As soon as you tell people you want to buy a home in Mexico, you will receive many opinions. They will say it is a difficult time, a risky investment. Or they will give you reasons without reliable facts from reliable sources. They will say that its imposible that foreigners can own property in Mexico. In this … [Read more...] about Yes, Foreigners Can Own Property in Mexico
Bank trust
How to Purchase Property in the Riviera Maya Using a Bank Trust
Not everybody knows that foreigners can own beachfront real estate in Mexico and that the process is 100% legal and safe. A foreigner can purchase property in two ways: through a bank trust (Fideicomiso) or by registering a company in Mexico. Today we will talk about the bank trust. Restricted Zone Under the Mexican … [Read more...] about How to Purchase Property in the Riviera Maya Using a Bank Trust
Mexico Real Estate – Signing Your Title Deed
What may seem like an eternity has passed, and everything is finally ready for you to sign your title deed! The construction is complete, the title search is clear, the corporation or bank trust has been completed, all the certificates have been received, the Notary Public (Notario Publico) will prepare your title deed … [Read more...] about Mexico Real Estate – Signing Your Title Deed
The Reason Why the Bank Trust and the Restricted Zone are Related
As we have mention before on our past article about the purchasing process, there are some extra requirements for foreigners who want to buy a property in Mexico. Some of these demands happen when you want to acquire a property or a land in the restricted zone. Below, we will explain in detail what is the restricted … [Read more...] about The Reason Why the Bank Trust and the Restricted Zone are Related
The Bank Trust
No foreigner can acquire land directly in Mexico. It is something that is mentioned in the Mexican constitution. So what is the way for foreigners to acquire land? In this region in particular we call it restricted zone. It´s an area of land that comes from the ocean in 50 km, from the borders in 100km, so wittin that … [Read more...] about The Bank Trust
Mexican Corporation vs. Bank Trust
There was once a time when Canadians and Americans were not allowed to buy property in Mexico that was 50 km from any coastline or 100 km of a neighboring country. This zone meant that nobody other than Mexican nationals were allowed to invest in lands located within these areas. However times have changed and the … [Read more...] about Mexican Corporation vs. Bank Trust
What Everyone Needs to Know about the Rejection of the Bank Trust Amendment – Interview with John Glabb
On Monday we brought you the news that the proposed amendment to the Bank Trust law in Mexico had officially been rejected Since then we got in touch with John Glabb, Vice President of International Marketing at The Settlement Company in Mexico, who was first to report the news to the media last week. John … [Read more...] about What Everyone Needs to Know about the Rejection of the Bank Trust Amendment – Interview with John Glabb