Q: Can I own real estate in Mexico? Is it safe?
A: Yes, today it is safer than ever before for non-Mexicans to own land in Mexico. The key is to have an established and perpetual renewable Mexican property trust called a Fideicomiso (fee-day-coe-me-so), U.S. Title Insurance and U.S. Third Party Escrow.
Q: What is a Fideicomiso?
A: A Fideicomiso allows non-Mexicans real estate ownership through a Mexican property trust, a Fideicomiso. This is a trust agreement, much like an estate trust in the U.S., which gives the Purchaser all of the rights of ownership.
Q: Is title insurance available?
A. Yes. Title insurance is both available and a necessity. Our U.S. Title Insurance policy is with Stewart Title Guaranty, Houston, Texas.
Q: Where is La Paz?
A: La Paz is located between the coastal mountains and the Bay of La Paz, on the Gulf of California. La Paz is the state capital of Baja California Sur (B.C.S.), Mexico and is the economic and political center of Southern Baja. Tourists visit La Paz to enjoy its marine wonders such as diving, snorkeling and kayaking.
Q: What is the population of La Paz?
La Paz has a native population of approximately 250,000 and a growing community of more than 10,000 foreign residents. Residents include primarily Americans, Canadians and European natives.
Q: Where is the nearest airport?
La Paz has a newly remodeled International Airport (LAP) which is served by Alaska Airlines, Aero Mexico, Delta and Aero California. American West is scheduled to open sometime in 2007. La Paz is also a two-hour drive from the Los Cabos International Airport (SJD).
Q: Is shopping available in La Paz?
A: Yes, La Paz offers exceptional shopping services ranging from grocery stories to wonderful, unique boutiques tucked away on the cobblestone streets of La Paz. Fresh meat, fish and poultry are available daily, as is fresh, delicious produce.
Q: Is medical and dental care readily available?
A.: Yes, there are five major hospitals in the La Paz metropolitan area, including a state-of-the-art medical school at the University of Southern Baja. Also, emergency care is available 24 hours a day, seven days a week.
If you have an additional question, just ask! info@PlayadeLaPaz.com