Update on “Paper-Only” Permanent Car Imports into Mexico: Import from the comfort of your couch.

August 18, 2013:
Here’s an update on how the latest amparos (similar to a Temporary Restraining Order) are working at the Mexico-USA border to allow us foreigners to legally and permanently import our foreign-plated cars without taking the car to the border, (called “paper-only imports”) .  An open letter on this from Oscar Angulo was posted on Mexconnect.   As with other Yucalandia contributors, Oscar has years of a fine reputation for consistently giving good assistance to Americans and Canadians here in Mexico:

”  By all means I will give you an explanation, as to what are the basics to realize this new manner in which to nationalize cars without taking them to the border.

As you know there are only limited “windows of time.”
In Article 101 of the customs law one can find the stipulation for making a pedimento “A3.”
And in regulation 2.5.1 is found the procedure of how to realize this nationalization, there it tells you that you have to present the auto at the border or port of entry.
And is against which we entered an “Amparo” (temporary restraining order entered by a judge) against this regulation, in place of the regulation we can realize the pedimento without the necessity of presenting the vehicle.
The procedure is very simple. One must send photos of the auto in a Pemex or in front of an Oxxo, in order to demonstrate precisely that the auto is in México and is not detained or in a foreign country.
One must send the title of ownership.
-copy of identification
-copy of a comprobante of domicile (electric bill in name of owner, eg.)
-put down a code or application number that is assigned.
-and as is logical, send a deposit of the total of the cost.
The process takes three work days and the original document are sent by a messanger service.
So, it is per another “Amparo,” which presents the present “window of time.” Apparently, most gringos think the nationalization of cars is a simple, stable, and direct process. However, the whole process is sort of “held together with Scotch tape and ping pong balls.” Remember when I announced that nationalization was suspended, and people hee-hawed me. It was suspended because several “Amparos” had expired. At that time, fortunately, the agents were able to get those “Amparos” re-instated, but there was no guarantee…..AND THERE NEVER IS…..so the whole process is sort of fragile. Of course, if the Mexican automobile industry had its preference, Residentes Permanentes would be obligated to buy Mexican cars……I know NAFTA, but, and this is hard to accept, “SO What!”
So, at the present time one can take care of the “window of opportunity” created by the Amparo (temporary restraining order) against having to present the car at the border. Who knows how long this will last….maybe a long time, or maybe the “window of time” will suddenly slam shut!
Sincerely,
Tom C. Whitmore

Original from Óscar:
Hola mi querido amigo Tom.
Claro que si, te doy una definicion, en que se estan fundamentando para
la realizacion de esta nueva modalidad de hacer carros sin traer a la frontera.
Como sabras solo son “ventanas de tiempo” .
En el articulo 101 de la ley aduanera podran encontrar lo estipulada para hacer un pedimento “A3″.
Y en la regla 2.5.1 Viene el procediemiento, de como realizar esta nacionalizacion,
ahi te menciona que tienes que presentar el auto en la frontera o puerto de entrada.
Y es en donde entramos nosotros con un “Amparo” a esta regla. en vez de traerlo
podemos realizar el pedimento sin necesidad de presentar el vehiculo.
EL procedieminto es muy simple. HaY que mandarme fotos del auto en un pemex o en un oxxo, para demostrar que efectivamente el auto esta en Mexico y no se encuentra detenido o en el extranjero.
Mandar copia del titulo de propiedad.
-copia de identificacion.
-copia de comprobante de domicilio.
-poner un codigo que se asigna.
– y logico hacer el deposito en su totalidad del costo.
El tramite tarda 3 dias habiles y se envian documentos originales por paqueteria.
Esperando te encuentres en perfecto estado de salud y quedo a tus apreciables ordenes.. Un fuerte Abrazo.

LIC. Oscar Fco. Angulo. *PRICES SUBJECT TO CHANGEAnCo Comercializadora.
Tel 631-31-52571
Nex. 62*259663*2
Cel Mex 045 6311201015.
Cel Usa 520 988 5060 “

http://www.mexconnect.com/cgi-bin/forums/gforum.cgi?post=201435;sb=post_latest_reply;so=ASC;forum_view=forum_view_collapsed;;page=unread#unread

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Disclaimer: This information is not meant as legal advice. It is for educational and informational purposes only.  See a qualified professional for advice on important issues.

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Update on SAT’s On-line Mexican Income Tax Filing Website System

August 13, 2013:
Here’s another Public Service Announcement for people who pay their own Mexican income taxes (not withheld by an employer) or submit IVA taxes to SAT.   Lic. Spencer McMullen offers the following updates:

“Pay your taxes now to SAT or lose big”

People (inc. small business owners, independent professionals, and the self-employed) under the REPECO scheme used to file and pay their taxes bimonthly with their State Tax Collectors offices.    Now, with the Jan. 2014 tax reforms, people need to file bimonthly tax returns with SAT using the SAT web site.   The SAT website is now working, 1 filing deadline has passed, and 1 deadline is looming.  … Continue reading at Update on SAT’s On-line Mexican Income Tax & IVA Tax Filing
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Full details and translations can be found at: Update on SAT’s On-line Mexican Income Tax & IVA Tax Filing

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Please Continue to Make Comments and Replies to Help Keep This Information Current!
Disclaimer: This information is not meant as legal advice. It is for educational and informational purposes only.  See a qualified professional for advice on important issues.

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Real Estate Appraisals in Mexico: Catastral, Taxes, Capital Gains & Notarios

August 12, 2014:
Mexican Lawyer Lic. Spencer McMullen has been busy again, offering yet more good insights into how real estate law, property law, and tax laws work in Mexico. Here is his latest report on key issues that affect most of us foreigners living and visiting Mexico:

Real Estate Appraisals in Mexico.
Here in Mexico we have three types of real estate appraisals:   Tax (Catastral),  Bank (Bancaria) and  Commercial (Comercial).   When choosing an appraiser, remember that all appraisers must be licensed.    Most are engineers or architects who have postgraduate courses and state licenses and are also “peritos” or experts in real estate.

TAX (CATASTRAL) APPRAISALS
The Tax / Catastral appraisal is used to calculate transfer real estate taxes and fees, as well as notary fees. In years past Notarios used this value as the sales price listed on the deed, instead of the real sales price that the buyer paid to the seller.

This approach had certain consequences when the listed value was low, allowing the buyer to pay smaller closing costs and less in ongoing property taxes.   After the Feb. 2010 ISR tax law changes, . . .
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Full details and translations can be found in the Main Article (see Header):
Real Estate Property Appraisals in Mexico: Catastral, Taxes, Capital Gains & Notarios

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Capital Gains Taxes on Selling Mexican Real Estate 2014 Update

August 1, 2014 Update:
The original version of this article was written in 2010 to describe the huge changes in Mexican tax law (aka ISR). There have been yet more substantive changes to the ISR (Mexican tax code/law) since then that are worth noting. The good attorney Lic. Spencer McMullen has publicly posted his latest understandings of the taxes owed on selling a property in Mexico. As always, we offer the clear disclaimer that we are not tax authorities, nor legal authorities, nor accounting authorities, so the information we offer is quoted from other sources we have found to be reliable. As always, the insights offered here on Yucalandia are based upon actual experiences of the experts and their specific local legal workings. Since the laws and rules change, and there are also local variations in how the rules are applied: Final decisions on real estate sale tax matters are up to YOUR individual Notario. Find a good Notario and consult with them. Having said all this, here are Lic. McMullen’s current July 2014 insights:

Sellers can currently exempt gains up to the amount of “700,000 UDIs” which is roughly $3,500,000 pesos**, as long as the seller is a citizen or has a residente temporal or residente permanente. The building and property must also be your primary home (see the legal definitons and requirements below on how to qualify a property as being your primary home – principle center of fiscal activities). Further, you can only use the exemption once every 5 years, and your land area must not exceed more than 3 times your building footprint, (“among other things”).

That leaves a question: Are you also required to pay the 16% IVA on the agent’s commission? …. Lic. McMullen replies:

“Yes you pay the IVA 16% sales tax on services, not just goods. This is something foreigners don´t understand, as they are used to paying sales tax on the sale of goods only and not professional services. You pay the sales tax of 16% and they (later) pay income tax on their earnings. This is like purchasing a car in the USA, you pay sales tax and the dealer still pays income tax on their profit. “

Makes sense?

**Curious readers who want to calculate the current official UDI-Peso value can go to:  http://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadro&idCuadro=CP150&sector=8&locale=es

Original Article: Mexico’s tax code on property taxes just changed dramatically in February 2010, nullifying most internet advice given before February. This article addresses some of the current tax requirements and rules, and also addresses the some of the possible tax differences between FMT/FMM & FM3 or FM2…

There is a lot of outdated information on the internet about how to save on a future Capital Gains taxes when you sell your property. This advice may have worked before Feb. 2010, but the rules have changed:   … dramatically raising the bar . . .
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Full details and translations can be found in the Main Article (see Header):
Capital Gains Taxes on Mexican Properties
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Consulate Requirements for Residente Permanente or Temporal Card Lost Abroad

July 30, 2014

This article lists the official INM requirements for applying for a temporary entrance visa at a Mexican Consulate (to return to Mexico legally), in case of a lost, stolen, or destroyed Residente Permanente card or Residente Temporal card while traveling outside Mexico.

If you lose your INM residency card whlie traveling abroad, do NOT try to enter Mexico under a “tourist”/Visitante/FMM – because INM can cancel your current temporary or permanent and charge you with visa fraud (trying to have 2 permits at the same time). Instead, go to a Mexican Consulate first, and give them: a copy of a police report (reporting the stolen card/wallet), ID photos & passport. Also plan to pay of a small fee.

We are presenting this as the original Spanish language Nov. 8, 2012 INM Lineamientos official DOF publication,  for people to print-out to give to the Mexican Consulates.  Original Chapter 4 of the Lineamientos can be found at:  http://dof.gob.mx/nota_detalle.php?codigo=5276966&fecha=08/11/2012

Capítulo IV
DE OTROS TRAMITES
Trámite 12
Expedición de visa por robo, extravío o destrucción de tarjeta que
acredita condición de estancia.
Caso en el que se presenta:
Aplicable a personas extranjeras que sufren en el exterior el robo,extravío o destrucción de la tarjeta de visitante o de residente queacredita su condición de estancia.
Fundamento jurídico:
Artículo 110 del Reglamento.
Presentación:
Formato de solicitud de visa ante la oficina consular.
Lugar donde se presenta:
Oficinas consulares de México.
Monto de los derechos:
El previsto en el artículo 22 de la Ley Federal de Derechos por laexpedición de la visa.
Las oficinas consulares cobrarán los derechos en la moneda extranjeraque autorice la Secretaría de Hacienda y Crédito Público.
Plazo máximo para resolverel trámite:
10 días hábiles.
Vigencia máxima de la visa:
30 días.
Entradas permitidas:
Una.
Excepciones al artículo 15-A
de la Ley Federal de
Procedimiento
Administrativo:
Los señalados en las fracciones I y III del apartado de requisitos.
Requisitos:
I.     Pasaporte o documento de identidad y viaje válido y vigente, en original y copia.
II.     Una fotografía con el rostro visible y sin anteojos, a color, tamaño pasaporte, cuyas medidas deberánser como mínimo de 32.0 milímetros x 26 milímetros y como máximo de 39.0 milímetros x 31.0milímetros, con fondo blanco y de frente.
III.    Original y copia de acta levantada ante la autoridad competente del lugar en el que ocurrió el robo,extravío o destrucción de la tarjeta que acredita su condición de estancia. De manera excepcional ysólo en el caso de que no sea posible levantar el acta ante la policía porque el país en el que seencuentra no la otorgue, original de un escrito donde, bajo protesta de decir verdad, declare haberlaextraviado o que le fue robada o destruida.
IV.   Original de la tarjeta que acredita su condición de estancia, en caso de destrucción parcial.
V.    Pago de derechos por la expedición de visa de conformidad con lo establecido en la Ley Federal deDerechos.
Criterios de Expedición:
-      La oficina consular deberá consultar en un plazo máximo de 2 días hábiles al Instituto, a partir de quela persona extranjera presente la solicitud, sobre la procedencia y términos en los que se deberáexpedir la visa.
-      El Instituto deberá dar respuesta en un plazo máximo de 5 días hábiles. En caso de ser procedente,deberá contener la siguiente información:
a.     Nombre de Extranjero;
b.     Nacionalidad;
c.     Información del tipo de residencia en México, y
d.     Instrucción explicita en la que señale la condición de estancia, la vigencia de ésta y laautorización a la oficina consular para que se emita la visa.
-      La oficina consular emitirá la visa que corresponda, en un plazo no mayor a 3 días hábiles.
Información importante para el usuario:
-      En los lugares destinados al tránsito internacional de personas por tierra, mar y aire, la personaextranjera deberá presentar el pasaporte o documento de identidad y viaje con visa, y entregar a laautoridad migratoria la FMM debidamente llenada.
-      Las personas extranjeras están obligadas a proporcionar la información y los datos personales queles sean solicitados por la autoridad competente en el ámbito de sus atribuciones.
-      La visa podrá ser utilizada exclusivamente durante el periodo de vigencia, que inicia con la fecha desu expedición y por el número de entradas indicadas.
-      La persona extranjera deberá tramitar dentro de los siguientes 30 días naturales contados a partir desu ingreso al territorio nacional, la reposición de la tarjeta que acredite su condición de estancia y lepermita permanecer en territorio nacional.
-      Los derechos que genere la reposición de la tarjeta que acredite su condición de estancia, secubrirán directamente ante el Instituto.
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Disclaimer: Note that all of this information is for educational and entertainment purposes only, it is not meant as legal advice. Please see a competent professional for all important INM questions, or contact INM or your local Mexican Consulate  to find out their current policies.

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Prohibited Items for Importation by Shipping into Mexico

July 29, 2014
Estafeta, a good common carrier in Mexico, lists the following items prohibited for shipping by common carrier into Mexico, and this post also contains a separate list of items prohibited for shipping within Mexico:

“Artículos prohibidos para importación
Armas en general y accesorios, productos inflamables, tóxicos o peligrosos. Todo tipo de alimentos frescos, semillas, medicamentos, suplementos alimenticios, vitaminas. Instrumentos médicos de cualquier tipo como: medidores de presión, masajeadores, material pornográfico. Algunos artículos cosméticos con ingredientes farmacológicos. Ropa y calzado usado, artículos de piel en general. Algunos accesorios para bebé como biberones, pañales, mordederas. Llantas usadas y nuevas. Artículos de madera en general, tintas y tóners líquidos, velas, ceras, globos, cigarros electrónicos y accesorios. Equipo para gotcha o paint ball y accesorios. CD´s o DVD no grabados (vírgenes), etc.

Nota:
Si tu artículo no se encuentra en esta lista parcial o tienes alguna duda, contacta al área de informes merkalink.com para aclarar tus dudas o preguntas. informes@merkalink.com

Restricciones en la Transportación de Productos en México
Artículos Prohibidos: Bebidas alcohólicas, artículos perecederos y de fácil descomposición, pieles y cueros de animales, mercancía falsificada denominada como “pirata”. Armas de fuego, muestras para laboratorio (tóxicas, peligrosas o de manejo especial), animales (vivos o muertos), refacciones con residuos líquidos, artículos de valor extraordinario y piedras preciosas, dinero o monedas, metales, títulos de crédito negociables, plantas (naturales), líquidos, material pornográfico, cualquier tipo de armas blancas, vidrio (en cualquiera de sus presentaciones) y sustancias psicotrópicas (precursores químicos y químicos básicos), artículos con lasser, CD´s o DVD no grabados (vírgenes).

Están excluidos también los materiales restringidos por la IATA: Explosivos, gases comprimidos, líquidos inflamables, sólidos inflamables, objetos magnéticos, materiales oxidantes, objetos radioactivos, artículos tóxicos, materiales irritantes, sustancias infecciosas y/o artículos que puedan dañar la estructura de la aeronave y aquellos que posean otras características inherentes a las arriba enlistadas.

Las llantas nuevas requieren cumplir con Normas Oficiales que incluyen análisis de laboratorio.

Nota:
Recuerda que ésta es una lista parcial, para más información enviar un correo electrónico a:  informes@merkalink.com con el link del producto específico que deseas importar.


 

Impuestos

Corresponde al impuesto que pagas dependiendo la categoría del producto a importar.

Categoría del Producto Impuestos
Libros y documentación 0%
Electrónicos, ropa, calzado y demás mercancías 16%
Revistas y catálogos 16%

Nota:
Cuando los artículos no tienen el país de origen, se toma automáticamente como hecho o fabricado en China. “

http://www.merkalink.com/importacion.asp#prohibidos

We (Yucalandia) note that Aduana also includes greases as being prohibited for importation.

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Disclaimer: Note that all of this information is for educational and entertainment purposes only, it is not meant as legal advice. Please see a competent professional for all important tax and importing questions, or contact Aduana to find out their current policies.

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How to Move Money from the USA to Mexico: Checks, Wire Transfers, ATMs

July 15, 2014
Cashing US checks at Mexican banks, transferring money into Mexico, and avoiding big ATM fees has definitely become more difficult since the US Govt’s July 1 FATCA new rule additions. Some banks and financial institutions are now saying there are additional new US govt. rule changes coming in August, which has left some bank’s check cashing and transfer policies in limbo until they deal the with rule changes and figure out their costs and consequences, but there are still many good options.  This post attempts to summarize the current common options for moving money from the USA to Mexico.

Since some bank’s policies are temporarily in flux, and others are on hold, we’re waiting until any August rule changes to finally settle in,  creating new long-term bank policies, before we write a full summary article on what’s available, but here’s a snapshot of people’s first-hand reports of their July 2014 experiences with their banks.

ATMs are still a good option for getting cash out in Mexico (see details below). Readers should note that there have been sporadic problems with ATMs being modified by thieves installing skimmers, so here’s a link to an article on stopping this kind of information theft at ATMs – see about halfway down: http://yucalandia.com/answers-to-common-questions/banking-currency-exchanges-using-credit-cards-atms-in-mexico/

Wells Fargo’s Express Send service is still wiring money from the USA to Mexico. Account holders can send up to $1,500 U.S. per day to certain Mexican banks for $5 USD. One poster described using BBVA Bancomer here to receive the wire. They said there is no charge for receiving if you have an account which can be opened with a $2,000 pesos min. balance/no fee. This process takes 2 days.

In no particular order: Bancomer is still cashing foreign checks for account holders. Intercam currently accepts personal checks from the USA, but some branches are saying they will stop cashing them in August. Actinver is saying they will no longer deposit checks from the USA. Merrill Lynch transfers money for free, if you have enough on deposit with them. Citibank US accounts can transfer $$ for free to MEXICAN Banamex accounts (– but who knows how long that will last… as Banamex goes through regulatory scrutiny and prosecutions: where the Banamex-USA has closed most accounts of US citizens living in Mexico). We can open an HSBC bank account in the US or Canada, and one in Mexico, and then link the accounts and make free transfers between accounts between countries if we deposit enough. The HSBC transferred money appears instantly. XE.com does exchanges from US accounts and transfers within 4 days, but you have to open the XE account from the USA. Capital One 360 debit card has no fees and allows free withdrawals at Banorte ATMs – up to $3,000 pesos a day. Monex still has its fans where you can wire money from any US bank to Monex, and then withdraw funds from Monex Mexico offices. Also note that the information I listed here has eccentric twists like: one way to get around Capital One 360/Banorte’s $3,000 peso a day withdrawal, MultiVa allows withdrawals up to $10,000 pesos a day for about $2 -$3 in fees. Also note that if you have a MultiVa account, then you can currently deposit US checks here in Mexico with them.

**** Be aware that if you start pulling lots of cash from Mexican ATMS, and then making cash deposits to a Mexican account, it creates an electronic “paper” trail that Hacienda/SAT tracks. The good lawyer Spencer McMullen reports that Hacienda then requires the expats (or Mexicans) “to explain why the deposits are not income”. Hacienda/SAT only gives us a short time frame to explain why its not income, or we face taxes, fines and penalties. ****

More news updates next month, when the next round of changes shakes out,
steve

****

Disclaimer: Note that all of this information is for educational and entertainment purposes only, it is not meant as financial advice.   Please see a competent professional for all important tax and investment questions, and contact your financial institution to find out their current policies.

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