The Baja California peninsula represents an eco-jewel in Mexico's treasure chest of lush vegetation, breath-taking coastal lines and mountainous landscapes. Whether its gray whale watching in the lagoons off Los Cabos or traversing through the Sierra de la Laguna dry forests, this land mass, which extends 1250 km (775 miles) from top to bottom, has been developing it's eco-touristic infrastructure for the past decade with glowing results.
A culmination of this endeavour is best represented at the Baja California Meeting Point (BCMP) forum which has been described by the Mexican Tourism Secretariat as "the most important business encounter in the Sea of Cortes region and the Baja California peninsula."
In it's fourth consecutive year, the BCMP's goal is to formalize business ventures and investments into the millions by exploiting the region's potential for touristic and real estate growth on the Mexican North Pacific strip.
This year's event will also include the "assisted living" industry, medical tourism, complimentary and recreational services, as well as the renovation of border crossing infrastructures.
Participating investors will come from the states of California, Arizona, Sonora, Baja California Sur, Sinaloa, Jalisco, Distrito Federal and by its host, the State of Baja California, reflect how important this event is for the region.
The BCMP also provides a platform for experts from both the public and private sector (American and Mexican) to voice their opinions regarding what direction development should take in the region (and language is not a barrier as the BCMP offers simultaneous translation services as well as a bilingual staff available at all times).
Known as "the most profitable Investment Summit in the Sea of Cortez and Baja California," the BCMP will include hundreds of pre-arranged meetings, one-on-one consultations and a full two-day program of conferences and discussion panels. Discussion topics include: financing, real state appraisals and valuation systems, tax and legal framework, sustainable development.
Baja California Meeting Point 2008 will be held between Oct. 15-18 at the Grand Hotel Tijuana. For more information go to Baja California Meeting Point 2008.
Pursuant to the civil codes of each of the states of the Mexican Republic, in order for a lease agreement to be valid, it must be executed in writing. Although the civil codes of the states generally establish the obligations of the landlord, it is advisable that the following obligations be included in the lease agreement that is executed:
As was indicated, the restrictions on the acquisition of real estate by foreign individuals, foreign companies, and Mexican companies with foreign investment must be taken into account.
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Along with the above, it is equally important to determine the best location to acquire property in Mexico before making the purchase. In order to make that determination, the following should be taken into account:
Acquisition of real estate by foreign individuals or entities: The right of foreigners, whether individuals or entities, to acquire real estate in Mexican territory depends on the location of such real estate:
The city booms and has been registered as the fastest growing community in all Latin America. What's bringing people and the growth to this specific region of the Mayan Riviera? The main factor is coming from the increase in tourism, the increase in hotel rooms being constructed and therefore increases in employment.
For those brave souls who are building their home in Mexico, an important part of the process is the Manifestation. This is a notification made before the local property tax department. It signals the termination of the construction and tells the world that the houseis ready to be occupied.
Buying and selling property can be stressful. Here in Mexico it can be both stressful and challenging, As in any country, if you do your homework and use the service of a professional title service company, life will be easier for you. Unfortunately some sellers don’t have all their title documents in order.
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