UPDATE - FEB 2021: We are launching a Dream Retirement in Mexico Program this spring!! Stay tuned. Go to thisismodernaging.com and sign up for our email list to get updates.

I’m a Mexican born, but lived in the US for many many years, and thinking of moving back to retire in Puerto Vallarta! Your information it’s very helpful! Thank you

@chriswalker143

2 жыл бұрын

I’m a Mexican citizen through my mother I was wondering since we have dual citizenship is there better options where we could put a down payment on a house and pay Mortgage like back here in Canada/USA since we are Mexicans

@nelusasu979

2 жыл бұрын

J

@bycracky22

2 жыл бұрын

Emma take me with you

@dinawhite5175

2 жыл бұрын

It sure seems many Americans are moving to Mexico it looks beautiful and looks a lot safer then the USA and not a total rip off on property taxes

@lidiagutierrez7983

2 жыл бұрын

In you are Mexican and wish to retire in Mexico, I have a question for you, in what way have you contributed to the Mexican economy to deserve to take advantage of cheap prices? If you grew up and lived in the States through your whole life then you are not Mexican, don't come to Mexico just because is cheaper.

im moving to mexico next to vallarta in about 2 years or less ! im 26 right now and im from Long beach ca born and raised . going to start building my house this year ! thanks for making this video ! appreciate it !!

@michaeljimenez9203

2 жыл бұрын

im thinking of living their an build a house, what would your budget be? for a 1300 sqft house?

Thanks for taking the time to make this interview. Taniel is always pleasant to watch and today the detailed information was valuable. Hoping to make the move to Mazatlan in the next year or so.

Thank you for this very informative and sincere video. I learned a lot.

You and Taniel have amazing energy! Ty for sharing and making my dream of moving to Puerto Vallarta more of a reality!💯❤️🌹🌞

Excellent video. I just returned from my first visit to PVR. Enjoyed watching it. Very succinct, targeted, and relaxed with useful information. Thanks. I am checking your website now. Best,

This is so super helpful! Great video! Thank you so much! 🙏😊

Great Video.... very informative! Thank you so much

Great video. We are going down to Puerto Vallarta in the fall. WE both love the city and the people.Thank you! Mike

Thanks! This is a great video on buying in Mexico! Keep up the great vids!

best video I’ve seen on purchasing property in P.V. thank you so much

I highly recommend MexLaw to assist Canadians getting through this. We just closed on our stunning condo in ElCielo , stunning...playa del carmen is great and the locals just awesome.

@DNATravel13

2 жыл бұрын

Did you finance or all cash?

Video is sooo informative. Thanks

Wow very informative video, great job Risa. Taniel appears to be a real solid real estate agent. Thanks for sharing.😃

@ModernAging

3 жыл бұрын

Yeah Taniel has been in real estate for 15 years in Puerto Vallarta so knows his stuff and really passionate about making sure his clients get the info they need.

Just came across this and this was a great interview, lots of good information. Would be great to do an update as this was 2 years ago if there are any new changes. Thank-you very much, dispels some of the beliefs I had about buy a Mexican property.

Thank you so much, it's informative.

when we go to buy, I will be getting a hold of Taniel, you seems very trust worthy and knowledgable

@ModernAging

2 жыл бұрын

Taniel's the best! :) And all his clients say the same thing...you'll be in great hands.

What a nice lady and gentleman- very good vibe and conversation as well as useful hints and knowledge

Great video. Taniel is very knowledgeable ❤️

Very informative video. Thank you for sharing. Loved the chihuahua too!

Great video and he's such an eloquent man with an amazing personality. Thank you.

so helpful, thankyou very much!!!

Great video & A lot of very good information 👍🏽👍🏽

Very helpful, thank you.

Very helpful information! Thank you

@ModernAging

4 жыл бұрын

glad to hear it was helpful. thanks so much for watching.

@TanielChemsian

4 жыл бұрын

Thank you, Alejandra.

Very helpful information. Thank you

many thanks to take precious time , to share knowledge. Only generous individual, have altruism that tendancy. many thanks again, all the best.

This was very helpful. Thank you!

greetings from Merida - Mexico's awarded best area for overall quality of life

@TanielChemsian

4 жыл бұрын

It's on my list of places to visit.

@grabrielgrena9466

3 жыл бұрын

kzread.info/dash/bejne/aKCNo5mcYbPUpdI.html

@Kitiwake

3 жыл бұрын

How is the crime?

@tn18977

3 жыл бұрын

I read that it is unbearably hot there all year round

@quikxfl

3 жыл бұрын

@@tn18977 you don't move to Mexico because it's cool weather.

Thank you for the information very informative.

You asked great questions. I run a group called tijuana insider on Facebook and will share this video with them. Very Informative

@ModernAging

3 жыл бұрын

sounds great! will have to check out the facebook group! thank you.

Very nicely done. Thank you.

Great video, very informative, thank-you!

@ModernAging

2 жыл бұрын

glad you got some good helpful information from it!

Loved the video thank you

Thanks so much for this info. My husband & I have been looking into moving to Puerto Vallarta within the next 3 years & this information was beyond helpful. I'll be emailing Tim for his guide :)

@michaelmolina9667

2 жыл бұрын

Be very careful it's very dangerous down there I seen decapitated bodies I lost my money I was putting in to my house

@chanelsmith1985

2 жыл бұрын

@@michaelmolina9667 When was this? And how did you lose your money for your house?

@tomortale2333

Жыл бұрын

go to Canada....duumy

best video when buying real estate in Mexico. the best

What a great n informative video. Lots of wonderful ideas. I'm planning to retire to Mexico shortly. Though not sure about buying land or home (condo). Will need to research more on the areas in Mexico.

Very helpful video. We have been thinking about retiring to Mexico.

@dreamretirementinmexico

2 жыл бұрын

i'm happy that you found it helpful! we are having a free live webinar may 15, 18, and 19 - how to buy property in mexico and healthcare options for expats - if you are interested you can sign up at www.dreamretirementinmexico.com/webinar

Very helpful tips 🏠 ! I Love the Beautiful Riviera Maya ! Hoping to buy a property there 🏠! Thank s for all the information!

I found this extremely helpful, I will certainly be contacting the Timothy Real Estate Group when I'm to purchase in Puerto Vallarta.

Thank you. That was great.

Great information ❤️

If you have any questions for Taniel, please write them below! We would love to hear from you and your interest in buying a property in Mexico!

@eliuloarte993

3 жыл бұрын

Yo any opportunity for the reference to this company for employment

Very helpful thanks

That you Madame for this interesting video. Mr. Taniel Chemsian impresses me as a man of Integrity and decency. God willing, I hope one day to contact him and hopefully do some Real Estate business with him and his Company. Your videos are truly an eye- opener as well as an education for all of us who love Mexico and the Mexican people!

@ModernAging

3 жыл бұрын

thank you so much! We are in the middle of developing a program that will do a deeper dive into moving/retiring in mexico. Stay tuned for all the details!

@luismedina8086

3 жыл бұрын

If you guys actually loves this place and his ppl, you should be aware of how your condos are turning an actual paradise into a shitty place. So sad be witness of how this place is losing his magic.

Awesome questions and answers. I would definitely hire Taniel Chemsian to get my Vallarta dream home.

I like that Taniel said work with someone who is an AMPI-registered agent. I also like that he has a buyer's guide. He explained everything very clearly, but it is a lot to digest. Sounds to me like definitely go with somebody who knows the ropes. I would love to see some of Taniel's properties to get a visual idea of what you would get for the money, with a breakdown on annual carrying charges. The taxes, water, gas, elec, Taniel went over in this video, but I'd love to see the maint charges for specific properties, as well as, do you need insurance for the property, and how much would that cost? If you're not a citizen of Mexico, do you have to leave the country every six months, and reapply for a visa every time? How long would it take to get dual citizenship, and would you have to pay double income tax/tax to both countries?

@ModernAging

4 жыл бұрын

all great questions and something we will address in a future video - thanks!!

@nicholasbroussard2892

2 жыл бұрын

You

Great conversation.

Great interview, with a friendly professional real state person.

@ModernAging

2 жыл бұрын

Taniel is the best! He's been in the business for years and really understands the market and wants to make sure his clients are happy.

MEXICO IS SO BEAUTIFUL COUNTRY..

It's an annual tax for owing property in the restricted zone. It is the equivalent of paying the Franchise Tax Board $800 to file a business return.

Wow! All the Mexicans coming here and Americans moving to Mexico. The grass is always greener.

How is the money usually transfer? wire transfer from bank to escrow? do you pay taxes in US or Mexico for that?

How I can do the process to buy the property without be in person ? What special process I have to do?

Really great information! I’m looking for vacant land near a small town where I can do permaculture. Sadly, not many videos cover such things, always the more expensive properties up to a half million. A lot of us just don’t have that kind of nest egg or want that kind of life.

@lidiagutierrez7983

2 жыл бұрын

Or stay in the US, you all already have robed half of Mexico's territory. Mexico is not for sale 🤷‍♀️

@tomortale2333

Жыл бұрын

ABOVE whooo in ther right mind would invest 1/2 million there??? are u just crazy or very stupid...

I love empanadas to, hahaha specially from Salta (Argentina) 👌

Very informative video and fantastic interview. I saved this Real estate group in my rolodex and will be contacting them the day I make it down there if it is meant to be. 🙏

@risam

3 жыл бұрын

that's great! well feel free to join our free upcoming webinar in June (8, 9, 13 or 16) - Dream Retirement in Mexico. You can sign up and get more info at DreamRetirementInMexico.com... that'll just be some more info for you -- we will talk about some of the different cities as well as real estate and healthcare. :)

@Levi-cx2to

3 жыл бұрын

@@risam Thanks for the link. I appreciate it. I signed up for one of the webinars. 😊🙏

Greetings from your colleagues from San Quintin, Baja California 🫶

Thank you!

I wish you would have touched on buying land and building a home your self.

If there is a list of closing Lawyers in the PV area that you would recommend I would appreciate some names to contact for a property purchase. Thanks Robert W

Finiquito is different, not really how you explained it. It could be that way, but it is not necessary, and it won't be a problem. Mexican here who studied laws.

Excellent!

BTW love the sound of the rain in the background. at least it sounds like rain from my end.

Great info, but lots to think about.

Would it be the same rules for a foreigner buying a vacant residential lot? Thank you.

In a future video, could you discuss the process and any costs associated with renting in PV?

@ModernAging

4 жыл бұрын

absolutely!! happy to do that in an upcoming video!

@HamiltonRb

4 жыл бұрын

@@ModernAging Thank you Not only snowbirds looking to spend the winter in PV, but expats looking to live there, and maybe either don't want to buy yet or prefer to rent, would get a lot out of how to rent, where to find rents, what utilities do you pay and what legal protection do you have after signing a lease. Your interviews are very good so I'm sure you have plenty of questions to add.

@ModernAging

4 жыл бұрын

@@HamiltonRb absolutely...one question leads to the next right? will look to address these questions in a future video! thanks so much!!

@TanielChemsian

4 жыл бұрын

Hi HamiltonRB - Feel free to email me at taniel@timothyrealestategroup.com so that I can get you in contact with rental agents in town to help answer your questions.

Extremely informative! I have subscribed! Thank you so much for posting with this gentleman! No accent easy to understand! I’m a senior citizen on fixed income so not sure I can afford to buy, but what about renting? I rent here in California, and it’s much to expensive anymore, what’s Available? Plus I have all furnishings. Thank you !🙏🇺🇸

So much food information. What’s you opinion on those houses owned by the bank? Is it The same process with the paper work and escrow?

Good job!!!

Do you have any recommendations for an immigration attorney in the US who can help answer questions and give advice to Americans who want to get permanent residency in Mexico?

There are trust fees too that they didn't mention. We owned a property in Cabo area bought through the main realtor in San Jose. The bank (and other aspects) proved to be very third world, really a nightmare to be honest. We live in Canada and their mail to us was constantly mislabeled, wrong address, name misspelled. Despite many attempts to correct the bank information they never got it right. Road washed out and took a very long time to fix. This was land that was 2 hundred yards from the ocean BTW. All in all it was a really big pain

when buying in the on the coast is there a protection of title insurance with the trust?

I know this video is older, but I just found out while researching. Has anyone successfully bought a property in Mexico that is a foreclosure?

This was WONDERFUL Thank you! I am looking at Mazatlan, but this was so helpful. To your health in Jesus name!

How did you handle your permanent resident vida process

Nothing was said about the annual trust fee charged by the banl holding your trust. Our trust fee is $400.00US a year.

Way Cool... Thanks

@ModernAging

3 жыл бұрын

sure absolutely! we are launching a program that does a deep dive into purchasing real estate in mexico. stay tuned!

Insightful! What process to buying a home!😅

@ModernAging

2 жыл бұрын

glad you were able to get some helpful info from it.

Ill be moving to mexico in a couple of years

What about partial ownership of an inherited property

A native Mexican Real Estate Agent/Attorney in another video said that closing costs should only be like $2500. (not including real estate commission and notary fees). He indicated that if it's like $10k or more your Real Estate agent is scamming you. He also said AMPI may have ethics, rules and training, but since no real estate agents are licensed...they too, can do whatever they want and be dishonest if they want. He also said there is no such thing as an escrow account in Mexico. So don't send money anywhere to the real estate agent or to an account in America. He said you get an attorney who is legally a notary appointed by Government of Mexico. There are a limited amount of attorney/notaries.

@TanielChemsian

4 жыл бұрын

Hi Marilynn - Good afternoon. Thank you for taking the time to post your comment. I don't know who this "native Mexican real estate agent/attorney" is, but I will be happy to speak with him/her and provide him/her with current information regarding our market in Banderas Bay/Puerto Vallarta and the ownership process. There are a number of escrow companies that provide services in our region, including but not limited to TLC, Secure Escrow and Armour Secure to name a few. There are others, but we've typically seen these three more often than not. Since selling real estate in Vallarta since 2006, I have not seen a buyer closing cost at around $2,500 USD. There are a number of itemized expenses that makes up the buyer closing costs, the largest being the Patrimony Tax/Transfer Tax and the Notary's legal fees for their services. Please keep in mind, when a foreigner acquires a property in the Restricted Zone, which is 50 km from the coastline and 100 km from the USA an Central American border, they need to have a real estate trust with a Mexican bank. The one-time cost to set up the trust, and the first year annual trust feel can be around $22,000-$27,00 pesos (as of today, June 10, 2020). As with hiring any service provider, wether it is a plumber, accountant, attorney, real estate agent, painter, dentist, to name a few, it might be best to interview a few candidates and ask for referrals/references, and do your due diligence before making a decision. As with any profession in any part of the world, there are honest hard working individuals/companies with a great track record, and those that aren't as ethical or honest. I will be happy to discuss further with you if you'd like. I can be reached at info@tanielchemsian.com. Wishing you a great evening.

@VallartaRob

4 жыл бұрын

OK, I bought a two-bedroom condo inside the Marina (Marina Vallarta, where the fishing boats are) back in 2016. The price was $140,000 sold "as is." I intended to completely remodel it, so took advantage of a good price, given that I was going to tear everything out after closing. Looking at my closing statement, the largest expense next to the apartment itself were the Notary's fees. He's a public attorney who closes and records all real estate sales. His fees for title work, an appraisal, various taxes and fees, came to $10,290. I also paid a 2.5% transfer tax, which all buyers must pay. In my case it was $3,552. If you add those fees together, my closing costs were a little less than ten percent of the price of the house. Good luck, whatever you do.

@happyinparadise7812

2 жыл бұрын

There are many notaries in Merida.

I think I found my realtor!

Looking at Merida for a house. Does this gentleman have a recommendation for a agent there.

Do you suggest or recommend any general contractors out in Baja Mexico I have a lot in puerto Nuevo and want to build a nice beautiful two story home but I don’t know anybody out there.

At first I was gung ho about buying real estate in Mexico, but if I can rent something for $300 US a month, I can essentially live for decades in a place that I can fix up the way I want but NOT have the headaches of paying for repairs, etc. My advice is to live there for at least a few years before you choose to buy. For that cheap rent, I can also live all around Mexico instead of being stuck in one city.

Is it possible for Canadians to live there full time? Without having to return for part of the year?

The chihuahua was the star of the video.

What is the difference for purchasing in Mexico if for example I was born in the USA but my parents were both born in MX and they are both now USA citizens. I heard that it is an easier process to get MX residency and/or temporary residency to be able to open a bank account and purchase property out there.

@angelysin9266

3 жыл бұрын

Ve a la embajada mexicana más cercana donde tu vivas y allí puedes obtener la ciudadanía mexicana y porque eres hijo de mexicanos, México acepta la doble ciudadanía también alli te Informan como puedes comprar propiedades desde Usa.

what about if I have a dual citizenship between the United States and Mexico. , my mother was Mexican so I have dual citizenship now. Does this restricted zone applied to me as well, or just residents or tourists?

@miguelrodriguez1885

3 жыл бұрын

no it doesn’t

Does it cost the buyer to use a Realtor ,and Attorney?

Thank you for the video...very informative. My husband and I are looking into moving to the Ajijic area. Do you have a realtor you could recommend in that area?

Great info. I’m already a temporal visa, living in Ajijic area. I can not find a. Agent who works for cheap lots for sale. I do not want a 300,000 house. Just a small thing to possibly put a geodome , geodesic dome house on. Yes the ones here are not trained or no license, one I went with couldn’t drive, couldn’t Find the lot. I am getting the feeling there are gringo properties, then no land for small money for us, like keep out?

I wish you talked more about cost of HOA. Some places where i live, HOA is $1500 per month, which is just a deal breaker really.

@jzuffoletto

3 жыл бұрын

We just concluded an extensive condominium search in PV. HOA fees vary by property, but are generally $200-$600 per month. We saw one unit where the HOA was $1,000 per month, but that was the only one and was clearly an outlier. HOA fees typically include water, and sometimes gas, in addition to the usual common area stuff, building insurance, etc.

@Mmmmkaaay

2 жыл бұрын

I would never buy a place with an HOA. I've heard nightmares about these funds being mishandled and then one day the building needs a new roof,they don't have enough money and then they raise the HOAs by hundreds of dollars overnight.

México is a great place for living peacefull retired people are very happyness

@Kitiwake

3 жыл бұрын

What's the price is body armor?

@juanignaciomunoztorres8652

3 жыл бұрын

@@Kitiwake what you mean Buddy no te entiendo en lo absoluto cuidate mucho y te deseo lo mejor

@petewick8627

2 жыл бұрын

@@Kitiwake a morons comment

I'm moving to Mexico when i retire!

@richardleetbluesharmonicac7192

3 жыл бұрын

I do not recommend that. You’ll be back. Don’t sell anything.

@grabrielgrena9466

3 жыл бұрын

Smart man, at least come down here the winters even Ted Cruz is doing it

@stunnak1006

3 жыл бұрын

@@grabrielgrena9466 can you tell us about Mexico? All we hear is the bad stuff the media talks about

@grabrielgrena9466

3 жыл бұрын

@@stunnak1006 In Mexico you'd only get in trouble if you put yourself in a bad situation such making deals with cartel people, or if it's obvious that you have money (big ass truck, your loud, showing off, etc), or if you explore remote areas. People that keep a low profile, stay in "nice" areas, or know how to blend in almost any area, are NOT in danger, there is way more freedom here than in the US, here basically they'll kill you if you own someone something or piss some one off big time unlike the US that you just might get shot for no reason. Poor areas are noisy AF, mexicans drink religiously on the weekends and are loud AF, but if there are enough quiet serious people on the hood talking to the noisy people it can be stopped by the quiet neighbors, there are a lot of beggars in most main roads, just tell then No politely like:"maybe the next time", if they are your neighbors is ok every once in a while give them small jobs like sweeping infront of your house for a couple of bucks. On the other hand"nice" private areas(middle class) are usually quiet and crime is low. Weather is nice(california like weather) all year round in most of the country, if you can afford AC youd could live anywhere in the country(some places are hot and humid). Food is of the best the world have to offer. People is friendly in general. There a reason why the best beaches of Mexico are full of foreigners year round. Fly as much as possible for long distances. And dont take my word for it, try it yourself and let's us know.

@Mmmmkaaay

2 жыл бұрын

@@grabrielgrena9466 You're so right. In America you really can get shot anywhere nowadays. It's sad. I would definately feel safer in Mexico.

I own four homes in Mexico. For most U.S. retirees, I would not recommend it. Unless you have the extra $$$ and have made a major commitment to remaining in Mexico, you are better off renting short term. '

@grabrielgrena9466

3 жыл бұрын

kzread.info/dash/bejne/aKCNo5mcYbPUpdI.html

@Deltron6060

3 жыл бұрын

How are you ever better off renting??

@headlessprofessor

3 жыл бұрын

@@Deltron6060 It is all a matter of numbers and risk. Suppose you can purchase a house, cash, for $100k. You now have zero mortgage payments, but are you going to see that $100k again? Not if some branch of the government (perhaps an ejido) challenges your ownership, or some squatter or cartel takes it over. Suppose there is a toxic chemical spill or a new local arbovirus? Suppose rent is $500 a month. That could go up with inflation, but how much are you risking in each of the above scenarios?

@paratroopergirl4064

2 жыл бұрын

@@headlessprofessor --- Has this happened to any of your 4 properties in Mexico?

@petewick8627

2 жыл бұрын

@@headlessprofessor so 1.5 million expats made a mistake

Please send my Guide to bye a house or a condo

I hear that it cost $10,000 just to set that ‘lease’ with the Federal government. This of course is in addition to the price of the house/condo.

@rosilatrailera

3 жыл бұрын

sounds like they are LEASING not selling a property.