Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Real Estate in Mexico

Anti-Money Laundering Laws Part II

The concept of money laundering regulations goes back to ancient times and is intertwined with the development of money and banking. Money laundering is first seen with individuals hiding wealth from the state to avoid taxation or confiscation or a combination of both. In China, merchants around 2000 BCE would hide their wealth from rulers who would simply take it from them and banish them. In addition to hiding it, they would move it and invest it in businesses in remote provinces or even outside China.

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Federal Criminal Code

Money Laundering Laws in Mexico

Money laundering is considered to be the crime of operations with resources from illegal origins under article 400-bis of the Federal Criminal Code. The money laundering offence is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization, and the Federal Criminal Procedures Code, which considers the money laundering offence to be a serious offence and thus limits the ability of any defendant to obtain release prior to conviction.

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Money Laundering, Virtual Assets & Cryptocurrencies

Anti-Money Laundering Laws in Mexico 2018 – 2020

Money laundering is considered to be the crime of operations with resources from illegal origins under article 400-bis of the Federal Criminal Code. The money laundering offense is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization, and the Federal Criminal Procedures Code, which considers the money laundering offense to be a serious offense and thus limits the ability of any defendant to obtain release prior to conviction.

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Real Estate and

Mexico’s Anti-Money Laundering Regulations

Money laundering is considered to be the crime of operations with money from illegal means under article 400 of the Federal Criminal Code. The money laundering offense is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization. The Federal Criminal Procedures Code considers money laundering offense to be a serious, and they limit a charged defendant the ability to obtain release on bail prior to conviction.

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