Boroughs & Burbs, the National Real Estate Conversation

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What About Mexico?
  
With more than a million expats estimated to live there, Mexico is far and away the most popular destination for North Americans looking to move abroad. But—with so many places to choose from—where in Mexico should you move? It’s a very large country, after all.

Alexandra Demou is the founding owner of Welcome Home Mexico, a relocation and real estate company based in Polanco, CDMX where she currently devotes all of her time. Alexandra is from NYC. She studied Hotel and Hospitality Management in Greece and in New York. She has a Swiss Diploma and a B.S. from New York University.

More than a vacation destination, Mexico is more than beautiful beaches. Join us today in learning what Mexico has to offer.

Polanco is a very desirable neighborhood in Mexico City. Here, world-famous brands and upscale international restaurants line Avenida Presidente Masaryk, the premier shopping avenue at the heart of this prestigious district. Leafy side streets host Spanish Colonial Revival mansions and luxe apartments. To the north, Nuevo Polanco features modern architecture, including the futuristic Museo Soumaya, with its vast Rodin collection, and one of Latin America's largest aquariums.

Questions For Alexandra:

-Tell us about Mexican nationals who are interested in buying in the US? ----Who are they? Where are they looking? How do we appeal to them? 
-Are there any cultural differences in how Mexican buyers consider real estate transactions? 
-Where are the hot spots for Americans who want to buy in Mexico? Why? 
-Is there any place in particular that New Yorkers are looking? 
-How do you get there? What documentation is needed?
-What, if any, are the restrictions on US nationals owning real property in Mexico? 
-How do Americans buy in Mexico? What is the process? Who are the needed advisors? How do folks find them? 
-Yankees love wood houses, especially Colonials. I would not expect to find many saltbox colonials in Mexico. What are the styles we'll encounter in Mexico? What sizes are most liked? What amenities?
-What is the most desirable in location or style? 
-Is it better to be in a resort or gated community? 
-Is it a mostly seasonal market and is that likely to change? Nantucket will always be a summer community, whereas Florida is in transition.
-What are the transfer taxes, the property taxes? Any difference for American versus Mexican owners? 
-How are properties maintained by absentee owners?

Roberto Cabrera - With 20 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of "America's Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. 

John Engel - John Engel is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in New Canaan where he was long serving Chairman of the Town Council. Before going into real estate he was the founder of two successful Internet businesses, Paper.com and e-Media (for which he won the  Entrepreneur of the Year Award). John attended New Canaan High School and Davidson College in North Carolina. After graduating, he served as an officer in the U.S. Army during the first Gulf War. He currently lives in New Canaan with his wife Melissa and four children. John Engel produces an easy-to-understand and in-depth monthly Market Report for the 16 towns of lower Fairfiel