I have been putting together various posts on the processes involved on how to buy Mexico real estate. You can see the previous posts on this series by clicking here Mexico Dream Home Below I will start to discuss the Mexico Bank Trust
Payment of the purchase price is not enough In order to have [...]
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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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