sancho - 6-7-2012 at 01:25 PM
This is off the San Felipe site, not sure if this is
news, a proposed change, or someone's interpretation,
I'm not schooled on fm3's
http://katskorner.com.mx/san_felipe/
DENNIS - 6-7-2012 at 01:29 PM
"they are now saying you don’t need an FM3 if you signed a contract or bought a house through a bank trust. According to Yolanda Tafoya of Yet Mail
(this is from Bob Miller who spoke to her) you can cancel your FM-3 and simply get a tourist visa."
--------------------------------
I'll have to see this in something more official. It's difficult to see how any property owner would be considered a tourist.
SFandH - 6-7-2012 at 03:26 PM
Lots of debate about this. Perhaps ask the notario, and the bank official if a fideicomiso is involved, handling the deal. Or just get a FM-3, then
you're covered.
meme - 6-8-2012 at 06:47 AM
Both the notarios & the banks lose money on this--so what do you think they will both tell you?
larryC - 6-8-2012 at 07:06 AM
When I did my fideocomiso in 2008 the notario just wanted me to be in Mexico legally, he said a tourist permit would be fine and he made a copy of it
for the records. I since have gotten my fm2.
Larry
shari - 6-8-2012 at 07:08 AM
I know people who have bought property with a FMM as well...I think it matters if you LIVE here or just visit like a tourist.
meme - 6-8-2012 at 11:16 AM
We bought property here with none of the Fm's. I have no idea where that law is or what sales person demands it that you need one to buy property?
bajagrouper - 6-9-2012 at 03:46 PM
I bought a beach house in Nayarit in 2008 and a ranch near Dolores Hildalgo in 2010 with only an FMM, in fact if you read the last paragraph on the
back of the FMM it states you can buy property.........
[Edited on 6-11-2012 by bajagrouper]