Main Content
FAQ
Frequently Asked Questions For Buying a Home in San Miguel de Allende
We found a home we love and want to submit an offer, but we’re in San Miguel another month before we return to our bank in the U.S. to be able to send the 10% down payment money. Will that pose a problem?
Potentially. Most banking institutions in the U.S. will not allow a long-distance request for a wire transfer unless you have set up paperwork in advance allowing wire transfers. One alternative is to speak with your investment portfolio manager prior to arriving in Mexico and confirming if you can wire about 10% of your budgeted purchase amount just through an email or phone request.
Another option is to ensure you bring your RSA wireless token that will allow you to send a wire transfer from your online banking portal while sitting at your laptop here in San Miguel.