Banking resources for new arrivals If you're not a temporary or permanent resident of Mexico, most banks won't open an account for you. Mexican law has more restrictions on banking for foreigners than some other countries, and most ban...
What is an "Aval" and why do I need one? In order to rent in Mexico City, you need a cosigner who fully owns non-mortgaged property that is also located in Mexico City . This is because it can take years to process an eviction, so landlords ...
The Cash-Strapped Landlord Real estate is a bunch of smoke and mirrors. Many landlords are struggling financially, giving you the upper hand as tenant. Most buildings in Mexico City are condos, so each unit is individually owne...
Olive branches: How to give and take in a negotiation Ever heard the expression "give them an olive branch?" This is a great way to help you get what you want in a lease. No landlord wants to feel like they are getting the short end of the stick in a neg...
Water cuts 101: Is it Mexico City or your building? If you're new to Mexico City, the water cuts can be a surprise. About 40% of our municipal water is lost to leaks in the system, and the seismic activity here cracks the pipes. It's just a part of lif...
Renewing the lease? Drop the pen and negotiate! So you finally found a great deal - that cozy apartment with the south facing windows, walking distance from the ecobici and near your new favorite taquería. And it turns out your rent is cheaper than...