Presentation on theme: "International Market ConneXion, LLC IMCX, an international business consulting, marketing and real estate development firm, will dedicate its resources."— Presentation transcript:
International Market ConneXion, LLC IMCX, an international business consulting, marketing and real estate development firm, will dedicate its resources to: Attract foreign investors in Mexican tourism real estate. Educate them as to the significant opportunity that Mexico presents and, Facilitate the real estate transaction process.
The State of Sonora is located in the northwest of the Mexico. It borders with the United States to the north, Sinaloa State to the south, Chihuahua State to the east and the Sea of Cortes (Gulf of California) to the west. Sonora is the second largest state in land-mass in Mexico with 184.934 square kilometers. The diversity of ecosystems found in Sonora makes possible a great variety of recreational including fishing, mountain biking, scuba diving, ecotourism, camping, and hunting. The visitor will also find a great number of animal species in Sonora, both in land and in the ocean. Thank to its privileged location, Sonora is a unique and safe tourist destination, awaiting inquisitive visitors to discover its legendary cities, beautiful beaches, and spectacular views of landscapes where ocean meets desert and mountain. Arizona neighbor: Belonging truly to neither nation, it serves as a kind of cultural buffer zone for both, cultivating its own culture and traditions. There are six ports of entry on the Arizona-Sonora border. From east to west these paired towns are Douglas/Agua Prieta, Naco/Naco, Nogales/Nogales, Sasabe/Sasabe, Lukeville/ Sonoyta, and San Luis Rio Colorado, which has no corresponding town on the Arizona side. The Mexican and Sonoran Governments are dedicated to promoting this area as a major resort destination for both American and Canadians. A prime example of this dedication is the Coastal Highway. This three hundred mile highway is being built at a cost in excess of $200 million dollars an will connect the US/Mexico border at San Luis Rio Colorado, south of Yuma, Arizona, with the port city of Guaymas-San Carlos, Mexico. A $50 million International Airport in Puerto Penasco is projected for completion in 2009. Two state-of-the-art hospitals, Hospital of Penasco and the IMMSS hospital, are currently under construction.
Mexico Economy and Tourism Mexico is situated in the southern portion of North America and encompasses about 1,225,742 sq. miles. Tree countries border Mexico; the United States to the north, and Belize and Guatemala to the south. There are almost 5,800 miles of coastline. The terrain of Mexico is comprised of both high, rugged mountains to low coastal plain, with a substantial portion of the land being desert. Natural resources include petroleum, silver, zinc, copper, gold, lead, natural gas, and timber, not to mention miles and miles of beautiful beaches. Mexico has a free market economy and plays host to a mix of modern and outmoded industries. These industries-along with agriculture-have become increasingly dominated by the private sector in the last decade. Tourism is the third most important economic activity in Mexico, representing 8.3 percent of the nations Gross Domestic Product (GPD). The World Tourism Organization (WTO) said Mexico currently ranks eighth in the number of international visitors and tenth in international tourism revenues. According to the WTO, Mexico has seen a shift from short trips just over the US-Mexico border to longer trips to the interior and more cruise business, growing at 5 and 32 percent, respectively, as a result of tourists reaction to a stricter Department of Homeland Security. The tourism industry is an extremely important source of income to Mexicans and nearly two million people are employed by Mexicos tourism industry. As August 23, 2004, the Mexican government spend $6.2 million of a new campaign to attract American tourists for the North and South Baja. Moreover, statistics released by Mexicos Tourism Secretariat (SECTUR) in May 2004 indicated a recent surge in tourism. According to SECTUR officials, the tourist sector did nearly $6.5 billion in business during the first half of 2004. Over 5.2 million international guests arrived in the first quarter of 2004, up 14.6% from the same period in the previous year, and on average, visitors spent US$724 in the first quarter of 2004, topping the previous years US$690. SECTUR also claimed Mexico received an additional 2.1 million tourists (4.2 million in total) on cruise ships during the first quarter of 2004, up 0.2 percent from the same period in the previous year. Guest spent $258 million US Dollars during the period, a nine percent increase from the previous year. The cruise ship/boating industry serves as a very important indicator when determining the health of an economy. Cabo San Lucas, Cancun, and Puerto Vallarta all have marinas in place while Puerto Penasco is in the midst of expanding and renovating their marina. FONATUR, the Mexican national trust for the promotion of tourism, has also taken an interest in the marina sector. It has begun planning to initiate a project called the Escalera Nautica, or Nautical Ladder, a Baja California and the Sea of Cortez. The Mexican government is estimated $1.7 billion US Dollars in revenues within the next 14 years, and if successful, the economic spillover could have far reaching effects for Mexico. On July 23, 2007, Mexican President Felipe Calderón introduced the new 2007-2012 'National Infrastructure Program' to Mexico. Calderón said that The National Infrastructure Program has set the following objectives: To create more permanent jobs through investment and economic growth that will be created by the development of infrastructure. To promote sustainable development through projects that respect the environment and encourage the rational use of Mexico's natural resources. To promote the infrastructure required to increase tourist activities that will trigger employment and regional development.
How to Buy Property in Mexico Since 1972, a Constitutional Amendment known as the Foreign Investment Law has allowed non Mexicans to acquire coastal and border property through a trust, called Fideicomiso, established with a Mexican bank. This trust assures the foreign buyer of all rights and privileges of ownership, and is needed to own properties, which fall into the "Restricted Zone". According to Article 27 of the 1917 Mexican Constitution, any property located within 50 km (32 miles) of any coastline, or 100 km (64 miles) of any border is defined as the "Restricted Zone". As of 1993, the New Foreign Investment Law dictates that the Trust be established for a term of 50 years and extended in 50 year periods. The Trust Agreement was established by the Mexican government as a way of protecting foreigners who own property in Mexico. After the buyer and seller have prepared the proper documentation to obtain a bank trust, the bank applies for a trust permit to the Ministry of Foreign Affairs in Mexico City (this takes 4 to 6 weeks), then sends it to a Notario Publico (Public Notary). Unlike the Notary Public in the United States, the Notario Publico is a highly educated attorney (Abogado) who is appointed to the position by the governor of the Mexican state in which he practices. The Public Notary draws up the Trust Agreement, obtaining the necessary documents (Bank Appraisal, Certificate of Non Physical Liens & Non Encumbrance), calculates the taxes due, and informs the bank when the Trust Agreement is ready to be signed (stating the final closing costs). The bank informs the seller and buyer so that they can sign the Trust Agreement at the Notary's office. The Notary will inform the buyer of the amount necessary to cover closing costs. All parties involved, seller, buyer and bank, sign the Trust Agreement. The Notary records the Trust Agreement with the Public Registry of Property and then gives it to the bank. The bank in turn records the Trust Agreement with the National Registry of Foreign Investments. The Notary sends the buyer a Certified Copy of the Trust. The bank, known as the "Trustee", holds the Deed for the purchaser of the property, known as the "Beneficiary". This property is not part of the Bank's assets and cannot be subject to a lien or attached to bank obligations. The Beneficiary has all the ownership rights to the property and may sell, lease, mortgage, pass to heirs, or do any other legal act with the property. The Trust is not a lease. The difference between a lease and a trust is that there is no equity in a lease, whereas a trust is fully maintained. If property is purchased and currently held in a trust, a new 50-year period can be established or the existing trust may be assigned. Trusts are renewable at any time by simple application. It was never the intent that these properties pass back to the Government at the end of the trust period, which has been a common misconception and fear of foreign purchasers. In fact, at the end of the 50-year period, the Beneficiary has an additional 10 years to renew the Trust.
SONORA TOURISM DESTINATIONS 1. GOLFO DE SANTA CLARA 2. PUERTO PENASCO 3. SAN ANTONIO 4. DESEMBOQUE 5. PUERTO LIBERTAD 6. BAHIA DE KINO 7. SAN CARLOS 8. GUAYMAS 9. EMPALME 10. HUATABAMPO For more information: www.visitmexico.com www.fonatur.gob.mx/mardecortes/ www.gob.mx 1 2 3 4 5 6 7 89 10
For Sale 11.7 Has (28 Acres) 200 Meters (600 ft) of prime beach front Price: $1,200,000.00 Located: Gulf of Santa Clara in the Riviera Sea of Cortez
GULF OF SANTA CLARA 11.7 Has (28 Acres) 200 mts of beach front $1,200,000.00 USD
GULF OF SANTA CLARA 11.7 Has (28 Acres) 200 mts of beach front $1,200,000.00 USD
GULF of SANTA CLARA 11.7 Has (28 Acres) 200 mts of beach front $1,200,000.00 USD
LAS LAGRIMAS ESTUARY OF MORUA LAS LAGRIMAS, PUERTO PENASCO 606 Has (1454 Acres) 2409 Mts beach front Price: $36,360,000.00 USD Located: On Km 17 new coastal highway Puerto Penasco-Gulf of Santa Clara.
LAS LAGRIMAS, PUERTO PENASCO 606 Has (1454 Acres) 2409 Mts beach front Price: $36,360,000.00 USD LAS LAGRIMAS
LAS LAGRIMAS, PUERTO PENASCO 606 Has (1454 Acres) 2409 Mts of beach front LAS LAGRIMAS LAGUNA DEL MAR SANDY BEACH
GULF OF SANTA CLARA PUERTO PENASCO SAN ANTONIO EL DESEMBOQUE SEA OF CORTEZ A world born of waters SONORA, MEXICO USA PPE INTL AIRPORT
For more information Contact: Ruben Greth Investor Relations International Market ConneXion, LLC 31043 N. 45 St. Cave Creek, AZ 85331 (602) 821-8347 (480) 629-4152 firstname.lastname@example.org All prices are subject to change without previous notice. ®