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Mexico Fideicomiso / Bank Trust

In Mexico, when a non-Mexican purchases property within the restricted zone, the non-Mexican has the choice to aquire the property using either a Mexico Bank Trust, or establishing a Mexico corporation who then acquires the asset. The restricted zone is an area of 50 km from any coastline and 100 Km from any country border such as United States, Beliz, and Guatemala.

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Buy Mexico Real Estate Safely – What is a Fideicomiso?

December 8, 2011 BB Kits

In this brief article, the idea of a “Fideicomiso,” or “Bank Trust,” is briefly discussed.  This bank trust allows non-Mexicans can buy Mexico real estate in the “restricted zones.”  There are 3 main points to cover:

If you are buying in the “restricted zone” a bank trust is obligatory (see definitions below)
If you are buying outside [...]

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THE FIDEICOMISO (MEXICAN BANK TRUST) CONTROVERSY and FORMS 3520 and 3520A is it? or is it not??

November 2, 2010 How to Buy Property in Mexico

Per Internal Revenue Code Section 6048 any trust established in a foreign country including the Mexico real estate region or its US beneficiary must file certain forms with the  US department of the treasury (Internal Revenue Service) each year..

Forms 3520 and 3520A must be filed by anyone who holds an [...]

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What are my selling costs on Real Estate in Puerto Vallarta?

April 17, 2010 Mexico Closing costs

Selling a property here is a complicated business and mistakes can be costly and must be avoided.

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Can a USA or Canadian citizen own real estate in Puerto Vallarta?

March 15, 2010 How to Buy Real Estate in Mexico

As Beneficiary, you have the same rights, use and enjoyment as a Mexican National,

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