Investing In Mexican Real Estate
2007 Outlook: Residential Properties & Development
Presented by the Procopio International Tax Institute
JOIN US!
Envision the opportunities and limit your risks with information and resources only the insiders can provide.
Saturday, February 17, 2007 • 9 am - 5 pm
Joan B. Kroc Institute for Peace and Justice, University of San Diego
"Mexican Resorts Show No Sign of Catching U.S. Housing's Cold"
Real estate experts in Mexico worry that the giant sound they hear is the softening U.S. housing market sucking out the money that Americans have poured into vacation homes south of the border. But neither the cooling American housing market nor tense Mexican presidential politics so far have stemmed the influx of foreign dollars into Mexico's booming coastal resort areas, government and real estate officials said.
When FONATUR, Mexico's tourism development agency, put the first phase of Litibu on the market a few months ago, buyers snapped up the 500 acres of the newest Pacific Coast resort for $125 million. Foreign investment into Mexico is on track to hit $20 billion this year, up from $17.6 billion in 2005, according to the government.
– Evelyn Iritani, Staff Writer, L.A. Times, August 26, 2006
Online registration closes midnight EST on February 16, 2007, after this day you may register at the conference venue.
Join us for an important and timely full day- multiple course conference focusing exclusively on real estate development and investment in Mexico. Expert panelists will share their knowledge and insight on how to successfully conduct cross-border Mexican real estate transactions.
This conference will be held in the Joan B. Kroc Institute for Peace and Justice, University of San Diego-a state-of-the-art facility located on campus. Simultaneous Spanish translations will be offered for those who request them.
This is an exclusive event where you will have the opportunity to meet professionals, developers, investors, advisors and experts in the Mexican residential real estate industry. Learn the key and legal business issues related to Mexican residential real estate development, including sales and marketing the project and properties in the U.S.
Don't miss out on this growing new market!
The Market
The real estate market for leisure and vacation purposes is booming. In Mexico the niche is valued at USD 5.3 billion. Most of the activity is centered on new markets such as Puerto Peñasco, Puerto Vallarta, Los Cabos and San Felipe in Baja California, according to a report by Softec in April 2005. Further, The Wall Street Journal reports that about one million Americans currently live in Mexico, including 157,000 active-adults — buyers age 55 and over. That segment is expected to grow as retirees are attracted to the weather, proximity to the U.S., affordable cost of living and access to good quality health care. (Builders Bet on Mexico, January 18, 2006) Don't miss out on this growing new market!
You can capitalize on this lucrative opportunity but first get the facts from seasoned pros. While the industry is booming, the potential pitfalls are many. Mistakes can be costly — to your finances and your timetable.
Who Should Attend
Developers, investors, real estate specialists, financial advisors to multinational investors, contractors and subcontractors, architects, lawyers, accountants, and real estate financing experts.
Fees
US $395 early bird registration on or before January 15, 2007!
US $495 regular registration
US $325 per person for groups of three or more from the same organization.
Attend
BOTH conferences: Investing in Mexican Real Estate and 2007 International Update: U.S.-Mexico-Canada Cross-Border Tax Issues for $895 if you register by January 15, 2007!
IF YOU HAVE ANY QUESTIONS REGARDING THE CONFERENCE CONTACT FRANCISO SANCHEZ LOSADA AT 619.515.3225 OR VIA EMAIL AT
fsl@procopio.com.