Mexico is Safer than you Think

Why Mexico is Safer than you Think

For many, the media headlines in the USA and Canada reporting drug related violence in Mexico is why many people are questioning if Mexico is safe and secure. Is Mexico dangerous or it is really safe? It may surprise you to know that Mexico is safer than you think. Look below and you will instantly know why Mexico is safer than you think.

Mexico’s Economy is growing at an enviable rate: Mexico’s economy grew substantially in 2010 at 5.5%, because of shred and positive investments, sound government, a low debt for the public and private parties, and foreign companies are investing here. Mexico is currently one of the few in the world’s ‘trillion dollar’ economies. Many other nations are wanting to work with Mexico, because our economy is thriving. You can look up the foreign trade missions in the last few years if you don’t believe this, then you can do a simple Google search. The top representatives of many other countries are wanting some of the pie in Mexico.

No Expat Exodus: When the economy in Mexico wasn’t stable many decades ago, the expats in Mexico would return home, but currently, even with all the violence and drug activity that is taking place, many more expats are relocating to Mexico. The Mexico government is expecting many more expat to relocate in Mexico, because of the benefits with finances are much better. If Mexico was truly unsafe, why would expats relocate here daily?

Most People Remain Totally Unaffected by the Drug-Related Violence: The Mexican government has recently published that the last few years in the country that the homicides that have occurred were committed by gang members killing other gang members. The tourists and visitors along with all expats have not been involved in the drug gang activities, and the majority of the visits by tourists have never been involved in any violence.

Mexico Matters: The South of the United States, Mexico is very important to many other nations. Today, Mexico plays a major role in all the affairs in the world. Mexico shares land with the United States, which is why the gangs and drug lords are trying to take over the trade routes. In the United States, the illegal narcotic markets are providing drugs for anyone who wants them. Mexico and the United States are currently working together to resolve the drug markets.

Mexico’s Underlying Story is Strong and Getting Stronger: Mexico is only getting stronger and the economy is in great shape, even with the drug related violence that is being reported. Mexico is fortunate to have oil and gas reserves that is very substantial along with precious metals and mineral wealth. Visitors from around the world continue to come to Mexico no matter what the media is reporting. Many foreign governments are continuing to trade with Mexico, and expats are living in Mexico and living a normal and wonderful life. Although, the statistics show that Mexico crime and violence is on the rise, it is still much lower and safer than in many of the United States cities.

As you can see, Mexico is safer than you think. You can’t always believe the news. If you are leery of visiting Mexico, you can rest assure and know why Mexico is safer than you think for you and your family.

Villa La Estancia Real Estate in Riviera Nayarit

Villas for Sale in Riviera Nayarit, Mexico

Ever imagined having a luxury home in Nuevo Vallarta, Riviera Nayarit in Mexico? Well your dream can come true if you buy a home at Villa La Estancia Riviera Nayarit. There are 135 maintained colonial-style villas completely updated with modern accessories like stainless steel appliances and gourmet kitchens. Also, there is the option to buy a penthouse, 2-bedroom or 3-bedroom to suit your living needs in Riviera Nayarit, Mexico

Villas for Sale with Home Comforts and luxuries

You are going to love the feel of home you get once you enter the hacienda-style gate that goes up to the front door. Once you enter the door (made of beautifully crafted maple wood), you are greeted with an extravagant living room, a spacious dining room and a spacious entertainment section. Other luxuries include satellite TV with premium channels, climate-control air-conditioning, a washer and dryer, high-speed internet, electronic keys, stocked mini bar and turn-down housekeeping service.

Luxury Features

The double-glazed windows and sliding doors that lead to the terrace or balcony of your home gives you an awe-inspiring view of the Pacific Ocean! All through the house you will find premium marble flooring and maple wood cabinets. Your en-suite bedrooms have a spacious travertine marble shower, a spacious walk-in closet, a whirlpool tub and dual vanities with marble countertops. With all these amenities, it may be hard to step out the door!

  • Two-Bedroom Villas for sale
  • Measuring 2,212 square feet, the two-bedroom villas from Villa La Estancia Riviera Nayarit contain a master bedroom with a large en-suite spa bathroom. The other bedroom has two queen size beds. Another lovely feature of this villa is the massive balcony that makes nature watching a comfortable delight while enjoying the comfort of your home.

  • Three-Bedroom Villas for Sale
  • You’re going to love the three-bedroom villa that comes with two master bedrooms and large spa bathrooms! These 2,790 square feet of luxury have top of the line bedding with cotton linens and your choice of pillow styles so you can get a good night’s rest. On the balcony, you have a top brand grill with a whirlpool spa so you can bathe in the sun all year right in your own backyard!

  • Penthouse Villas for Sale
  • You are going to love this 4,316 square feet of endless beauty! These penthouses are very spacious and have three large bedrooms that provide a wide area of comfort, privacy and quiet for each occupant. The outdoor area is the hallmark of the Villa La Estancia Riviera Nayarit’s penthouses. Your outdoor area includes a roomy terrace with a top brand grill and Jacuzzi so you can enjoy the sights and sounds of the environment.

Villa La Estancia Real Estate Discovery Program
Mortgages in Mexico for Foreigners

Are there Mortgages in Mexico for Foreigners?

Are there mortgages in Mexico for foreigners? Mexico has been a growing market that provides long-term mortgage loans. Although, the long-term mortgages in Mexico are still new when they are compared to Europe, the United States, and in Canada. Foreigners can get a mortgage in Mexico as there are plenty of financing sources, but you should know that the interest rates are higher when you compare them to other countries. Are you eligible to receive a mortgage in Mexico? Continue reading to see the factors that are considered when applying for a mortgage in Mexico.

The Mortgage Industry in Mexico

The mortgage industry in Mexico is on the rise, but compared to the top world economies Mexico mortgages are still behind. For Mexican nationals, the loans are available in pesos with an average 10-12% fixed rate, which of course is much higher than in Europe, the United States, and Canada, but if you are wanting a mortgage in Mexico it’s accessible. The mortgages in Mexico provide the buyer with 90% of the value of the home, so the buyer will only have to pay 10% of the deposit and any fees that is required. The fees are usually 5%, and the mortgage can be paid over the next 20 to 25 years.

Is it Possible for Foreigners to get a Mortgage in Mexico?

It is possible for foreigners to get a mortgage in Mexico, but it isn’t an easy task. Foreigners must possess a permanent residency in Mexico and they must be employed by a Mexican company that pays into the Mexico taxes. The banks will loan foreigners the money to purchase property in Mexico and if you are a permanent resident of Mexico and you can provide income that is foreign, then you also can qualify for a mortgage in Mexico.

Foreigners can also choose a private developer financing, which can be done on a home that is being built.

Foreigners can also draw up a contract, then negotiate an agreement with the seller, so the buyer can pay for the property over time, and this type of mortgage is a short term mortgage loan, but foreigners must be aware that the short term mortgage generally requires a 50% deposit or down payment and any private loan also comes with many risks and the interest rates are very high.

The Minimum Requirements for Foreigners Wanting a Mortgage in Mexico:

  1. Mexican bank statements for the last 6 months
  2. Foreign bank statements for the last 6 months and/or Mexican employment pay slips for the last 6 months
  3. Permanent or temporary residency
  4. A birth certificate
  5. A RFC tax number
  6. A medical report and certificate for eligibility for life insurance
  7. Good credit score in Mexico or good credit score from your own country credit service
  8. Proof or address

There are plenty of mortgages in Mexico for foreigners. Foreigners should look over their options, then proceed with the mortgage that suits their needs and preferences.