Mexico´s president proposes Energy Reform amid debate about privatization of Mexico´s petroleum industry
Energy reform and the privatization of Mexico´s oil and gas industry is a controversial issue in Mexico and has been in the national debate for many years. The main point of contention being whether Mexico needs to open up the state run monopolies of energy to private investment to allow much needed funding for upgrades,...
Getting Married in Mexico
Getting married on a Mexican Beach or in a Mexican Hacienda is becoming a trend among foreign couples looking for a different and extra romantic wedding. Unfortunately, even while the foreign-wedding business is clearly growing, the Mexican authorities have not made enough efforts to facilitate the process. It is not that it’s impossible to get...
Closing Costs
in a Real Estate Transaction
Closing costs in Mexico are often a surprise for foreign buyers… Sometimes they feel the closing costs are too low, sometimes too high, but many times they are just confused why they were told one approximate by their attorney, a different one by their real estate agent, and a completely different one by the seller....
Understanding Closing in Mexico
It is well known that starting a business or purchasing a property can take a long time, anywhere. This can be especially true if you are a foreigner and you want to purchase property in the “restricted zone” (the coastal areas) of Mexico. I’ve spoken to many foreigners who were told “by somebody” that they...
Notary Public vs. Notario Publico
Throughout my professional practice I have noted several times that foreign clients—especially those who come from a country with a “Common Law” legal system, such as the United States—believe that Mexican notaries are very expensive, in comparison with a U.S. notary’s fee. There is a very good reason for this. Although notaries in both countries...
