Yearly archive 2016
Ask an Expert - What are trust administration  fees?

Ask an Expert – What are trust administration fees?

What exactly is the annual “administration” of the Mexican Bank Trust? Does the bank actually do anything on an annual basis besides sending me an invoice? [The bank that administers my trust] just sent me an invoice for $616.52 U.S. for the “annual administration” of the trust. Last year it was $603.66 U.S. I have...

continue »

Finding your Happy Place in Mexico!

Happy Planet Index ranks Mexico as 2nd happiest country Source: Mexico News Daily You won’t find many countries happier than Mexico. In fact, there’s just one and that’s Costa Rica, according to the Happy Planet Index. Mexico has been ranked No. 2 in the world by the index, described by its creator as a measurement...

continue »

Daytripping in Michoacan

Daytripping in Michoacan

Uruapan, Michoacan, is a short three hour trip from Zihuatanejo and in addition to being a great place to visit in itself, the surrounding villages offer a wide variety of fascinating daytrips. Many visitors have come to Uruapan and using it as a base, have hired a bi-lingual taxi driver to take in the local...

continue »

Pledge to help change lives through access to education

Pledge to help change lives through access to education

New school opens in Zihuatanejo Today in Zihuatanejo, Mexico, Marina Sanchez Hernandez, a tireless advocate for the education of needy and deserving people – including local indigenous children and adults – opened a new free / by voluntary contribution,  school to continue her mission: bringing education to all and teaching literacy in local indigenous languages...

continue »

ZEE and Chinese Investment in Mexico

ZEE and Chinese Investment in Mexico

The states of Michoacan and Guerrero have recently established several municipalities along their seacoasts as a Special  Economic Zone (Zona Economica Especial, also known as  ZEE).     This action is expected to increase commerce and detonate the economy of the areas. Chinese officials visited the states of Michoacan and Guerrero earlier this month to review and...

continue »

Real Estate News - July 2016

Real Estate News – July 2016

Welcome to the Second Quarter, 2016 Newsletter. In this edition we look at Mexico’s economic relationship with the U.S.A. and we check out Canada’s new immigration law. In addition to the VISA regulation, covered in the article below, Canada is seeking an increase of Mexican students for scholarships and an increase in temporary agricultural workers....

continue »

Uruapan, Michoacán – Pearl on the Rio Cupatitzio (Part 1)

Uruapan, Michoacán – Pearl on the Rio Cupatitzio (Part 1)

Uruapan, Michoacán was founded in 1547 by Fry Juan de San Miguel. The sixteenth century city results from the amalgamation of nine barrios. Today, there are six, since San Lorenzo dropped out many years ago. The barrios are; La Trinidad, San Francisco, San Juan Evangelista, San Pedro, Santa Maria Magdalena and San Miguel. Each barrio...

continue »

Do I have to pay taxes on my Mexico rental in the US?

Do I have to pay taxes on my Mexico rental in the US?

  Do I need to pay income taxes on my Mexico rental property if I only rent it a few times a year? YES!   Mexican newspapers are full of headlines about the growing problem of foreigners who are renting their homes or condominiums and failing to pay Mexican taxes.  Not only is this a...

continue »