Fideicomiso The Mexican Bank Trust

The Mexican bank trust is an instrument commonly used for non-Mexican nationals to purchase coastal land in Mexico. This bank trust in Mexico is known as a FIDEICOMISO.

Many people are unaware that Non-Mexicans can own property in Mexico. For many, it is a surprise that Mexican foreigners can actually own property that is right on the beach, YES, Mexican foreigners can own a beachfront home and live full time very comfortably in Mexico.

Mexico 1917 Constitution outlines clearly that no Non-Mexican Citizen is allowed to own Mexico Real Estate within 60 feet from the mean high-tide line, up to 31 miles inland from the ocean, and up to 62 miles from international borders (The Restricted Zone).

As Mexico intelligently realized over the past several decades, foreign investors with their foreign investments were and are very attracted to the beautiful natural coastlines of the Mexican Pacific, the Sea of Cortes, the Mexican Caribbean, Gulf of Mexico There were even many Americans who preferred to live in the less expensive Mexico neighborhoods, but within driving distance of their jobs on the American side. There is not a higher law over the Mexican Constitution….so amendments were established.

The fideicomiso is an agreement set up between the Mexican foreign buyer and a Mexican bank. The bank acts on behalf of the buyer The bank will have title, but has a fiduciary obligation to follow the directions and wishes of the foreign buyer the non-Mexican buyer can enjoy, use, rent out, improve upon the property, expand, build and sell the Mexico Real Estate and reap 100% of the profits:

• Fideicomitente = seller of the property
• Fiduciary = the bank acting as the trustee and holder of the title
• Fideicomisario = beneficiary of the property

Term of 50 years, and it is renewable for another 50 year term.

Second beneficiaries can be established within the trust to establish automatic inheritance of the property in case of deaths of the first beneficiaries.

The buyer, can choose which banks he wishes to establish his Bank Trust There are various multi-national banks in Mexico.

In regards to Non-Mexicans buying property outside of the Restricted Zone Mexico Real Estate Bank Trusts are not needed in these regions and property can be held simple and straight title.

The Fideicomiso is used to acquire property here in Mexico only on land that is within the Restricted Zone, arguably the most desirable amongst buyers. 

To learn more visit http://copalaproperties.com/

Ready to move in House For Sale, Copala At Quivira Los Cabos

Anui Ocean View
House For Sale, Copala At Quivira Los Cabos 3161.61 Sq. Ft. 2
Upgrades Pool, Fire Pit - Roof Top, Jacuzzi, BBQ.
3 Bedroom, 2.5 Bathroom, $684 000 

Get more info; carlosj@copalaloscabos.com

The   luxurious homes and condominiums at Copala Los Cabos are carefully designed to complement and enhance the breathtaking landscape, and the details of each dwelling will seduce your senses. We expertly meld luxury living with contemporary Mexican decor and upscale finishing touches; your residence will serve as an exclusive escape.

  


 

Thanksgiving Day 2016

Thanksgiving Day in the United States, is traditionally a holiday to give thanks for the food collected at the end of the harvest season.

THANKSGIVING BECOMES AN OFFICIAL HOLIDAY

Pilgrims held their second Thanksgiving celebration in 1623 to mark the end of a long drought that had threatened the year’s harvest and prompted Governor Bradford to call for a religious fast. Days of fasting and thanksgiving on an annual or occasional basis became common practice in other New England settlements as well. During the American Revolution, the Continental Congress designated one or more days of thanksgiving a year, and in 1789 George Washington issued the first Thanksgiving proclamation by the national government of the United States; in it, he called upon Americans to express their gratitude for the happy conclusion to the country’s war of independence and the successful ratification of the U.S. Constitution. His successors John Adams and James Madison also designated days of thanks during their presidencies.

In 1817, New York became the first of several states to officially adopt an annual Thanksgiving holiday; each celebrated it on a different day, however, and the American South remained largely unfamiliar with the tradition. In 1827, the noted magazine editor and prolific writer Sarah Josepha Hale—author, among countless other things, of the nursery rhyme “Mary Had a Little Lamb”—launched a campaign to establish Thanksgiving as a national holiday. For 36 years, she published numerous editorials and sent scores of letters to governors, senators, presidents and other politicians. Abraham Lincoln finally heeded her request in 1863, at the height of the Civil War, in a proclamation entreating all Americans to ask God to “commend to his tender care all those who have become widows, orphans, mourners or sufferers in the lamentable civil strife” and to “heal the wounds of the nation.” He scheduled Thanksgiving for the final Thursday in November, and it was celebrated on that day every year until 1939, when Franklin D. Roosevelt moved the holiday up a week in an attempt to spur retail sales during the Great Depression. Roosevelt’s plan, known derisively as Franksgiving, was met with passionate opposition, and in 1941 the president reluctantly signed a bill making Thanksgiving the fourth Thursday in November.

THANKSGIVING TRADITIONS

In many American households, the Thanksgiving celebration has much of its original religious significance; it centers on cooking and sharing a bountiful meal with family and friends. Turkey, a Thanksgiving staple so ubiquitous it has become all but synonymous with the holiday, may or may not have been on offer when the Pilgrims hosted the inaugural feast in 1621. Today, however, nearly 90 percent of Americans eat the bird—whether roasted, baked or deep-fried—on Thanksgiving, according to the National Turkey Federation. Other traditional foods include stuffing, mashed potatoes, cranberry sauce and pumpkin pie. Volunteering is a common Thanksgiving Day activity, and communities often hold food drives and host free dinners for the less fortunate.

¿What are you grateful for today?

Cabo San Lucas As destination...

When planning a vacation, one of the main goals is to make the most of your time and get to know the most important places in the city you visit and come back home full of stories and memories. Apart from the contrasting beauties found in Los Cabos, this heavenly destination offers endless fun activities for all the family. 


A walk by Cabo San Lucas Marina is a not-to-be-missed activity on your next visit to Los Cabos.if you’re looking for a truly familiar moment, on Sundays from 7am till 11am the Lázaro Cardenas Avenue turns into a place where tons of families get together to walk, run, ride their bikes, walk their pets or take a Zumba, Dance or Muay Thai class. Come with all your family and enjoy while you boost yourself and get in action. 
More info at their Facebook page: Ciclovía Recreativa Los Cabos.

What a great place to relax, and perfect destination to create great memories, going back home will now have another sense or perception on how wonderful vacation can be, you have not just found a great place to relax but have found your second home.
More info at their Facebook page: http://bit.ly/2eBC2qb.



The Lighthouse more than 100 years old commonly known as El Faro Viejo, “The Old Lighthouse”.  One photo dates back to 1905. The designer and executor of construction of this lighthouse was the engineer Joaquín Gómez Palacios, a native of Madrid, Spain.
Learn more; http://bit.ly/2fQXxZZ

Eat, go out at night, meet great people, fall in love with the Cabo Nature

Dine under the stars at Cabo's premier restaurant featuring fresh local seafood, steak and authentic Mexican cuisine, watch your steak and seafood being prepared in their open air kitchen while enjoying your cesar salad made table side...
After dinner enjoy their famous Banana's flambe änd flaming Mexican coffee, both made table side. Get to know more; http://bit.ly/2fljjAQ


Out at night any place you have decide to go to will always be the right choice, it's fun time, downtown or in a boat you will have as much fun as you can have, Cabo night life is one of the greatest in Mexico, make sure you stop by the Squid Roe http://bit.ly/2eBFKA0 and Cabo Wabo http://bit.ly/1dWKhoZ to know more about your new hometown. 


 Meet great people, fall in love with the Cabo Nature
Here we are Cabo was meant to be, the nature around us is amazing, beatiful, from a to z, all you need to do it's to get here, it's time to make it happen, dont wait for it, begin by creating great memories, the would last forever...

   

Coronado at Quivira Los Cabos

THE NEWEST
RESIDENTIAL COMMUNITY WITHIN QUIVIRA LOS CABOS

Coronado is located right in
the heart of the Quivira Development, it will enable its owners and their
guests to enjoy many of the five-star services and amenities offered by this
spectacular Development
which has: over three miles of pristine beaches, extensive hiking and walking
paths, a beach club and several of the best dining options in Los Cabos area,
award-winning spas and high-tech gym equipment area available.

This magnificent 22-acre
subdivision includes 64 single level Mexican Hacienda-Style homes which
artfully blend tradition with a touch of modern features, each single-level
residence will offer fantastic golf and ocean views. You will find Coronado to
be perfectly suited to your needs.

Get more info; quiviragolfhomes.com

Great Financing Without a bank involved

Without a bank involved, our investors and members earn more by paying less.

We're honored to offer our residents a financing package which is unique throughout all of Mexico. Exclusively at Copala, owners can enjoy direct financing from the Quivira/Pueblo Bonito group. Our packages are offered with15-year terms and very attractive interest rates, and will be custom-tailored to suit your individual needs. Financing is available in U.S. dollars and Mexican pesos, and is customized to accommodate varying down payments, balloon payments, and more. What you can envision, we can create. Our finance experts are available to discuss your specific goals, and will assist you every step of the way to make your Copala dreams a reality.Contact us to schedule an appointment with a finance agent at your convenience.

copalaproperties.com

http://www.flexmls.com/share/cPxM/CopalaLosCabos7ViadeMinasCaboSanLucas

Official Canadian Thanksgiving Holiday

Official Canadian Thanksgiving Holiday

For a few hundred years, Thanksgiving was celebrated in either late October or early November, before it was declared a national holiday in 1879. It was then, that November 6^th was set aside as the official Thanksgiving holiday. But then on January 31^st, 1957, Canadian Parliament announced that on the second Monday in October, Thanksgiving would be "a day of general thanksgiving to almighty God for the bountiful harvest with which Canada has been blessed." Thanksgiving was moved to the second Monday in October because after the World Wars,Remembrance Day (November 11th) and Thanksgiving kept falling in the same week. This year Canadian Thanksgiving is October 10^th!

The 49th Parallel

Another reason for Canadian Thanksgiving arriving earlier than its American counterpart is that Canada is geographically further north than the United States, causing the Canadian harvest season to arrive earlier than the American harvest season. And since Thanksgiving for Canadians is more about giving thanks for the harvest season than the arrival of pilgrims, it makes sense to celebrate the holiday in October. So what are the differences between Canadian and American Thanksgiving, other than the date? Not much! Both Canadians and Americans celebrate Thanksgiving with parades, family gatherings, pumpkin pie and a whole lot of turkey!

Have Your Say

Let us know all about your Thanksgiving plans!