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Vacation
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Under reconstruction
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| Information
on leasing or acquiring property or doing business in B.C.S. Mexico
Business opportunity´sIn order to doing any business or selling in Baja Mexico, you have to be mexican or open a mexican Corporation ( S.A. ) (cost ca $ 600-$ 1200, best done in Ensenada or La Paz). The 4 officers do not have to be Mexican. After you register the Corporation with the Hacienda (Mex. IRS), you will be able to get a "FM3 Lucrativo" (work permit) from the Immigration. |
| Leasing PropertiesProperties
with the right of possession and or clear title can be leased for different
lengths of time. But never more than 9 years and 11 months renewable up
to 9 times upon Lessor and Lessee agreement. These
are normally paid to Lessor annually and differ as to various properties.
Terms and conditions or lease vary as to properties leased. Some properties
have right of use and possession, but do not as of yet have clear title.
The right of possession may be leased for up to 9 years and 11 months,
renewable 9 times, this is a prepaid lease. In some contracts, Lessee has
the right to convert said lease to a Bank Trust at such time as the government
issues a clear title. Choice of time of conversion and Bank used is at
Lessee, s discretion. The primary importance is that any and all contracts
are legal by Mexican law, all these contracts also must be in Spanish.
These can have a Certification of Signature by a Public Notary, but is
not necessary.
Buying with Bank Trust (Fideicomiso) |
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