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Loco Gringo Mexico

LocoGringo Mexico gives you local insights, vacation tips and stories from people who live and work in the Riviera Maya and Yucatan Peninsula of Mexico. Our host Kay Walten, will introduce you to people in Mexico who tell of their journey to the Yucatan, their local scoop on the people, the Mexico and Mayan culture, places not to miss on your next vacation, food and more. LocoGringo gives you travel info that you won’t find in a travel guidebook. Discover Mexico for your next vacation on a more intimate level than a typical tourist. As an expat, Kay has been working in vacation and tourism in Mexico since 1992. She is also co-founder of the vacation rental site LocoGringo.com.
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Jun 9, 2017

Rob Kinnon and his wife moved to the Riviera Maya 13 years ago from upstate New York. They have seen Playa del Carmen grow from a sleepy fishing village into what it is today. Rob has extensive real estate experience in the Riviera Maya. He and his wife started Buy Playa to be a representative for and an advocate to buyers, after their first land purchase left them underwhelmed.

During this introductory episode, he answers the most common questions he receives from people looking to buy property in the Riviera Maya.

 

Q. Is it legal for foreigners to own property in Mexico?

A. Yes, but not in the restricted zones.

 

Q. What vehicles are available to me in order to purchase property in the Riviera Maya?

A. Many people open a Mexican Corporation which will hold the title to the property. The most popular way for foreigners to own property in the restricted zone is to own in Fideicomiso (akin to a bank trust). There are no additional risks to having a Fideicomiso.

 

All of the expats in the Riviera Maya were first-time buyers at one point. It can be scary, but not when you have a team of experts on your side.

 

Send Rob your questions directly and he’ll answer them on a future podcast!

 

Use these Resources to Continue Your Journey:

Loco Gringo

Loco Gringo Directory

Loco Gringo on Facebook

Concierge@locogringo.com

Email Kay: Askkay@locogringo.com

@locogringocom on Twitter

@locogringo_mexico on Instagram

Buy Playa

Rob@buyplaya.com

 

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