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thomashellyer

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Everything posted by thomashellyer

  1. Connected to Starlink today. Location: Santa Cruz de la Soledad. Download speeds: 160-250 mbps Upload speeds: 25-30 mbps Beyond giddy. 10 years of garbage internet options and $10,000 of thousands of Telcel data fees and FINALLY decent internet. Worth every penny and more... PICTURE: Screen shot of highest recorded speed of the day...
  2. Hola! Anyone (Mexican or foreigner) that sells a property in Mexico MUST do a tax declaration in April of the following calendar year. It is NOT the notario's responsibility. The notario MUST collect and pay any capital gains taxes (ISR - Impuesto sobre la renta) on your behalf and declare that payment to the SAT. But the seller still is obligated to verify the sale with the SAT. Any Mexican accountant should be able to assist. You may need to collect documents from the notario involved in the transaction to provide to an accountant. We are not aware of anyone being punished for not doing so, but the law suggests all kinds of fines / fees / interest for those that do not. I personally would not leave it to chance. Cheers!
  3. Hola! They have it all figured out. If you aren't allowed in you cannot close your account... 🤑
  4. Hola! To the original question from the OP: Do you feel house prices will come down or like in some area's of the US and Canada go though the roof? It is a complicated answer. First of all, I am the broker of a local real estate agency. In 2020, sales of residential properties, area wide, were down year over year compared to 2019 a total of 29%. However, prices have remained steady and in some cases rising. The average sales price in 2020 was $264,000 USD, about the same as 2019. Inventory was up around 10%. Clearly fewer potential buyers from the US and Canada flew down to look at houses for obvious reasons. The ones that did however, were very serious and arrived with money in hand ready to buy. Yes, the Tapatios and other Mexican nationals took over some of the market share as they were looking for refuge out of the major cities and also getting their money out of the banks as interest rates came down and due to overall mistrust in the federal government. The last 3-4 months have proven to be VERY busy and the near term outlook looks very strong and if the current demand persists, along with the potential of travel opening up later this year due to vaccines, people tired of waiting to travel, and the new group of 'location independent' professionals, I would expect that the demand will remain strong and prices will slowly rise. In our office, we've been blessed with record months in both December and this month, February and had a 24% increase in 2020 compared to 2019. Sales to Mexicans and foreigners already living in the area were drivers of our sales. We do not manage rentals so I do not have a pulse on the rental market but I understand from property managers that there has been less demand (less travelers) than normal.
  5. Most importantly, your insurance will not cover you if you drive with an expired license.... if closed in Chapala, go to Guad...
  6. Hola, Spiderweb does offer fiber internet in some areas. I have their fiber service in Santa Cruz de la Soledad. I do not know what their roll-out has been in Chapala proper. Decent service a little on the expensive side ($80 pesos per month per Mbps of download speed). In our case, I would pay triple as it is the ONLY option in Santa Cruz... Phone for spiderweb: 376-765-2213 FB https://www.facebook.com/spiderwebchapala/
  7. We have 2 happy / healthy teenagers here. They go to schools that are safe and have minimal drugs / alcohol / bullying (much much less than when I was in high school). They and their friends are fully bilingual and are just as apt to speak to each other in English as Spanish. They have fun. Some kids will adapt, some won't, just like anywhere.
  8. I have. He provides cleaning and gardening services for my downtown Ajijic office space. I'm very happy with his service, the staff he has provided, and the cost. And I do not have to carry any employee obligation. We had to work out some kinks in the beginning but for months I've only had to transfer him funds once a month...
  9. I also happily recommend Winston @ Lake Chapala Moving...
  10. Hola Zeb,

    I've seen your post regarding Las Redes in Chapala. A number of my friends live there and really like it. It is quiet, close to many services, and very family oriented. Prices are good there, compared to other places. I personally live in Santa Cruz de la Soledad which is about 5 minutes away so I drive through Las Redes everyday. 

     

    I work in real estate and have two listings in the area that you might consider: http://chapalahomesales.com/listings/reagan/

    and http://chapalahomesales.com/listings/morando/

     

    Cheers, Thomas

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