Luxury Magazine

Jeff ArmstrongAugust 18, 2016
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7min224

When we think about Mexico, we usually imagine white sand beaches, margaritas and a fun-filled vacation in the sun. But what if you are done with imagining yourself in Mexico on vacation that always ends too soon, and decide to make it your permanent reality – your home?

 

 

It is estimated that around 1 million American citizens live in Mexico, and the number keeps increasing every year. The Riviera Maya, a region on the Mexican Caribbean coast, has been especially popular among retirees and families. Each family has different reasons to move to Mexico, but those who move to the Riviera Maya, and especially Tulum, often do so to run away from their daily stress and to immerse themselves in the relaxing, easy-going atmosphere of the Caribbean. Many also choose Tulum because it offers the fastest-growing real estate market in the world.

Here is some basic advice to everyone who is planning to relocate to Mexico.

  1. Buying property in Mexico as a foreigner

There are simple procedures that all foreigners have to follow when they buy property in Mexico, especially in the coastal regions. A foreigner buying land in Mexico within 32 miles (50 km) from the coastline has to use a bank trust (fideicomiso) or establish a Mexican corporation to complete the purchase.  You can choose your bank – HSBC, Scotia bank, Banamex (Citigroup), etc – that will act as your trustee, with you maintaining full control over the trust: you will be able to lease, sell or pass the property on to your heirs. Make sure you choose a trustworthy local real estate agency that will take care of all the steps of buying your property.

  1. Becoming a resident in Mexico

If you are coming to Mexico as a tourist, you don¹t need any visa – you will simply get entry permit as a visitor at the border, usually for 180 days, with no permission to work. In order to apply for Mexican residency, you must do so before going to Mexico at the Mexican embassy or consulate.

Temporary resident visa is issued for up to 4 years, and is meant for those who wish to spend more than 180 days in Mexico per year – it¹s perfect if you own a second home in Mexico. You would need to show monthly income of at least $1,553 per person and at least $520 per month per dependent. You can also get temporary resident¹s visa by showing a bank statement with a balance of about $25,880. There is also a way to get your temporary status by proving you own property in Mexico that has the value of $207,046 or more. When temporary residence card expires, you have to either leave the country or apply for permanent residency.

If you decide you are moving to Mexico permanently, you can apply for permanent residency immediately. The process will be similar as applying for temporary status, but you will have to show higher levels of income: investments with approximate monthly balance of around $103,523 over 12 months or monthly income of $2,588 per person over 6 months.

 

  1. Cost of living

 

The cost of living in Tulum and the Riviera Maya depends strictly on your lifestyle. For example, the cost of renting a property on the beach can be a few times higher than a few blocks inland, while still being a few minutes away from the beach. Also, Tulum is full of expensive gourmet restaurants – but also has plentiful local markets that are very affordable. So it¹s completely a choice of each family how to spend their budget. Similarly, you can spend $2,000 for a fancy penthouse condo in Playa del Carmen or $500 for a lovely one-bedroom in Tulum. Utilities – not cheap in Mexico – would come down to about $300 per month, groceries would cost around $400, and a maid would come down to about $60 (once per week). Thus it¹s safe to say that $2,000 budget per couple per month would be sufficient to lead a comfortable life in Tulum

 

  1. Safety

Is Mexico safe? That¹s a thought that often crosses the mind of many would-be retirees in Mexico. Mexico, in fact, is considered to be one of the best countries for expats in the world. InterNations, which is a popular expat website, named Mexico as a top place to move to because of quality of life, ease of settling in, work opportunities, family life, personal finance and general satisfaction with life. Certainly, every foreigner in Mexico should exercise common sense and caution, as anywhere in the world. Touristy regions as the Riviera Maya are completely safe, but such violent states as Guerrero, that includes Acapulco, the once-glamorous beach town, are not recommended at all.

  1. Healthcare

Mexico offers great and affordable universal healthcare, and its private healthcare is amongst the most affordable in the Western hemisphere. Locally, there are a few smaller hospitals in Tulum and modern healthcare centers in Playa del Carmen and Cancun.

 


Jeff ArmstrongAugust 18, 2016
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3min98

 

Bringing the splendor of Sant’Agata Bolognese to Oxfordshire, Lamborghini celebrates past and present at this year’s Salon Privé, with activities including concours entries, a debut and supercar test-drives.

With cars to admire, marvel at, and even test drive, there’s something for all Lamborghini fans, and Salon Privé is delighted to announce the full Lamborghini event plan for its amazing event from the 1st to 3rd September.

Salon Privé and Lamborghini PoloStorico, the marque’s heritage division, will be celebrating the 50th anniversary of the Lamborghini Miura, universally regarded as the first-ever supercar. With its own class in the prestigious Chubb Insurance Concours d’Elégance, 50 Years of the Lamborghini Miura will see over ten of the world’s best examples entered into the Miura-only category, with two examples making their way from the USA in order to compete.

As part of the celebrations, the PoloStorico division will display the iconic one-of-one Lamborghini Miura Roadster, which will take pride of place on the lawns of Blenheim Palace.

 

Also on display as part of the 50 Years of the Lamborghini Miura class celebrations is the original Miura SV shown at Geneva Motor Show in 1971. It will be showcased at Salon Privé following its recent comprehensive restoration by Lamborghini PoloStorico. The unique pre-production model was originally built with parts of the Miura S, but incorporated pioneering features that would be seen on later SVs.

Not to be outdone, the Pirelli-backed Prestige & Performance Competition on Saturday 3rd has its own Diablo-only class,The Diablo Tribute, where a 2000 6.0 VT Final Edition will battle it out in the modern-day concours against nine other entrants, including chassis number 001 SVR, the first of just 31 racing versions produced, a limited-edition SE30 30thanniversary model and also a VT Roadster.

Throughout the event, Lamborghini’s official Birmingham dealership will manage guests’ test drives in the rear-wheel drive Lamborghini Huracán and its four-wheel drive equivalent, as well as the Spyder version. The 15-mile test-drive opportunity is part of Salon Privé’s ‘see it, test it, drive it’ experience. Salon Privé is the only event of its type that allows its guests to drive cars on the public road in the UK.


Jordan KensingtonJuly 7, 2015
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5min53

As I walked out of the taxi, I was greeted by a gorgeous lady called Portia followed by a rather discerning gent called Graham and then the tour began. I walked into the bar and was immediately introduced to mixologist, Antoine Paichard who runs the cocktail bar at Turntable; London’s brand new food & drinks offering which seems to have emerged on 7-9 Norwich Street fully formed out of a time capsule sealed in the last century. Perfect! ”Donnez-moi votre boisson forte , il a été une longue journée ?” That is French for ”Give me your strongest drink, it has been a long day?” A few minutes later, one of the most delightful cocktail mixtures was served. It was so good, i have to admit i called it ‘The One’ throughout the evening.

As we were escorted by both a happy Remi ( who is a qualified surgeon by profession) and Graham (an ex-city banker) to the dinning area. I started to gather why this new establishment chose the brand name ‘Turntable’.

For those who are more digitally inclined…Let me explain…Long before the tape decks, CD’s and MP’3’s we had the Turntable.. ‘a device used to play vinyls’. The days when the ‘needle’ etched or impressed into the surface of a rotating vinyl was enough to give you the track-list to your entire social existence…Oh those where the good old days.. I digress, because stood in-front of my eyes was an adventure back to an era which could never be forgotten. This was only punctuated by a firm handshake from owner/founder Suresh, who insisted that his passion for music, food and a common destination in London where people can relax, eat, drink and may be cut a few shapes was the main driving force behind the launch of Turntable. Now, i couldn’t agree more but with such an eclectic and fun looking space in the heart of London. One had to only wonder whether the cuisine would live up to the standards… Enter Chef Darren Williamson who reassured us that our mission impossible was in fact very possible indeed as he was fully in charge of the kitchen and responsible for bringing home South Asian street food to Turntable. ”Darren is a veteran at what he does and passionate about food” said Remy. “Say no more” was my response as the creative menus which are accompanied by pens (a little ‘course’ treat, which i think will make you smile) were handed to us.

Now, after a steady stream of cocktails..and with a rather tantalising menu it was fair to say that we were spoilt for choice so we did what anyone in their right minds will do faced with the same situation..Yes, you guessed it.. Choose everything. “Let’s have it all” Graham whispered confidently and a few minutes later a plethora of delicious food arrived. The combination was fantastic and for a new offering i must say it is already putting up quite a challenge and for all you Chelsea Monthly special invitees to the National Luxury & Lifestyle Awards 2015 stay tuned for some exciting news as regards an imminent partnership coming soon.

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Our Verdict: London needs something different and what we have here is a think outside the box restaurant/bar/club concept which seems to have filled the gap perfectly.Situated in the trendy district of Holborn, the spacious 150 capacity two-storey venue, with it’s authentic South Asian street food menu, alongside a classic mix of Soul, Motown Funk, Old School Hip Hop and R&B music will definitely stand the test of time. So, the table has officially turned.. Make sure you book yours at Turntable in the near future!

Turntable is located on 7-9 NORWICH STREET EC4A 1EJ

For Reservations: 020 7112 9179


David CarriganJanuary 18, 2014
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4min53

Today saw the sale of a stunning rare 6 litre “Imperiale” version of the highly sought after Macallan M – the world’s most sophisticated single malt whisky, contained within a beautifully designed and meticulously crafted crystal decanter, for US$628,000 / GBP£381,620 at Sotheby’s in Hong Kong.

 

M represents a masterpiece created from the collaboration between three masters of their crafts; Fabien Baron, Founder and Creative Director of Baron & Baron, Silvio Denz, President and CEO of LALIQUE and Bob Dalgarno, Whisky Maker at The Macallan.

 

To celebrate the conception of and its global launch in Hong Kong, four 6-litre Imperiale decanters were specially crafted by LALIQUE for The Macallan. These are the largest decanters ever made by LALIQUE.  Each decanter required the work of 17 craftsmen, including two with the prestigious title, “Meilleur Ouvrier de France”, with each taking over 50 hours to complete.

 

Of the four, two will be archived by The Macallan and one has been committed to a private collector in Asia.  The fourth, Constantine (named, as are the other three, after Roman emperors), uniquely features the engraved autographs of the three principal creators – LALIQUE/Silvio Denz, Fabien Baron and Bob Dalgarno.  This highly collectable creation was made available as part of the Finest and Rarest Wines and The Macallan auction by Sotheby’s in Hong Kong on Saturday, 18 January 2014.

 

David Cox of The Macallan commented : We are absolutely delighted at the generosity of the successful bidder of the “M” 6L decanter Constantine in securing such a wonderful contribution to a number of Hong Kong charities and at the same time setting a new world record for The Macallan. It is testimony to the craft, quality and passion underpinning the creation of this great decanter.  It is a very proud moment for us”.

The Macallan is one of the world’s most sought after and collectable whiskies, sitting at the top of the auction index for whiskies and holding the current Guinness World Record™ for the most expensive whisky ever sold at auction, in 2010 in New York, The Macallan 64 years old in LALIQUE Cire Perdue at US$460,000 / GBP£288,000.

Silvio Denz of LALIQUE said, “This new world record at US$628,000 / GBP£381,620 highlights the uniqueness of the decanter and the remarkable quality of The Macallan single malt.  Its creation is a tremendous achievement due to the unprecedented size, weight and completely new shape.  After the Guinness World Record achieved by The Macallan in LALIQUE Cire Perdue in 2010 at Sotheby’s New York, this exceptional figure underscores the interest and value of such extraordinary decanters”.

Robert Sleigh of Sotheby’s Hong Kong, “The Macallan M decanter 6 litre Imperiale brought global interest from bidders  who were attracted by the combination of the unique opportunity and exceptional quality bringing a new world record for single malt whisky as well as benefiting Hong Kong charities.

 

All net sale proceeds will be donated to a host of local charities in Hong Kong.

 



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