Late last year (2001) the Mexican Congress decided to get off their behinds and bring about a badly needed tax reform. Not liking what President Fox proposed, they waited until the very last days of of the year to seriously discuss and pass new laws. Unfortunately, there is general agreement among tax and constitutional attorneys, […]
Continue ReadingLike many a traveller, you’ve come to Puerto Vallarta, let’s say from from Portland, Oregon, looking for an escape from the cold and the office. A little romance in a tropical paradise would be nice too! What you did not expect was to fall in love with the city and its charms: the beaches, the […]
Continue ReadingIn the wake of the tragedy of 11 September, 2001, I was reading as much news as I could get my hands on. I was shocked to read one article that talked about a scam that briefly made the rounds in the US, where the promoters were asking for donations for the victims of New […]
Continue ReadingNote: This article was last updated in 2008. It remains in our archive for historical purposes as a general guide only to Mexican trusts. For current up-to-date information, a competent lawyer or Mexican notary should be consulted. MEXICAN TRUSTS WHAT IS A MEXICAN TRUST? PARTIES TO A MEXICAN TRUST PURPOSES OF MEXICAN TRUSTS WHO CAN […]
Continue ReadingEveryone involved in real estate has heard the adage “Location, Location, Location.” While undoubtedly this saying has a lot of truth to it, no less true is the following: “Taxes, Taxes, Taxes.” Consider as well that when two countries can claim tax jurisdiction over you or your property, things become quite complicated. Real estate is […]
Continue ReadingOur last article discussed the basic importation regulations around foreign plated vehicles. This needed to be addressed as some vehicle seizures were made in Puerto Vallarta, and because a reasonable explanation was not forth coming from the officials there, all kinds of misinterpretations were made regarding customs law. We met with the main Guadalajara customs […]
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In many ways, Porfirio Díaz is an enigma. Although he always gave lip service to democracy, during the thirty-five years that he controlled Mexico (1876 – 1911) he rode rough shod over freedom of speech, controlled the press, exiled dissidents and jailed opponents without trials. His first formal education headed him toward the priesthood but […]
Continue ReadingAs many as 62 indigenous languages are still spoken in Mexico. Most people realize that the national language of Mexico is Spanish and that Mexico is the world’s largest Spanish speaking country. In fact, its population, now numbering 100 million, represents about one-third of all the 330 million or so Spanish speakers in the world. […]
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As vertical shafts go, this is a seriously deep one! Long considered to be “bottomless” since no-one had ever managed to find the floor, we now know it is precisely 335 meters (1099 feet) deep, making it the deepest water-filled sinkhole anywhere on the planet. The El Zacatón sinkhole is on El Rancho Azufrosa, near […]
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Two distinct kinds of pelican thrive in Mexico. Excluding exotic species held captive in zoos, the American White Pelican is North America’s largest flying bird. It grows to about 1.58 meters (5 feet 2 inches) in length, weighing up to 11 kilos (25 pounds), with a wingspan of up to 2.74 meters (9 feet). Its […]
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