!
I lived in in Mexico for many years. Huatulco, south pacific near Guatamala, expensive and a little hot and humid. Also lived in San Miguel de Allende, beautiful, perfect climate, almost no crime of any kind, lots of foreigners, a little expensive to buy, buy rent is affordable.
Also spent a year in Ajijic, just west of Lago Chapala. Affordable, good weather, lots for sell and rent, lots of foreigners.
Lived in many other areas off the beaten path and some time in cities.
I would recommend Ajijic or San Miguel de Allende. You can check the links or google them.
Good Luck.
I lived in in Mexico for many years. Huatulco, south pacific near Guatamala, expensive and a little hot and humid. Also lived in San Miguel de Allende, beautiful, perfect climate, almost no crime of any kind, lots of foreigners, a little expensive to buy, buy rent is affordable.
Also spent a year in Ajijic, just west of Lago Chapala. Affordable, good weather, lots for sell and rent, lots of foreigners.
Lived in many other areas off the beaten path and some time in cities.
I would recommend Ajijic or San Miguel de Allende. You can check the links or google them.
Good Luck.
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