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Can Foreigners Buy Property in Mexico?
Yes! There are, of course, legal steps to follow when buying property in Mexico as foreigners but with our help and guidance, we will keep the process simple and fully understood.
What is a Fideicomiso?
  • Equivalent to an American beneficial trust  through a Mexican bank in order to purchase real estate anywhere in Mexico, including the Restricted Zone.
  • When buying property in Mexico as a foreigner, the buyer requests the Mexican bank of his/her choice to act as a trustee on his/her behalf.
  • The bank, as a matter of normal course, obtains the permit from the Ministry of Foreign Affairs to acquire the chosen property in trust.
  • The Trust term is 50 years and can be automatically renewed for another 50 year period. 
  • During these periods you have the right to transfer the title to any other party, including a member of your family.
  • The bank becomes the legal owner of the property for the exclusive use of the buyer/beneficiary who has all the benefits of a direct owner, including the possibility of leasing or transferring his/her rights to the property to a third party or to a pre-appointed heir.
  • The bank ensures precise fulfillment of the trust, according to Mexican law, assuming full technical, legal and administrative supervision in order to protect the interests of the buyer.
  • “Fideicomisos” are not held by the trustee as an asset of the bank.
  • More Mexican Nationals are opting to purchase with a Bank trust because it clearly states who they wish to become their beneficiaries in the event of death.
  • The Trust works as a will and testament for the property purchased and saves time and money by avoiding a lengthy probate case (which can be up to 3 years in Mexico).
Can the government just take my land away?

No! No property controlled by foreigners through a properly constituted fideicomiso bank trust—the instrument used by foreigners to hold beachfront residential property in Mexico—can be repossessed by the Mexican government.

Do I Need A Temporary Or Permanent Resident Card In Mexico?

If you do not plan to stay in Mexico for more than 6 months at any time then no, you don’t.

How Do I Get A Mexican Resident Card?

We have a trusted attorney who will guide you through the process. We facilitate the process for you and the process takes less than a week to be completed.

Can Foreigners Get A Mortgage In Mexico?
  • Yes! Currently financing is available for citizens of Mexico, the USA, Canada, the UK and Spain.
  • There are financial institutions that work locally and have been improving the quality of service, speed of the transaction and lowering the interest rates to attract more buyers.

There are details of the most reputable brokers in my Affiliations section.

Can Foreigners Open A Bank Account In Mexico?

Yes and we recommend doing so to make transactions with ease. We are a team that will help expedite this process for you.