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Have complaints against a bank?
Living in YucatanHaving questions regarding bank accounts, or receiving notice of financial institution requirements, are common problems among users of financial products in Mexico.&...
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What is the Credit Bureau?
Living in YucatanThe Credit Bureau is for many a taboo subject - there are those who believe it to be a kind of credit “police”, others believe it to be a kind of government agency, ...
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Rating for Home Insurance
Living in YucatanTo effect an insurance policy, whatever it may be, is not an easy task. These are complex financial products, with conditions, exclusions, and policies that must be known before...
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Complaining to Profeco... It Does Work!
Living in YucatanIf you live in Mexico, you have surely wanted to complain more than once regarding a purchase of a bad product or a service poorly provided. The Office of the Federal ...
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6 Financial Tips for Senior Citizens
Living in YucatanHow to Convert Assets into Income Poor stock returns are threatening to destroy the golden rule for maximizing the longevity of your money, namely, withdraw 4% of your asset...
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Obtaining a Driver’s License in Yucatan
Living in YucatanIf you are a foreigner and not planning on leaving Yucatan, it is probably then a good idea to obtain your driver’s license for here. The process is re...
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Healthcare Insurance
Living in YucatanPrivate Insurance Overview Although life insurance in Mexico is comparatively expensive, health insurance costs are relatively less expensive than in other countries in...
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Aguinaldo (Christmas Bonus)
Living in YucatanWith the month of December upon us, employers throughout Mexico are preparing for payment of aguinaldos (Christmas bonuses). But, where does this payment come from? ...
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10 Reasons to Invest in Yucatan
Living in Yucatan1. Strategic location in southeastern Mexico. Yucatan borders the Gulf of Mexico to the north and west, with 378 km. of beautiful white-sand beaches and crystal clear ...
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Did you know that your heirs are not necessarily the beneficiaries of your bank accounts?
Living in YucatanAlthough there are different forms for a Last Will and Testament, the most common form is the Open Public Last Will and Testament, which is prepared and certified by a Notary Pu...
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Inactive Account = Lost Account part 2
Living in YucatanIf accounts are dormant, lending institutions will pay out the funds to a public welfare/charity. This is a situation that should not be ignored - therefore, upon...
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Inactive Account = Lost Account
Living in YucatanIf your checking, savings and investment accounts are dormant, the funds will by law be turned over to the public welfare Pursuant to Article 61&nb...
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Federal Electricity Commission Rates
Living in YucatanThe Comision Federal de Electricidad (English: Federal Electricity Commission) or CFE, is a Mexican government-owned company that generates, transmits, distributes&nbs...
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What you should know
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