Buying Property in Valladolid Yucatan, Frequently Asked Questions
As a Real Estate Agency working with foreigners in the beautiful Valladolid Yucatan, we often have to answer our clients questions about moving to Mexico, purchasing property in Mexico and immigration matters.
We decided to write this post to share some of the most frequently asked questions, knowing that there are many other foreigners looking for a home in the Yucatan.
Do I have to get a visa to live in Mexico?
Well, it depends on how long you are planning to stay. Many foreigners purchase a home in Valladolid but spend long periods of time back home. These “snowbirds” can stay as long as 180 days (6 months) on a Tourist visa, and then either go back home or leave the country and re-enter to get another tourist visa for another 180 days.
If you are planning to live permanently in Mexico, then you need to get a Temporary or Permanent resident visa card. If you are planning to get a visa, it is important to contact your local Mexican consulate or embassy before moving.
Can I own property in Mexico?
Yes, Owning property in Mexico is an option for foreigners! Buying a Property in Valladolid is even easier, as you do not need a Fideicomiso or Mexican Corporation to buy Real Estate. As a foreigner buying, you only need to file a permit with the External Affairs Department (Secretaria de Relaciones Exteriores).
What are the advantages of living in Valladolid Yucatan?
There are many advantages to chosing a small town like Valladolid: the low cost of living, the safety and its close distance to both the Riviera Maya, Cancun and Merida. It is a quiet and little town, but it has many services available: shops, hospitals, movie theaters, etc.
Valladolid is ideal for those looking for a quiet haven to call home; but close enough to drive to the beach, or go for a night in the city. The expat community has been growing steadily, as well as the options for entertainment and fine dining.
Another cool thing about Valladolid, is that you can get on a direct flight to Cancun from almost any main city in North America and Europe. Driving in the Yucatan is safe, and you can take taxis, buses or uber to almost any destination you want.
Is Valladolid safe?
Yucatan is the second safest state in Mexico, and some analysis compare their safety level to developed countries. While the citizens in Mexico feel high insecurity levels, Yucatan remains a safe place where common sense is enough to keep you away from trouble.
Valladolid is a gem; where people still leave their doors open during the day, and walk around the city at night without fear. We lived in one of the busiest streets in town and left our car unlocked for 6 months due to a broken central locking system, left a wallet inside, a phone… nothing ever happened.
Locals feel proud of the safety, family values and sense of community that everybody can experience here. And they are right!
Graph published by the State government comparing the levels of safety of Yucatan with those for Iceland, Denmark and Austria.
SO… Buying Property in Valladolid Yucatan, Frequently Asked Questions
Finding the right property in Valladolid is easy. Stop dreaming of owning Real Estate in Mexico and make it a reality!