[headline h=”1″]After the Sale[/headline]
The closing will occur at the notario’s office and when you leave from there, it’s your home. Time to pop the champagne!
If it’s a resale chances are the property comes furnished. Some developers offer furniture packages but new developments are typically delivered unfurnished apart from appliances. However you receive your dream home you’ll likely want to spruce it up, maybe a little or perhaps a lot, and there are a number of architects and interior designers available I can put you in contact with as well as many excellent stores and other services available should you want to explore more on your own.
If it’s your intention to bring in some rental income while not here then property management services may be required. There are numerous companies offering such services and their costs vary with the complexity of the services contracted. It can be arranged to include anything from simply paying bills to fixing a leak on short notice to providing maids, cooks and/or gardeners, all tailored to your needs and circumstances, and pocketbook.
To enjoy your property you could continue visiting Mexico as a tourist as you’re allowed to enter the country for up to six months at a time before leaving and reentering again. You ought seriously consider elevating your Mexican immigration status above a tourist level, though. Many benefits await a new buyer by upgrading to what is called FM3 immigration status. This includes the ability to a onetime import of household furnishings.
Additionally, with an FM3 one can legally import a vehicle into the country. As long a your FM3 immigration status remains valid, so is your car and it can be kept here while you’re away. (As I write, Mexican immigration laws are being overhauled but the privileges remain included.)
That’s the purchasing process as it relates to most people. Each purchase is unique and your own requirements may vary. If you were purchasing beachfront property, for example, then consideration to maritime laws and concessionary rights would be required. If you come across some really cheap land of the too good to be true variety then it likely is too good to be true and it’s likely ejido land. Proceed with extreme caution; foreigners cannot legally buy ejido property despite what “great deal” may get presented your way. Be wary.
As your representative, we’ll discuss all these issues and others in greater depth and tailor my assistance to your desired purchase and needs. Welcome to paradise!
Next: Purchasing FAQ
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[headline h=”3″]The Concise Guide to Buying Property in Mexico[/headline]
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1. Introduction
2. Before the Purchase
3. Upon an Accepted Offer
4. After the Sale
5. FAQ
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