Thank you for sharing this video and information. I’m trying to get my husband to want to move to Rosarito as well. The only hiccup is that we have a 12 year old daughter and we’re wondering what the school district is like and if the do Militantly VA Loans? If you or anyone has any idea, please share. Thank you and take care.
Be careful: According to Mexican law, foreigners are prohibited from owning land within 31 miles of the coastline or 62 miles from an international border. Hess, like all foreigners, had to enter into a special partnership with a Mexican bank, which gets to hold the title to his property in renewable 50-year trusts.
WHy is that a "be careful" warning?? I own in Mexico within 1/2 mi of the coast and you have a Fideicomiso that YOU OWN, that in turn owns the land. It is NOT a partnership of any type with a Bank. They are Trustees with a Fiduciary responsibility. It is a mechanism to incent Foreign investment. get your facts straight before you warn other people
Not unlike a Land Trust partnership in the USA, it's similar. You own the home but lease the land in (usually) wilderness (state or govt owned land) areas, here it can vary but is usually 99 yr. They most likely also want to control building from foreigners who may not mind building a noisy restaurant next door.
reetings from Tucson, Arizona. I just discovered your channel and subscribed. What part of Baja are you? I saw a beach house in Melage(?) above La Pax I like. I don't want to spend more than $150,000 and would like to find a 'Colonial' casa don't need more than 800-900 sq ft.
EVERY VART.IS MUVING TO MEXICO........GOOD FOR RETIREMENT...IM WHORK.22.YERS IN USA..IM BORING.. IM GO ..3 TIMES..TO. BAJA.END.JALISCO.....BAT..GOOD PLESE.IS ROSARIO BAJACALIFORNIA..TO LIVE....
@@emmacova2203 People who are NOT Mexican citizens cannot own land that is within 31 miles of any coast or within 62 miles of the border. This what they are talking about. mexicolaw.com.mx/2017/07/05/buying-property-in-mexicos-restricted-zone/
No, actually you still must wear them everywhere when you leave home, you better check the MEX govt. The pandemic ain't done until the fat lady sings, babe.
Is this leased land? I really want to buy property in Rosarito and Ensenada but it seems like all the property near the beach is only for leased land.
Wow that sounds too good to be true! Love San Felipe.
Interesting clip thanks
I’d buy that in a hot minute. Find out if they can build high rises in front of you.
How to buy land in mountains in Mexico. ?
Make sure it’s not land leased, it seems to good to be true.
you can buy for what you think is cheap, but the resale will be difficult.
5% annually from rent aint bad for such a nice area, loan will pay for itself
@@user-fi1kn3oq4m airbnb can get you more if you hire a nice indoor deco person to create a marketable aesthetic
@@fr3847 timeshare your own property. Why not?
Thank you for sharing this video and information. I’m trying to get my husband to want to move to Rosarito as well. The only hiccup is that we have a 12 year old daughter and we’re wondering what the school district is like and if the do Militantly VA Loans? If you or anyone has any idea, please share. Thank you and take care.
Be careful:
According to Mexican law, foreigners are prohibited from owning land within 31 miles of the coastline or 62 miles from an international border. Hess, like all foreigners, had to enter into a special partnership with a Mexican bank, which gets to hold the title to his property in renewable 50-year trusts.
WHy is that a "be careful" warning?? I own in Mexico within 1/2 mi of the coast and you have a Fideicomiso that YOU OWN, that in turn owns the land. It is NOT a partnership of any type with a Bank. They are Trustees with a Fiduciary responsibility. It is a mechanism to incent Foreign investment. get your facts straight before you warn other people
@@sm87112 you don't actually own the land buddy lmao
Not unlike a Land Trust partnership in the USA, it's similar. You own the home but lease the land in (usually) wilderness (state or govt owned land) areas, here it can vary but is usually 99 yr. They most likely also want to control building from foreigners who may not mind building a noisy restaurant next door.
It everywhere’s not Cancun all houses less the 50
reetings from Tucson, Arizona.
I just discovered your channel and subscribed.
What part of Baja are you? I saw a beach house in Melage(?) above La Pax I like.
I don't want to spend more than $150,000 and would like to find a 'Colonial' casa don't need more than 800-900 sq ft.
Did you ended up buying a home there ? I’m trying to do the same thing
I’d love to know what city you’re in.
I would be thinking and looking into when and how high the sea level going to raise.
Is it still available ?
Love that view 😎
Price??? Thank you
Good pricing
Any more homes for sale in to the 100K - 200K? Ocean view like on the video? My wife and I are interested.
Owner financing with 50% down? A world of difference from the US Owner Financing. I bet the IR us very high.
“Let’s just keep looking, if it works out it works out” Famous last words of a person who’s dream house got sold out from under them 🤣🤣
That property is SOLD !!!
Probably because Mexico used to own most fo the land like TX California AZ New mexico Oregon yuta NV and many more
I’m liked pacific give me information about house thanks 😊
Nice place in san felipe
How much a 2 bdr house to own by mexican citizens? My husband is American but has right to get the citizenship.
EVERY VART.IS MUVING TO MEXICO........GOOD FOR RETIREMENT...IM WHORK.22.YERS IN USA..IM BORING.. IM GO ..3 TIMES..TO. BAJA.END.JALISCO.....BAT..GOOD PLESE.IS ROSARIO BAJACALIFORNIA..TO LIVE....
Mexico can take home away anytime, add taxes/expense at anytime, and good luck with selling for what you get.
how so?
Why can Mexicans buy homes and land in the US but we can’t buy and own the same there!
This is one of the driest and most unattractive parts of Baja Mexico. And I would never want to live here.
You do not own the land, just FYI.
Not sure what do you mean?
With respect. What you mean
How long does Mexico government lease it to the people?
@@emmacova2203 People who are NOT Mexican citizens cannot own land that is within 31 miles of any coast or within 62 miles of the border. This what they are talking about. mexicolaw.com.mx/2017/07/05/buying-property-in-mexicos-restricted-zone/
you have your information all wrong if you buy a property you own the land and property taxes are very very cheap!! like $50 - $100 a year!!
@@uteruspower1862 as far as I am aware the law has changed
No face diapers. I like it already
No, actually you still must wear them everywhere when you leave home, you better check the MEX govt. The pandemic ain't done until the fat lady sings, babe.
5 MILLIONS.USA.PIPLO.LIVING.IN MEXICO NOW.....IN AJIJIC.JALISCO.IS CREOBLE..HAMANY.PIPLO.LIVE.NOW. THERE...IS THE BEST.CHOIS. ..RELAX..IN WET AUT.AT THE STUPENS LAW.AT USA..