invest in the riviera maya, mexico - Riviera Maya Property Consultants

INVEST IN THE RIVIERA MAYA,
MEXICO
RIVIERA MAYA PROPERTY CONSULTANTS
IMAGINE…
Long white sandy beaches…
Glassy fresh water pools (cenotes) and caves…
Beach yoga, meditation and spirituality…
Dramatic Mayan Ruins perched on a cliff above the Caribbean
Sea…
Mayan heritage and culture…
Gourmet restaurants…
World’s 2nd largest coral reef…
World-class golf, diving, snorkeling, kitesurfing, cave diving,
swimming with turtles…
Celebrities, socialites, eco-chic vibe…
Proximity to the international airport…
Next to completely natural Sian Ka’an Biosphere Reserve…
Great infrastructure, banks, medical services, cable and internet..
And one of the best real estate investment opportunities in the
word.
WHY LIVE IN MEXICO?…
“For American expats, Mexico is an easy, convenient choice”…MarketWatch*
“Today’s Mexico offers modern highways and airports, cable and satellite TV, Internet…”
MarketWatch*
“Many expatriates — especially Americans — describe their lives in Mexico in positive, often
glowing, terms.” The New York Times**
“Europe, dying; Mexico, coming to life.
The United States, closed and
materialistic; Mexico, open and
creative.” The New York Times**
“Tulum may be an emerging global
style destination, but its simplest
pleasures remain timeless.” Travel &
Leisure***
WHY INVEST IN MEXICO?
“This year Mexico is a darling of the emerging market investors” – Forbes,
2012
“Goldman Sachs has
predicted that Mexico could
be 5th largest economy in the
world by 2050.” - CNBC
Mexico: a country as ambitious
as you?...
Summary
1. GROWTH OF TOURISM IN THE REGION
• Map of Mexico
• Mexico’s Tourism Growth 2012-14
• Map of Quintana Roo
• Growth of Quintana Roo state
• Development from 1970 till now (Cancun/
Playa del Carmen)
• Introduction to Tulum
• Tulum as top emerging destination
3. WHO ARE WE?
• About our company
• About us
• Current Projects
• Contact
2. INVESTING IN MEXICO
• Climate of real estate investing
• Why invest in Tulum?
• The chic side of Tulum
• Property investment in Mexico
• Second home by foreigners
• Growth of land price in Tulum over the
years
• How to buy in Mexico
• BEFORE the Reform (Article 27)
• 3 Legal options to invest as a foreigner
4. WHAT DO OTHERS SAY?
• Press
Growth of Tourism in the Region:
Map of Mexico
Quintana Roo
Growth of Tourism in the Region:
MEXICO TOURISM GROWTH 2012-2014
Growth of Tourism in the Region:
Map of Quintana Roo
Growth of Tourism in the Region:
Quintana Roo State
From 1970 till 2010
the main tourist cities in Quintana Roo state
have gone from simple villages with a
few families to real cities.
Cancun has grown from 328 to 661,176,
and Playa del Carmen - from
232 to 149,923 inhabitants. Tulum at that time was
only small fishing village.
In total the State has evolved from 88,150 in 1970
to 1,468,469 inhabitants in 2010.
Hospitality and Tourism
sector became dominant, currently taking 85.7%
of the market share.
Growth of Tourism in the Region:
DEVELOPMENT (1970 – 2014) of Cancun and Playa del Carmen
The Guinness World Book of World Records named Playa Del Carmen, Mexico
“the fastest growing city in the entire world” in 2006
Growth of Tourism in the Region:
Introduction to Tulum
TULUM
LOCATION
GROWTH OF PARADISE
is a small town in Mexico, Quintana
Roo state. In 2008 it separated from
Playa del Carmen Union,
“Solidaridad,” and became
independant municipality:
“Municipio of Tulum.” It has an
urban population of 18,233 and
municipal population of 28,263.
- 1 km from the world-famous
archaeological Mayan site;
- Next to the Caribbean Sea with
one of the world’s most beautiful
beaches, Tulum is growing rapidly
due to American investments and
market saturation in Cancun and
Playa Del Carmen.
State of Quintana Roo was declared
the safest in Mexico, thanks to
government investment into the
police work in this busy tourist
destination.*
- The gateway to the Sian Ka’an
biosphere reserve;
- 90 min drive from the international
airport of Cancun;
- 3h drive from Merida (airport with
mainly USA and Mexico flights) ;
- 50 min from Playa del Carmen, a
busy touristic city.
- Since 2008 Tulum’s employment
sector more than doubled.
- Land and Project investments can
come close to double digit value
increase annually.
Growth of Tourism in the Region:
Tulum as a Top Emerging Destination
-
#3 best beach in the world by TripAdvisor.
-
Recognized by MSNBC, Conde Naste, Travel &
Leisure, New York Times, USA Today and Rolling
Stones among countless others.
-
In 2012 The Wall Street Journal nominated Tulum
as #3 retirement haven in the world.
-
Some of the countless tourist attractions in and
around Tulum include various unique cenotes
(crystaline spring underground water pools),
swimming with dolphins and turtles, Sian Ka'an
Biosphere Reserve, eco-cultural water parks like
Xcaret and Xel-Ha, world’s 2nd largest reef,
world-class golf courses; ancient Mayan cities of
Tulum, Coba and Chitzen Itza and much more.
INVESTING IN MEXICO:
Climate of Investing
TALENT
Past 15 years saw unparalleled development of tourism in the Riviera
Maya, and the result is a highly-skilled, multilingual, motivated work
force and highly talented self-starters exceeding expectations.
ICT & INFRASTRUCTURE
From the advanced information to the robust
infrastructure of high-speed communication
with a reliable logistics, Mexico puts you in
the fast lane.
COST COMPETITIVENESS
Cost competitive with growing productivity.
BUSINESS FRIENDLY
Mexico offers investor-friendly tax brakes.
LIVING STANDARTS
The Riviera Maya and Tulum make the good life
even better with the combination of natural
beauty and casual-chic, where you have the
enchanting blend of history, a wealth of cultural
heritage, wilderness, landscape, clean air, sun,
sea and silky sand. It’s the perfect spot for
water sports, golfing, yoga and great food.
“For many years, Mexico has
been doing all it can to attract
investors and has reached a
high level of sophistication,”
Jose Manuel Ramirez of tax
audit firm KPMG, by CNBC*
INVESTING IN MEXICO:
Why Invest in Tulum?
- Tulum is poised for growth in every way – from its real estate market to infrastructure, new
hotels, restaurants and luxury developments– but it’s also dedicated to preserving its nature.
- The Rail network will connect the entire state of Quintana Roo, and will be completed by 2019.
- Most of the land around Tulum assigned to urban growth is still poorly developed and at the
moment is still affordable.
INVESTING IN MEXICO:
The Chic Side of Tulum
 Unlike Cancun or Playa del Carmen that cater to a wider range of vacationers,
Tulum is developing in a discreet, but luxury direction.
 It’s becoming the new exclusive, eco-chic hot spot to see and to be seen.
 The fashion and celebrity scene has exploded in 2014: Tulum’s guests
included Jude Law, Orlando Bloom, Drew Barrymore, Eva Langoria, Jared
Leto, Demi Moore, Heidi Klum, Jessie Ware, The Misshapes, Sienna Miller,
Natalie Imbruglia, Kate Bosworth and now many others.
Sienna Miller
Heidi Klum and Vito
Schnabel
Be Tulum hotel
Demi Moore
Orlando Bloom
INVESTING IN MEXICO:
Property Investment
- The increase in the value of the real estate, land, residential
and commercial units has a growth of an average +7-8 % per
year;
- If you made a real estate investment, it has advantages not
only in increasing the same, but also in having an income
from renting it, that guarantees an annual return around
+10%.
- These figures can duplicated and in many cases even
multiply with the investments on the coast*.
(*Please inquire about investment presentation for more details)
Be Tulum hotel
INVESTING IN MEXICO:
Second homes by foreigners
 USA TODAY, 2010:
-
Few places in the world have developed as quickly
as Mexico’s Riviera Maya.
-
The reasons are simple: easy flight connections
from most of the USA and attractions found
nowhere else, including more than 70 miles of
beaches, the world's second-longest barrier reef,
golf courses by top designers, world-class diving,
adventure activities from canopy zip lines to
horseback jungle tours, several eco-culture theme
parks, and more than a dozen Maya ruin sites.
-
"It's hard to imagine that this bustling, vibrant
spot was a quiet little town with beach shacks
when I arrived," says Jack Perlman, an ex-New
Yorker who came on vacation 17 years ago and
never left. He developed a group of managed
condominiums, Condo Hotels Playa del Carmen.
Be Tulum hotel
INVESTING IN MEXICO:
Tulum’s Land Price Growth Over Years
- The years 2008-2011 was when recession hit global markets, yet the land and estate prices
in Tulum remained stable.
- From 2012 till 2014 the beach land prices went from $75 USD for 1sq m up to $150 USD for
1sq m, while in 2007 the price was only $30-40 USD.
Example:
In 2012 the 1,000sq m land in Tulum village was priced at $31,000 USD; in 2013 the price went up to
$46,000 USD; in 2014 this land costs $77,000 USD.
Be Tulum hotel
INVESTING IN MEXICO:
Overview of land buying by foreigners
1. It is not necessary to be in Mexico to buy a property. Through Mexican consulates you can give a power of
attorney to someone you trust in Mexico with instructions to perform various operations necessary for the
purchase of land and/or property.
2. According to the Mexican Constitution (Article 27 ), in the Restricted area (area restringida - border areas and
coastal areas), foreigners can not own land or
property directly, thereof the process must be
carried out by a company
or a Trust (“Fideicomiso”).
3. However, on April 23, 2013 the reform of
Article 27 has been proposed to allow
foreigners the possibility to own property
(land and and houses) without having to use a
Trust (Fideicomiso), company or bank.
4. The law in question has already been
approved by the Chamber of Deputies and lacks
the approval by the House of Senators, but it is
expected - according to the official news - that
the approval and execution are imminent.*
Be Tulum hotel
INVESTING IN MEXICO:
Current legal procedures for foreigners
(till Article 27 is approved)
1. To make an investment, you can choose to have company, create a completely new one, or buy
existing one with bank accounts already open. However, if you choose the Trust (Fideicomiso), in
practice you have to make a header trust through which the land or the property becomes the
property of a Mexican Bank chosen by the buyer and all rights remain the holder of the foreign buyer
(Fideicomiso).
2. The Trustee (Fideicomiso) agreement
for foreigners who manage the estates
and properties in the Restricted area, is
valid for 50 years. As the initial period
expires, the Trustee must renew its
contract with the bank.
Be Tulum hotel
INVESTING IN MEXICO:
3 legal options to invest as a foreigner:
 TRUST (Fideicomiso)

Applying for the
Fideicomiso: $2,000 USD

Taxes, notary and lawyer
fees: 8% on the cost of
purchasing the land or home

Maintenance of the
Fideicomiso: $450 USD a
year

Tax on the property fee:
about $100 USD per year
(for a property worth
$100,000 USD); VAT of 16%
on fees.
 COMPANY

Formation of a Company
(including fees, notaries,
lawyers): $1,500 – 2,000
USD

Taxes, fees notary and
lawyer: 8% on the cost of
acquiring land

Management of the
company by an
accountant: $1,100 USD
per year
 EXISTING COMPANY

Purchase of a company: $
4, 000 – 5,000 USD

For the purchase of the
property or land prices
remain the same.
* When the reform of Article #27 is approved , all these practices will be no longer needed and purchases will take
much less investment of money and time.
Be Tulum hotel
WHO ARE WE?
Riviera Maya Property Consultants

We are professionals with global experience of two decades across Mexico, the U.S., Europe and the Middle East.

We are in love with the Mexican Caribbean, and passionate about making dreams of our clients come true.

We have direct deals with land owners and only offer exclusive land properties to our clients that are not available through any other
agencies.

Each of our land properties is verified to have legal land title and transparent documentation.

We are a full service company, from land purchase to management of your dream house. Our services include exclusive land offers,
consulting on acquisition, all legal services (for Mexicans and foreigners), architectural plans, construction and property management.

Our professional experience includes: 15years of project management and sales (particularly to VIP clients), 20 years of architecture and
construction of top global standards, 10 years of client and investor relations, property management and legal services.

We also offer the following services for our clients: legal advice and consulting; lawyers specializing in commercial properties, corporate
lawyers and accountants.

We have been operating in Tulum area for 3 years, and have a thorough knowledge of Mexican culture, local economy, laws and
regulations.

8 Languages spoken: English, Spanish, Italian, Portuguese, Russian, German, Polish and Lithuanian.

We are involved with local communities and education of local people, by helping with construction of educational centres.
Be Tulum hotel
WHO ARE WE?
The Team
Claudio Catanzaro has worked in
hospitality since 1996, specializing in
project and business management and
tourism in Italy, Spain and London.
In the last years spent in Mexico, Quintana
Roo, Claudio has worked as a business
consultant and developed several hotels,
construction projects and restaurants.
Obtained many important local contacts
with land owners, construction companies
and legal offices.
Claudio joins RMPC as Partner/ Project
Director.
Raminta Lilaite has spent the last 15 years
living and working in New York City and
often traveling to Mexico as an owner of
her PR company, Lilas Public Relations.
She has experience in providing top-level
PR and Investor Relation services to
luxury properties in the Riviera Maya, as
well as the Riviera Maya’s Tourism Board.
Her clients get featured in The New York
Times, USA Today, Travel & Leisure and
other top publications.
She joins RMPC as Partner/ Marketing
Director.
Be Tulum hotel
Ruta Uleviciute has a BA in Business
Management and Marketing with honors
and continued higher education in
Cambridge University in London.
Since
1998 she has been working in luxury
goods sales, for companies such as Royal
Jewellers Garrard of UK and Harry
Winston.
Ruta specializes in VIP customer
service for luxury market, sales
and
investments.
She joins RMPC as Partner/ Sales Director.
Gabriele Fabrizio Sbalbi has a degree in
Civil Engineering from Politecnico di
Milano (Polytechnic University of Milano),
and twenty years of experience as a
Partner in an architectural/ construction
company in Lombardia, Italy.
He joins RMPC as Partner/ Director of
Architecture and Construction.
WHO ARE WE?
Some of our current projects
 PLAYAAKUN Beach Villa’s & Hotel

Hotel TZALAI Tulum Village Hotel
 YAXIIK Eco Chic Homes*
*Presentations and details available upon request
Be Tulum hotel
CONTACT
Project Management
Claudio Catanzaro
[email protected]
Tel. +52 1 984 106 3032
Skype : claud10c
Sales
Ruta Uleviciute
[email protected]
Tel. +52 1 984 151 0178
Skype : ruta1703
Architechture/ Construction
Gabriele Fabrizio Sbalbi
[email protected]
Skype: gfsbalbi
Marketing/ PR
Raminta Lilaite
[email protected]
Skype : raminta.tsopelas
PRESS
1. Laid-back Tulum, which Italian Vogue called the new Goa
2. http://www.vogue.it/en/people-are-talking-about/obsession-of-the-day/2011/01/tulum-e-la-nuova-goa
3. http://www.forbes.com/sites/kenrapoza/2012/07/10/sorry-brazil-investors-prefer-mexico/
4. http://www.marketwatch.com/story/10-best-international-retirement-havens-2013-01-04
5. http://www.nytimes.com/2013/09/22/world/americas/for-migrants-new-land-of-opportunity-is-mexico.html
6. http://www.travelandleisure.com/articles/the-stylish-beaches-of-tulum-mexico
7. http://www.cnbc.com/id/48986442
8. http://global.ralphlauren.com/en-us/rlmagazine/editorial/spring13/Pages/Tulum.aspx
9. http://travel.usnews.com/Tulum_Mexico/Things_To_Do/
10. http://nymag.com/travel/weekends/tulum/
11. http://internationalliving.com/2012/03/the-worlds-best-real-estate-markets-in-2012/
12. http://thegarven.com/nina-agdal-in-beach-bunny-spring-lookbook/
13. https://ca.celebrity.yahoo.com/blogs/celebrity-news/heidi-klum-and-vito-schnabel-enjoy-a-pda-packed-mexican-getaway185319778.html
14. http://www.neverunderdressed.com/beauty/the-look/the-fashion-pack-head-to-tulum-for-new-year-holiday
15. http://www.nytimes.com/2014/03/12/dining/rewriting-the-menu-in-tulum-mexico.html?_r=0
16. http://travel.usatoday.com/destinations/secondhomes/2010-11-11-riviera-maya-mexico_N.htm