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Author Archives: yucalandia
Update on Aduana Mexico’s Policy on Foreign-Plated Car Permits
March 4, 2013 Update There is a report out of San Miguel Allende (SMA) that the US “Consul”, Edward Clancy, has spoken with the head of Aduana about the current issues of foreign-plated cars in Mexico owned by Americans using … Continue reading
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Proposal to Nationalize Almost Any Vehicle in Mexico
In the ongoing saga of “Nationalizing Almost any Vehicle in Mexico”, here is TioCorp’s latest official reply to requests for help importing vehicles. Key Details: ~ They want a (non-refundable) prepayment of 50% of up-front money just to start the … Continue reading
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Current Aduana Car Import Rules Made Obsolete by INM’s New Residency Categories
There have been tons of rumors, suppositions and misinformation flying around on expat forums and expat blogs about what people think are the current Aduana rules for temporarily imported foreign-plated cars, a.k.a “TIP” (Temporary Import Permit) cars. Here at … Continue reading
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Tax Issues for Americans Living and Working in Mexico – A Redux for 2012
Happy Dead Presidents Day ! In honoring the memories of Mssrs. Lincoln, Jackson, Washington et al, it gets one thinking about who they were, how they were portrayed … and are portrayed on the US currency. Which leads my wandering … Continue reading
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Aduana Proposal to Allow Existing Foreign-Plated “TIP” Cars to be Permanently Imported ?
In the comments on our Importing and Driving a Car in Mexico: A reader, Don Saigle, posted this interesting report based on what he heard at a joint INM / SAT presentation today (2/13/2013): Attended presentation today by INM and … Continue reading
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Temporary Opportunity to Permanently Import a Car Into Mexico
Check out this site for a special temporary program that may help you out with Permanently Importing your vehicle…. Importing During an Amparo . THIS IS A TEMPORARY WINDOW OF OPPORTUNITY for 2 border crossings… Amparos are similar to temporary … Continue reading
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Updated Information on the Higher Liability Limits for Mexican Insurance
Feb. 5, 2013 Update: The underwriters ABA Seguros, ACE Seguros, and GNP Seguros have agreed to honor the new (approximate) $300,000 US Dollars of Liability Limits for Deaths on all currently in-force vehicle policies until expiration, at no additional costs. … Continue reading
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Updated Insurance Auto Coverage Limits for Mexico
The Mexican government made changes to the Labor Law in 2012, which included a clause that increased the government established limits for the value of a human life, in case of accidental death, with the changes taking effect on February … Continue reading
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Advantages & Disadvantages of Residente Permanente and Residente Temporal Immigration Permits for Mexico
Advantages and Disadvantages of Residente Permanente vs. Residente Temporal Immigration Permits for Mexico ~ Residente Permanente offers the ease of a single, one-time application/registration. ~ There is only one payment needed for Residente Permanente vs. 4 years of Temporary Resident … Continue reading
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January 2013 Updates to Immigration Requirements for Getting Residency in Mexico or Immigrating to Mexico
Jan 9, 2013 Updates It appears the log-jam of printing and laminating Residency Cards in DF has been broken with the re-opening of INM offices after the holiday break: Many people from different INM offices across Mexico are now reporting … Continue reading
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1%’ers Get More Bonuses: Increased Annual Income & Bank Regulators Ease Bank Liquidity Requirements
With the New Year, we’ve been looking back at the past to try to come up with some good New Year’s Resolutions. Unfortunately, in retrospective, the realities of the past few economic years do not offer very promising pictures for … Continue reading
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Fideicomisos and FATCA: US – Mexico Agreement on FATCA Reporting Requirements
Tax Planning Time ! Yucalandia reader “Pedro” offered a very helpful reference/comment in our FBAR’s and Fideicomisos: To File or Not to File, That is the Question article. Up to this point, the FATCA reporting requirements for US citizens owning … Continue reading
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IRS Reporting Requirements for Mexico: Fideicomisos / Mexican Land trusts
Tax Planning Time ! Yucalandia reader “John” offered a very helpful comment in our FBAR’s and Fideicomisos: To File or Not to File, That is the Question article. ================================================================== 2013 UPDATE on Fideicomisos New Developments in International Taxation: Possible Fideicomiso … Continue reading
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Recent Updates to Yucalandia
In an effort help our readers find things, we have several small announcements. I finally figured out how to add a table of the Titles of major section at the beginning of long articles. By adding a table of the … Continue reading
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2012 INM Office Closure Holiday Schedule ???
Word on the web is that like other Gob. Offices: INM offices will be closing early for Christmas/New Years holidays. One rumor speculates that they may close mid-week next week for the holidays, re-opening Jan. 8, 2013. I spoke with … Continue reading
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New Documentation Rules for Bringing Children into Mexico
There are new rules for the letter giving permission to bring a child into Mexico without both parents. “Entering Mexico with Children Both the US Customs and Border Patrol (CBP) and the Canadian government advise bringing a notarized letter from … Continue reading
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Mexico’s New Labor Law Approved
Nov. 4, 2015 Updates: The very talented & highly-reliable Chapala lawyer, Lic. Spencer McMullen notes that: “Domestic workers are an exemption in the law, for them IMSS is not mandatory.” and “The law doesn’t distinguish between part time … Continue reading
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Mexican Immigration Questions Answered by Mazatlan INM Office
Immigration Experts and Expats from Mazatlan submitted a block of questions to their local INM office about the new INM rules. Here is a list of the questions and answers, as provided by the much honored & helpful reader/contributor John … Continue reading
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Precedents for Aduana to Restrict Permanent Residents from Keeping TIP Cars
Our full article is at:Precedents for Aduana to Restrict Permanent Residents from Keeping TIP Cars The issue of whether the newly minted Residente Permanente expats will be allowed to keep their foreign-plated cars, is quite a hot potato. …and still … Continue reading
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Who Are the New Baby Boomers ~ Are they Moving to Mexico?
Our full article on Who are the Boomers Moving to Mexico is at: Baby Boomer Demographics, Their Assets, and Their Likely Effects on Mexico Over the years, there have been tons of commentaries by armchair expat experts opining about the … Continue reading
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