Car Crisis

Not to let things get too idylic, the following e-mail arrived today. By way of background, people who live here and buy property here typically file with the Mexican government for an FM-3. This is a migratory document that allows you to live here full time if you have sufficient income but you are not allowed to work here. It is mainly aimed at retirees. Two of the perks of having an FM-3 are (or should I say were) that if you buy property here and spend more than 6 months here you can sell your property and not pay any capital gains taxes. In addition, each holder of an FM-3 is allowed to bring one car or truck from outside the country and assuming you properly register it with the Mexican government at the border, you are allowed to keep it here as long as you are a resident.