Escrow in Mexico – A General Overview and Common Questions

Put simply, escrow is used to make sure the funds of a real estate transaction change hands at the moment of a closing. That is not the legal definition of escrow, but it is the underlying reason to use escrow. If you are a buyer, you want your funds in the seller’s account only once the deal closes – not before. If you are a seller, you want your money when the deal closes, not later. An escrow company is the neutral entity that holds the funds until the closing is completed and disburses the funds.


TLA Times | Nov. 25, 2020

REGION -U.S. companies increasingly buying out peers in Latin America | COLOMBIA -Bogata firm raises $4 million for supply chain development | BRAZIL -Government sees GDP per capita making a big leap with reforms | MEXICO -New version of Eastern plans service to Cabo San Lucas – Government increases security for gold and silver mines.


TLA Times | Sep. 30, 2020

REGION -Delivery Hero buys up Glovo’s Latin America operations | CHILE and PERU -Changing of the guard; Peru eclipses Chile as blueberry power | BRAZIL -Laureate Education selling off its Brazilian operations | MEXICO -Ace Hardware plans to open franchises in Mexico in 2021 -Grupo Bimbo looks to buy majority stake in maker of Modern Bread


TLA Times | Sep. 02, 2020

ARGENTINA – Mexican used-car startup plans to enter market in Argentina | BRAZIL – Virtual care provider expands services to Brazil | MEXICO – Demand for diesel, gasoline bounces back as industry recovers | Apple partner looks to Mexico for new factories | Other Asian companies look to Mexico for opportunity


TLA Times | July 27, 2020

PERU -Peru gives OK for CBD medicines, opening way for commercialization | BELIZE -Belize plans to reopen airport for tourists Aug. 15 | BRAZIL -Energy trading firm hires banks to handle IPO | MEXICO -Struggling Interjet secures $150 million in funding -In an effort to combat corruption, military put in charge of ports


TLA Times | July 02, 2020

CHILE -Chile enters digital partnership with Singapore, New Zealand | PERU -Peru resumes infrastructure projects valued at $1 billion | BRAZIL -Economy Minister predicts business uptick in the fall | MEXICO -Government to pay more for less with finance ministry’s oil hedge – Walmart Mexico to restructure, absorb two internal businesses