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Mengano
Banned
Posts: 1238
Registered: 9-26-2011
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| Quote: | Originally posted by JESSE
i say Mexico has been extremely good to foreign companies. |
Except for when Mexico nationalized all the banks in 1982. And except for when Mexico expropriated and nationalized all the oil in 1938. Other than
that, Mexico has been extremely good. Oh yeah, and except for those restrictive real estate laws that prevent foreigners from owning real estate
outright in the prohibited zone. But other than those three things, Mexico has been extremely good.
Oh yeah, foreigners cannot own transportation companies, electric utilities, communication by satellite, railroads and radio and television stations.
But, other than all that, Mexico has been extremely good.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Mengano
Except for when Mexico nationalized all the banks in 1982.
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They took banks from everybody....foreigners and Mexicans alike. I watched them do it. Went up on the bank roofs with machine guns and traded the
corporate flag with the National flag.
A friend of mine was a small bank owner one day, and the next he was working in a paint store.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Mengano
Oh yeah, foreigners cannot own communication by satellite, |
You mean, sat phones are illegal for a foreigner? 
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Islandbuilder
Senior Nomad
Posts: 555
Registered: 11-9-2011
Location: nob
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Mood: bewildered
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I empathize with the locals. I'm in a similar situation in Alaska. I'm a legal charter vessel, with permits from the Forest Service, Park Service,
Fish and Game, and the Coast Guard. I pay thousands in annual permit fees, and spend many hours doing pre and post season reports. All because I'm
trying to "do it right" as a commercial charter vessel.
My competition is the bare boat fleet, no permits, no fees, no restrictions on areas of operation, no licensed guide requirement, etc.
There used to be a fairly clear difference between the bare boat operators and ourselves, but the lines are getting more and more fuzzy all the time.
I have appealed to the authorities for equal treatment, but so far I've been met with silence.
The locals know who is coloring outside the lines, and who is just taking out their friends and family, but there is no way to really separate those
who are paying clients, and those who are friends and family. But, if you have a website offering nightly lodging and a fishing package, you had
better watch out, that sort of advertising paints a pretty visible bullseye on your back.
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Mula
Super Nomad
Posts: 1663
Registered: 8-16-2011
Location: San Nicolas y Lopez Mateos
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Island builder:
You live in Washington and run a business in Alaska . . . That's part of the problem.
Taking the profits out of state. Be better if you lived and worked in Alaska.
That's from the Alaskan to outsider point of view.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Cell Phone Companies?
| Quote: | Originally posted by JESSE
| Quote: | Originally posted by J.P.
| Quote: | Originally posted by rhintransit
I know it happens. especially in rental properties. don't have any personal experience with the boating/fishing part.
I also know a number of friends who have gone to the time and effort to be legal and pay their taxes.
whether getting everyone legal is the point, or the issue is deeper...wanting no competition legal or illegal...I don't know.
but the concern is valid. |
I know people That jumped through all the hoops and Still were Treated unfairly. The system is set up to insure failure of the foriegn owner
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Really? all but one Mexican bank is foreign owned, construction firms, hotel chains, cel phone companies, all foreign, i say Mexico has been extremely
good to foreign companies. |
And just what country does Carlos Slim call home?
As for the banks. That is actually a major problem for the world economy going forward. There are actually many banks in the US that have their roots
in Europe.
The bank thing may be the single most difficult issue going forward for any elected government (whose members are not on the take), inasmuch as under
the umbrella of capitalism, huge banking operators have so many options to avoid taxes, avoid responsibility, and just accrue massive amounts of cash
offshore.
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Islandbuilder
Senior Nomad
Posts: 555
Registered: 11-9-2011
Location: nob
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Mood: bewildered
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| Quote: | Originally posted by Chupa
Island builder:
You live in Washington and run a business in Alaska . . . That's part of the problem.
Taking the profits out of state. Be better if you lived and worked in Alaska.
That's from the Alaskan to outsider point of view. |
Profits!!
I think we do better than most outside companies, our guests spend a couple of nights in hotels coming and going, we do all of our provisioning and
fueling in state, and hire several locals as shore support. Plus, all of our crew essentially lives in state for the summer, just like you, given that
you show a Baja winter residence.
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JESSE
Ultra Nomad
Posts: 3370
Registered: 11-5-2002
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| Quote: | Originally posted by Bajahowodd
| Quote: | Originally posted by JESSE
| Quote: | Originally posted by J.P.
| Quote: | Originally posted by rhintransit
I know it happens. especially in rental properties. don't have any personal experience with the boating/fishing part.
I also know a number of friends who have gone to the time and effort to be legal and pay their taxes.
whether getting everyone legal is the point, or the issue is deeper...wanting no competition legal or illegal...I don't know.
but the concern is valid. |
Movistar is spanish owned.
I know people That jumped through all the hoops and Still were Treated unfairly. The system is set up to insure failure of the foriegn owner
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Really? all but one Mexican bank is foreign owned, construction firms, hotel chains, cel phone companies, all foreign, i say Mexico has been extremely
good to foreign companies. |
And just what country does Carlos Slim call home?
As for the banks. That is actually a major problem for the world economy going forward. There are actually many banks in the US that have their roots
in Europe.
The bank thing may be the single most difficult issue going forward for any elected government (whose members are not on the take), inasmuch as under
the umbrella of capitalism, huge banking operators have so many options to avoid taxes, avoid responsibility, and just accrue massive amounts of cash
offshore. |
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
Member Is Offline
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| Quote: | Originally posted by JESSE
all but one Mexican bank is foreign owned, construction firms, hotel chains, cel phone companies, all foreign, i say Mexico has been extremely good to
foreign companies. |
There's a big difference between a foreign company operating in Mexico and a Mexican company owned by a foreigner.
Guess which wheel can afford the grease.
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CJ
Nomad
Posts: 204
Registered: 8-29-2003
Location: Loreto, B.C.S. y Lopez Mateos
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Mood: It's cool with me
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SMALL TOWN......SMALL MINDS...somethings will never change....as is Loreto. It's fine with me I've gotten used to it over the years.....CJ 
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Mood: undecided
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If there's a legitimate complaint, you can bet the bank that the "authorities" would come down on 'em like a ton of bricks. In any case, the "night
court" would probably render their boat/trailer/vehicle useless. Vigilante justice works when the professionals fail to do their job.
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Frank
Senior Nomad
Posts: 861
Registered: 6-5-2005
Location: San Diego
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Mood: Is it time to leave yet?
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If there were more tourists coming to Mexico, I dont think this would be as big an issue.
Fix the real problem, low tourism. {I know thats a loaded issue with many layers}
I only get to go to Baja on vacation. One of my favorite things to do is to bring people down with us, so they can see how great the whole experience
can be. Its really hard to drag more tourist dollars down with me when everyone I know thinks we are crazy for driving south.
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Mood: undecided
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Frank, It is a whole new exerience.
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Loretana
Senior Nomad
Posts: 825
Registered: 5-19-2006
Location: Oregon/Loreto
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Mood: alegre
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| Quote: | Originally posted by CJ
SMALL TOWN......SMALL MINDS...somethings will never change....as is Loreto. It's fine with me I've gotten used to it over the years.....CJ |
CJ....You can say that again.
In my humble opinion, there is a good deal of "envidio" (envy) at work here.....
Some high profile Americans here in town own beautiful beachfront properties, have very nice boats and seem to have a constant stream of clients
(oops, family and friends) who visit often.
The fact that these same Americans ARE registered with Hacienda and are undoubtedly paying taxes does not lessen the feelings they are stirring up
among the local sportfishing panga owners.
Ni modo. 
"If you want to find the secrets of the universe, think in terms of energy, frequency and vibration."
-Nikola Tesla
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Loretana
The fact that these same Americans ARE registered with Hacienda and are undoubtedly paying taxes does not lessen the feelings they are stirring up
among the local sportfishing panga owners.
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So....they don't want foreigners working legally either? Living as close to the border as I do, I have a hard time with that.
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BajaBlanca
Select Nomad
Posts: 13241
Registered: 10-28-2008
Location: La Bocana, BCS
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those who need invoices are those who are here on business !
it really is a touchy issue and perhaps if there were more tourists, it might be a moot point.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by BajaBlanca
it really is a touchy issue and perhaps if there were more tourists, it might be a moot point. |
Why should foreigners who work legally be penalized because tourism has gone to hell
The market will decide who survives in any industry.
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Loretana
Senior Nomad
Posts: 825
Registered: 5-19-2006
Location: Oregon/Loreto
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Mood: alegre
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by BajaBlanca
it really is a touchy issue and perhaps if there were more tourists, it might be a moot point. |
Why should foreigners who work legally be penalized because tourism has gone to hell
The market will decide who survives in any industry. |
Quite frankly, Blanca and Dennis
I agree with both of you....
But that doesn't change the fact that locals here are jealous....of what they once exclusively controlled (or so they thought)
Which reminds me, it was an American, Ed Tabor who put Loreto on the so called "sportfishing map" back in the 1950's.........
"If you want to find the secrets of the universe, think in terms of energy, frequency and vibration."
-Nikola Tesla
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Loretana
Which reminds me, it was an American, Ed Tabor who put Loreto on the so called "sportfishing map" back in the 1950's......... |
Ohh yeah. The Flying Sportsman Lodge. Knew it well.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Loretana
But that doesn't change the fact that locals here are jealous.... |
Jealousy?? More like Xenophobia. Their government has taught them well....to blame everything on someone else.
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