Originally posted by bajagrouper
Besides a passport, and money all you need to buy a house,condo or timeshare in Mexico is to be in the country legally and an FMM serves that
purpose...
Quote: | Originally posted by morgaine7
There are official laws and regulations, but they're buried in long documents of Spanish legalese like the Ley General de Población, etc. My
understanding:
FMM only: Short-term visits, less than 180 days, for various purposes (business, study, tourism, and more)
FM3: Long-term visits, more than 180 days, for various purposes
FM2: Residence
Inmigrado: Permanent residence
Like Bajagrouper, I bought my property while here on an FMT, which was accepted by the SRE and the notario. The FMT number is even entered in my
fideicomiso, I believe to show that I was legally in the country when I signed the contract. Before moving here, I got an FM3 and now have an
FM2. I do strongly agree with DK that if you're living here even part time, it's best to have an FM3/FM2. You normally need it to open a bank account,
get a driver's license, and do other residence-type transactions. And now that it's a card, it's a very handy wallet-sized photo ID in Spanish that
anyone can read.
Kate
PS - The FM2 card says (in Spanish and English) "The owner of this document is a resident in Mexico". As I recall, the FM3 card says "...
temporary resident ..." or something to that effect.
[Edited on 1-9-2011 by morgaine7] | |