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The Fedeicomiso IS renewable. I guess that anything can happen. I lost a hell of a lot more money on the real estate that I owned in the U.S. My 4 properties lost about 50% in value in 2008. That is significantly more than I have invested in Mexico and I live on the ocean. Since I'm retired I don't think that I have to...more
Well actually you ARE correct (sarcastically stated) . The Mexican people are very accepting of Ex-pats that come to Baja. You have to remember THEIR economic well being is dependent on Tourism. In general the Mexican people are very , respectful, proper, moral ,grateful, humble , and a joy to be around. Bob , you eith...more
To answer steveG1956's statement. Yes and No. Real estate practices have changed in Mexico. American title companies have come onto Mexico to research the chain of title on purchases. If you purchase a property you need to be sure that the title to the home is clear. Only then do you purchase. The property is then h...more
Let's be real. $40k won't go far in the good old U.S. You will have to give up your standard of living, cash, or move to some" backwoods" part of the U.S. The real choice for retires with depleted assets to to retire is in Baja Mexico. You may say " too much violence" , but that's not the reality here in Baja. I feel...more
A candidate's religion is NOT Irrelevant . It is actually one of the most important things to consider when placing your vote. This president will likely be appointing 1-3 justices on the Supreme Court during his term. Justices are there for life not just 4-8 years , and they are the moral and legal "gods" of our nati...more
I currently have retired just 1/2 hour south of San Diego. in the PEACEFUL town known a Rosarito Beach MX. I have lived here off and on for over 10 years and have finally liquidated all of my hard assets in the U.S. This place has the great San Diego weather, I can be sitting in a seat at Petco Park in about and hour...more
O.K. Folks , here is what you need to think about. If you have any equity in your still overpriced U.S. home, liquidate now, before it drops any lower. That's right , home values will go down , especially if you live in one of the heavily hit areas like: So. Cal, Nevada , Florida , Arizona. ( the banks and the gover...more