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Subject:
Americans property purchases in Mexico
Category: Miscellaneous Asked by: ddalvarez-ga List Price: $100.00 |
Posted:
21 Jun 2006 15:13 PDT
Expires: 03 Jul 2006 09:55 PDT Question ID: 740054 |
I am looking for how many Americans purchased property (both directly and created a trust/fideicomiso) in Mexico in 2005 and 2004 and what how much did they collectively pay each year? The last part could also be phrased, what was the total American consumer investement in residential real estate in 2004 or 2005? I?m aware of some estimates that state there are 100,000 retirees moving to Mexico per month. I?m also aware of a few articles that state that 2,500 Americans are purchasing property in Baja per month. Unfortunately neither of these paints a clear picture of the total property ownership and value of the properties. I think that the best figures are available in the Mexican Institute of National Migration (http://www.inami.gob.mx/pagina_ingles/principal-ingles.asp) but this is as far as I?ve been able to get. I need to be able to cite any answers and the sources must be more than a reference to "Mitch Creekmore states 1.5 million American's have purchased second homes in Mexico" Thanks! |
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