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Author: Subject: FM3 Question??? Benefits???
bajaguy
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[*] posted on 8-9-2009 at 11:36 AM


If you are renting a place, go their repeatedly and leave anything (property) there, you are no longer a "tourist". Apply for an FM-3..........see the posts above

[Edited on 8-9-2009 by bajaguy]




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squid
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[*] posted on 8-9-2009 at 11:46 AM


Quote:
Originally posted by bajagrouper
Originally posted by squid
well, too many smart a... here ! They do have a fideicomiso !!!!!!!!!!!!
They got it through a bank - no other way!
BUT nobody can get a bankaccount OR A FIDEICOMISO without FM-3.
Gringos always know everything better about mexico than Mexicans.
No more posts from me on this thread. Period.

Hi squidly, just to let you know last week some banking rules changed, you do not need an FM3 to open an account anymore, as a matter of fact I could walk into my local Citibank in the USA and open a checking or savings account at a Banamex anywhere in Mexico through their Global Services for expats division...how bout that...maybe you could change your nickname to
MISS INFOMATION !!!


Hey fishhead (grouper) you are just not smart enough to catch the point.
I stated that without FM-3 you cannot open a bank account in Baja. I DID NOT REFER TO CITYBANK INSIDE THE US AND THEIR GLOBAL SERVICES AND POSSIBLE RECENT CHANGES !!!
Who can read has a clear advantage , old fark.
And those hwo understand the point are better of than any dummy.
:lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:
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grace59
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[*] posted on 8-9-2009 at 11:56 AM


I'm beginning to see that things are different depending on where you apply for the FM3. I've seen some people who stated that they needed the marriage certificate, we were told that to apply at the consulate here in Seattle we would need a police background check and several other things. We finally decided that since we would have to register our FM3s with immigration in San Felipe that we would just apply for them there....in order to get the FM3 we first needed to get a bank account in a Mexican bank. It wasn't difficult to get our FM3 so I'm glad that we have it and have the knowledge that we are legal to reside there in the house that we are building. Thanks for all the conversation here.



Whenever I hear that rainy, chill wind blow. I think it may be time to head for Mexico. Tengo que obedecer mi corazon!
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squid
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[*] posted on 8-9-2009 at 12:08 PM


some guys here are just talking BS as they bought a property in Padre Kino or elsewhere.
Padre Kino is just a couple of years ago taken into the 50Km zone.
On the mainlamd - not inside the 50 KM zone - you can certainly own any property free and clear w/o fido.
We are talkin Baja!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And Baja is inside the 50Km zone all over the place
Any MX bank is selling you a fido > if you need one or not < you just need to be stupid enough to pay for it.

And again for those who still are not catching the piont: Any law is interpreted differently in La Paz or in Tijuana or any place inbetween.

To all those smartasses here: What are you doing with a written law you are showing to an official to get something done ( no matter in which institution or case) and the official is telling you: "No that is different. You misunderstood the meaning of our Mexican law?" He just does not want to go your route!
Yea, what are you doing ... Sm.. A..?
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squid
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[*] posted on 8-9-2009 at 12:15 PM


Quote:
Originally posted by grace59
I'm beginning to see that things are different depending on where you apply for the FM3. I've seen some people who stated that they needed the marriage certificate, we were told that to apply at the consulate here in Seattle we would need a police background check and several other things. We finally decided that since we would have to register our FM3s with immigration in San Felipe that we would just apply for them there....in order to get the FM3 we first needed to get a bank account in a Mexican bank. It wasn't difficult to get our FM3 so I'm glad that we have it and have the knowledge that we are legal to reside there in the house that we are building. Thanks for all the conversation here.


Hi grace 59..... you are on the right track by stating the fact: Things (laws) are different in any place in Mexico (and even more inside the US at the embassys). It just depends on the guy (official) you are talking to and - of course - his mood at that very moment.
Come to any Mexican official and show him the law which you got from the web, and tell him what he has to do according to the law and your oppinion >>> You are done!
You made the point!:bounce::bounce::bounce::bounce:
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bajaguy
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[*] posted on 8-9-2009 at 12:45 PM


Grace...as you have found out, nothing is what it seems....kind of like Alice in Wonderland.

Best advice......talk to people where you are and do what they did right, and don't do what they did wrong.

I can give you the advice for getting the FM-3 at the Mexican Consulate in San Diego, and regestering in Ensenada, but it will be different in San Felipe.........

Also look into getting a local "agent' to do your registration and renewals...........they have the system "greased"




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jannyk
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[*] posted on 8-9-2009 at 12:51 PM


Padre Kino??? Where's that??

I said Bahia Kino, and unless they've moved the Mar de Cortez recently, it sits where it always sat - Beachfront - thus Fideo reguired!!

The other property we owned and sold was in San Jose Del Cabo - which, when I last checked, is in BAJA!

Quote:
Originally posted by squid
some guys here are just talking BS as they bought a property in Padre Kino or elsewhere.
Padre Kino is just a couple of years ago taken into the 50Km zone.
On the mainlamd - not inside the 50 KM zone - you can certainly own any property free and clear w/o fido.
We are talkin Baja!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And Baja is inside the 50Km zone all over the place
Any MX bank is selling you a fido > if you need one or not < you just need to be stupid enough to pay for it.

And again for those who still are not catching the piont: Any law is interpreted differently in La Paz or in Tijuana or any place inbetween.

To all those smartasses here: What are you doing with a written law you are showing to an official to get something done ( no matter in which institution or case) and the official is telling you: "No that is different. You misunderstood the meaning of our Mexican law?" He just does not want to go your route!
Yea, what are you doing ... Sm.. A..?
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jannyk
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[*] posted on 8-9-2009 at 01:06 PM


Logical Dave, and I wish it were true, because we'd be living in Canada if it was?

We are US residents and own property in British Columbia. We used to own an apartment in Paris. My sister owns a condo In Florida (she's lives at home in the UK).

In none of these situations did we become anything but tourists and are issued the same tourist entry 'stamps' as everyone else. Being property owners and even mortgage holders in a foreign country did not change our 'status' one bit in those countries.

I wish Canada did have an FM equivalent, as currently we can only be at our home there for a max of 6 months out of any 12.

Quote:
Originally posted by David K
I sure wonder how you can call a "tourist" (fm-t) also a property owner!

Tourists are people on a vacation... Is it really that hard to understand?
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Santiago
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[*] posted on 8-9-2009 at 01:56 PM


Quote:
Originally posted by bajaguy
To get an FM-3, you have to show proof of residence in your name with an address...a phone bill, a water bill, a rent receipt or a contract to purchase......when you get "issued" the FM-3, you then have to "register" it with Immigrationin the Immigration "jurisdiction" where you will be living or have your property.

So, it seems that you can "buy" and sign documents for property on an FM-T which shows that you are in the country legally at that time (as a tourist), but should have an F-3 after you sign those docments and have a "residence" or property in Mexico........


This was my experience exactly. I could not get the FM-3 without first having signed a lease; it was a requirement from the Sacramento Mexican Consulate. While I had the sense of mind to keep my mouth shut, I did think at the time: "I wonder what the grace period is?" YMMV

By the way - when I got my renewel this year for my FM-3, my US passport came back with a 4"X3" plastic colored stamp from Imigracion that is a copy of my FM-3 booklet; photo and everthing. It seems to me I only need to have the US Passport now. Anyone else have this?

Why risk an asset of $200,000USD or so to save $100 annually? The way I look at it, Imigracion is not gonna give me any grief because I have an FM-3 but they might if I don't. Whether or not Grouper is legally correct, it seems to me to be penny-wise/pound foolish.

edit four speling mistakes

[Edited on 8-9-2009 by Santiago]
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bajaguy
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[*] posted on 8-9-2009 at 02:13 PM


Quote:
Originally posted by Santiago

By the way - when I got my renewel this year for my FM-3, my US passport came back with a 4"X3" plastic colored stamp from Imigracion that is a copy of my FM-3 booklet; photo and everthing. It seems to me I only need to have the US Passport now. Anyone else have this?







Santiao:....we have the colored "stamp"....it is the Visa. ours was placed in our passports by the Mexican Consulate when the FM-3 was issued.

Still have to carry the green booklet as it has your renewals and address in it




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squid
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[*] posted on 8-9-2009 at 02:58 PM


Quote:
Quote:
Originally posted by jannyk
Padre Kino??? Where's that??

I said Bahia Kino, and unless they've moved the Mar de Cortez recently, it sits where it always sat - Beachfront - thus Fideo reguired!!

The other property we owned and sold was in San Jose Del Cabo - which, when I last checked, is in BAJA!




Now you are stepping into the direction I wanted you to go, by confirming what I said from the beginning.
Thanks for it. But you are still not catching the basics.

O.K., for you slow thinkers:
You went into your bank
You applied for a fido
You paid for a fido
You got your fido
without an FM-3 or 2

So far so good.

But does that say anything else than : The banker sold you a fido?

Did you ask the INM if you are doing correct?
I bet not. Because otherwise you would shut up here completely as the INM at least would or could have fined you some big $$$$$$ converted to MXP or confiscating your property as you are not alowed to own a property in the 50Km zone without FM-3 just on a tourist Visa. Period.
Read David K's post and others and learn

But again, you are confirming what I said from the beginning: The law is different (has a different interpretation) in La Paz than in TJ or Los Cabos or Kino.

But this is not even so much about the law.
You got something and you paid for it. Period.
The banker doesn't / didn't care if that is lawful. That is up to you to know.
(But you don't. Otherwise you wouldn't post such BS here)

The banker did, what you were asking for. Nothing les nothing more.
You can't blame him as it is not his responsibility to proof.

But you still have this "Gringo-Thinking" : We did it (got a fido without FM-3), so it must be right. As it was done by a banker and we went away with it, it must be correct.

By lucky and shut up - means: don't tell.
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Bajahowodd
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[*] posted on 8-9-2009 at 03:14 PM


It is awfully hot and humid this time of year in Mulege.
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[*] posted on 8-9-2009 at 03:30 PM


Quote:
Originally posted by Bajahowodd
It is awfully hot and humid this time of year in Mulege.



Yeah...it sure is. Makes some people cranky.
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susanna
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[*] posted on 8-9-2009 at 03:47 PM


Too many regulations, has anyone thought about how Mexicans come to the US and they buy property, also run businesses with out being here legally. Why do we make it so easy for them. They drive our freeways with out license and insurance. But yet they require all the FM T and FM 3 what ever for us to go into
Mexico and spend our $. I've had it and I don't trust them.
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[*] posted on 8-9-2009 at 03:55 PM


Quote:
Originally posted by susanna
Too many regulations, has anyone thought about how Mexicans come to the US and they buy property, also run businesses with out being here legally. Why do we make it so easy for them. They drive our freeways with out license and insurance. But yet they require all the FM T and FM 3 what ever for us to go into
Mexico and spend our $. I've had it and I don't trust them.



It's not for everybody...that's for sure. I do agree about excessive regulation. I'm sure the reasons for control are valid but, it seems to turn predatory in many cases.
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[*] posted on 8-9-2009 at 09:23 PM
Geography 101


Quote:
Originally posted by jannyk
Logical Dave, and I wish it were true, because we'd be living in Canada if it was?

We are US residents and own property in British Columbia. We used to own an apartment in Paris. My sister owns a condo In Florida (she's lives at home in the UK).

In none of these situations did we become anything but tourists and are issued the same tourist entry 'stamps' as everyone else. Being property owners and even mortgage holders in a foreign country did not change our 'status' one bit in those countries.

I wish Canada did have an FM equivalent, as currently we can only be at our home there for a max of 6 months out of any 12.

Quote:
Originally posted by David K
I sure wonder how you can call a "tourist" (fm-t) also a property owner!

Tourists are people on a vacation... Is it really that hard to understand?


===========================================

M-E-X-I-C-O is NOT in control of British Columbia, Paris, Florida or the U.K. :light:;):yes:

A MEXICAN LAW is what determins your legal rights to keep property in MEXICO. :light:;):yes:

I have to tell you that I know this from my friends who have property in Mexico... who have done the research. I just added my dos centavos because it is so SIMPLE... Yet, it becomes so confusing here (to some). :?::o:O

Sure, you are in Mexico legally with an FM-T (on a vacation)... and decide to BUY or LEASE... which you can do, because people in Mexico WILL take your money and sell you/ lease you some land or a condo or whatever they want to. :yes::wow::rolleyes:

ONCE you HAVE that REAL property you SHOULD be responsible enough to OBTAIN the NEW and CORRECT visa for a property owner/ renter in Mexico and that is NOT a TOURIST CARD my friend. :yes:;):cool:




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stanburn
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[*] posted on 8-10-2009 at 12:23 AM


It is time for this thread to die and for everyone to quit feeding the squid. If you want squid, then you go to the area between Santa Rosalia and Isla San Marcos, not to Mulegé!
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[*] posted on 8-10-2009 at 01:35 AM


Hola DavidK, Maybe this FMT / FM3 debate is mute, I remember sitting in the notarios office and asked how long the paper work took, he said it had to be sent to Mexico City to be registered with the Ministry of Foreign Affairs and would be about a month...So i was looking through my papers and came across this paragraph..



Registration at the Ministry of Foreign Affairs

"With any type of real estate acquisition, foreigners always need to register the ownership at the Ministry of Foreign Affairs. The rights to ownership are granted when the foreigner agrees to comply with Mexican law and to waive their rights to foreign government intervention. By doing so, the foreigner is considered as a Mexican National with the corresponding rights. In the case of acquisition of property in the Restricted Zone, it is the bank that requests the acquisition of the property at the Ministry of Foreign Affairs."




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wessongroup
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[*] posted on 8-10-2009 at 04:21 AM


This link is from the Consular Section of the Embassy of Mexico in Washington D. C. and would appear to cut to the end of the chase on many issues discussed:

http://portal.sre.gob.mx/consulados/popups/articleswindow.ph...

"Purchase of real estate
Purchase of real estate in Mexico by non-mexicans

Article 27 of the Mexican Constitution bars foreigners from buying real estate in what is called the “restricted zone” (sixty one miles from the international border and thirty one miles from the seacoast). Outside this area, aliens can purchase real estate property but must agree before the Mexican Foreign Affairs Secretariat to be treated, for all intents and purposes, as Mexican nationals and abstain from invoking the protection of their country of origin with respect to that property. If the covenant is breached, all rights to such property will revert to Mexico .

For the purchase of land in Mexico , the following must be met:

- An application must be filed with the Mexican Foreign Affairs Secretariat (Secretaría de Relaciones Exteriores, Dirección General de Asuntos Jurídicos, Tlatelolco, D. F.) or any of its offices in the Mexican territory. The appropriate personnel will provide the official form {S1} and will help the applicant answer any questions on technical matters.

- Prove the applicant's immigration status (FM3 o FM2 ).

- File the application and attach to it a description of surface, measurements, landmarks and adjacencies of the land.

- Pay the corresponding duties.

I f the buyer is a company, it must prove it is legally incorporated.
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grace59
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[*] posted on 8-10-2009 at 06:50 AM


Thank-you, Thank-you, Thank-you Wessongroup for finding something in writing to help satisfy this debate. My original question in this post was not IF I needed an FM3, but if I needed to carry it with me when in Mexico and what, if any, additional benifits come with having the FM3. I am building a house so I have already applied for and received my FM3 (I did this in Mexico and found it easier than at the Consulate here...I used a broker who helped translate everything.) Anyway, thank you to everyone here for the great debate. I enjoyed the posts and learned a few things.



Whenever I hear that rainy, chill wind blow. I think it may be time to head for Mexico. Tengo que obedecer mi corazon!
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