In Mexico, expats are not able to own real estate that is located within 50 kilometers of the coast or international border. A great alternative to buying real estate is a timeshare club. People that are investing their money into a timeshare are buying the right to use the vacation residence for a set time every year. Are you interested in learning more about timeshares? If you are, then you should also know Mexico laws give legal rights to members to cancel their contract during a cooling off period, which occurs in the few days after a new member has signed the contract. Unfortunately, timeshare scams occur in Mexico, so read below to learn more how you can avoid becoming a victim of a timeshare scam.

Avoiding Mexico Timeshare Scams

To avoid Mexico timeshare scams, you must only work with a reputable provider. Tafer Hotels & Resorts is a reputable provider that has thousands of satisfied members. They have almost four decades of experience in the industry. Plus, their sales representatives are not pushy nor will they be aggressive to any potential member. To learn more about Tafer Hotels & Resorts, simply sign up to attend their sales presentation and resort tour. They also provide a point system for their members. Members can use points to upgrade accommodations, get spa treatments, and more.

Tour A Resort In Person

Another way to avoid a Mexico timeshare scam is to always tour a resort in person. If a sales representative only shows you brochures, but doesn’t offer to take you to the resort in person, then this is probably a scam. The resort may have issues or there may not even be a resort at all. Before you invest your money, contact a reputable provider like Tafer Hotels & Resorts. They operate the luxurious Garza Blanca Resorts. They have stunning resorts in popular beach locations including Puerto Vallarta, Cancun and Cabo. Plus, a new resort in the Riviera Maya is currently under construction as well.

Read Contract Thoroughly

Another way to avoid a Mexico timeshare scam is to read the contract thoroughly before you sign it. Once you start talking to a sales representative and they give you any documents, make sure you take those documents with you, so you can read them later. You can also take the membership contract to an attorney, so they can make sure there isn’t any fraud. If the contract is in Spanish, then have them translated to English. You should also research the resort to see if there are any complaints. You can also check the Better Business Bureau, too. These are great tips to prevent becoming a timeshare scam victim.

Contract Cancellation Rules

In Mexico, all new vacation club members will have 5 to 14 days to cancel their contract after they have signed the membership contract. This is known as the cooling off period. You are legally able to do this without having to pay any penalties. You should contact your provider if you want to cancel your contract. Also, you should stay away from any outside companies as this is where many Mexico timeshare scams happen. You will need to write to your provider to cancel as well. Once your timeshare is cancelled, your provider has 15 business days to give you a refund.

It is very important that you always invest in a timeshare provider that is reputable in Mexico like Tafer Hotels & Resorts. They have the best accommodations, amenities, and services. Garza Blanca Resorts is with the Tafer Hotels & Resorts family, so you can spend vacation time at any of their resorts, too. They also have COVID safety protocols in place to keep vacation club members safe. Contact them today to find out if you are eligible to join their exclusive vacation club.