Original Message:
Re: Re: do I need a foreign investors permit to sell a time share in Mexico (by KC):
eleonoram4 wrote:I was approached by Realty one associates in Boston, MA about selling my time share. Interested, but red flags. They say they have an investor, and sent me all the forms showing that the money has been deposited in a BBVA escrow/trust account. But now they say I have to pay 5700.00 for a foreign investors permit. Is this needed? a
You were "approached"? What exactly does that mean? Do you really think that someone "approaching" you (unsolicited, out of a clear blue sky), can actually be legitimate?
Also, "investors" don't buy Mexican timeshare contracts --- not yesterday, not today, not tomorrow, not ever. Mexican timeshare RTU contracts are "a dime a dozen" and always worth only a tiny fraction of what people originally paid for them. Many are worth nothing at all in the resale market. Mexican RTU timeshare contracts would be bad investments by any and every possible standard or measure. There is no investor, but there IS a hungry scammer looking to steal your money with this fairy tale. Enough said.
Don't fall for this nonsense, or you'll just end up being fleeced. There is an old saying that "a fool and his money are soon parted". Don't prove it to be true by falling for a scam.