
15 Mar
Can a USA or Canadian citizen own real estate in Puerto Vallarta?
As Beneficiary, you have the same rights, use and enjoyment as a Mexican National,
Permits needed to buy Real Estate in Mexico

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

Mexico real estate is regulated by several government bodies one of which is the Agrarian Minsitry (Secretaria de la Reforma Agraria) who published an official notification in the Mexican Official Gazette whereby the Agrarian Ministry commenced the delimitation and measurement of approximately 450 thousand hectares of national territories located in the Tulum Real Estate zone within the [...]

THE MEXICO REAL ESTATE BUYING PROCESS PART II (Fideicomiso or FOMC)
This is a continuation of my previous post- Buying in The Yucatan Real Estate Market
While touring Yucatan properties with your agent, you will want to engage in a conversation about Fideicomisos and FOMC (Foreign Owned Mexican Corporations) to determine which is the best vehicle for [...]

Article 27 of the Constitution of the Republic of Mexico prohibits foreign ownership of real property located within 30 miles of any coastline or 60 miles of either border This is referred to as the Mexico restricted zone
Owning within the Mexico Restricted Zone
In 1973, recognizing that many Americans would enjoy the rights of ownership, and [...]

All too often citizens of the United States, Canada and other countries ASSUME that property purchases are carried out automatically in Mexico in a manner similar to that of their native countries The first law of property purchase in Mexico is DON`T ASSUME anything! Purchasing property is NOT the same as in other parts [...]
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