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Real Estate Investing in Cabo San Lucas and even Cerritos Beach

from: is Easier and Safer than you think


Author: Steve Majors

Article:
Several myths surround real estate ownership in the Cabo San
Lucas area, beach property in places like Cerritos Beach and
real estate investing in Mexico in general.

One of the biggest myths about owning property in Mexico is that
it is impossible for foreigners to own land within 50km of the
sea coast or 100km from the border.

Owning land in Cabo San Lucas and the surrounding area is easier
than one might think and below is one example of how this is
possible.

It is a great article by Carol Billups, that describes how
Americans or any foreigner for that matter can (and do), own
land and property within the Mexican states and the Baja Sur,
Cabo San Lucas area.

Real Estate: Trust is Everthing Foreign Investment in Mexican
Real Estate with the Fideicomiso of Mexican Bank Trust

"In Los Cabos, foreigners (US and Canadian citizens as well as
all others) can buy property as long as they own it in a trust
known as a Fideicomiso.

This trust, similar to a living trust, exists to hold title to
one piece of property.

If your property is located within 50 Km from a sea coast or 100
Km from an international border this is the only way in which
you can take title.

In Los Cabos that pretty much defines all of our real estate.
But we're not complaining because not only is the Fideicomiso
system safe it offers tax and estate planning advantages.

What you need to know are the terms of the trust."
http://www.loscabosguide.com/realestate/fideicomiso.htm

It explains some of the rules as well as benefits of owning
property in this manner. Although a great article on the
Fideicomiso, (Mexican Bank Trust) it fails to show that owning
land in Cabo San Lucas, Mexico and beautiful beach access
property like that in Cerritos Beach is also possible through a
Mexican corporation; not unlike the U.S.

Own property in the Cabo San Lucas area and do your real estate
investing in an area that is growing in leaps and bounds.
Cerritos Beach property now available! Visit
http://TheLazyInvestor.com/cm/Cabo-San-Lucas.php

keywords: Cabo San Lucas, real estate investing, Cerritos Beach

Steve Majors - The Lazy Investor Profit from Real Estate
Investment articles, real estate investing information and news
from one of the most creative investors on the planet ~FREE
MEMBERSHIP & real estate training course~
http://TheLazyInvestor.com

About the author:
Real Estate investing expert, Steve Majors has fixed stereos,
was a radio DJ and owned several successful businesses.
Completing 40 deals his first year in real estate investing, he
now teaches others the secrets of Real Estate investing with his
very own L.A.Z.Y. methods (minimum effort = maximum results).
Profit from articles, news and information from one of the most
creative investors on the planet! http://SteveMajors.com

 

 

Information On Mexico News

Best Practices for Becoming the World's Richest Man: The Carlos Slim Story - The AtlanticWire (blog)


The Hindu

Best Practices for Becoming the World's Richest Man: The Carlos Slim Story
The AtlanticWire (blog)
... why Slim has pursued investments, including Telmex, that have given him a stranglehold on the pipeline of electronic information flowing through Mexico. ...
Slim Passes Gates, Buffett to Become Forbes RichestBusinessWeek
Muck tracker - Carlos Slim heads Forbes richest listMuckety
'Forbes' Rich List: Number Of New Billionaires Reflects Global RecoveryRadioFreeEurope/RadioLiberty
The Money Times -680 News
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Patni Computer Systems Opens New IT Delivery Center in Queretaro, Mexico - MarketWatch (press release)


Patni Computer Systems Opens New IT Delivery Center in Queretaro, Mexico
MarketWatch (press release)
"Patni's investment in our community illustrates how Mexico is gaining stature as a global IT hub," said Rovirosa, the Queretaro governor. ...

and more »

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Devon Energy Announces $7.0 Billion of Property Sales and Oil Sands Joint Venture - PR Newswire (press release)


Citizen

Devon Energy Announces $7.0 Billion of Property Sales and Oil Sands Joint Venture
PR Newswire (press release)
"These sales, combined with our previously announced divestitures of $1.3 billion of deepwater Gulf of Mexico assets, put Devon well on the way to ...
Stocks in the News: Devon, BP, CitigroupDailyFinance
Report: BP is pursuing Devon Energy assetsJournal Record (subscription)
BP purchases Devon Energy Corp. assets in AzerbaijanNews.Az
London South East -Belleville News Democrat
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