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
Fideicomiso
FIDEICOMISO: FAQ’s
Here in Top Mexico Real Estate, we deal with international customers on a daily basis; and often we find there is a lot of questions regarding the Fideicomiso. For that reason we compiled this list of frequently asked questions about the Fideicomiso and its functions, hoping our customers find it useful. What is a … [Read more...] about FIDEICOMISO: FAQ’s
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
Despite Anticipated Law Changes – Here’s why you Might Still Consider a Bank Trust for your Mexico Real Estate Investment!
Many people are excited at the possibility that soon you may no longer be required to hold a bank trust (Fideicomiso) to own coastline real estate in Mexico. But here is a good reason why you should not throw the bank trust option out the window just yet! Some people associate the added step of the bank trust to be … [Read more...] about Despite Anticipated Law Changes – Here’s why you Might Still Consider a Bank Trust for your Mexico Real Estate Investment!
What Happened to the New Mexican Bank Trust Law? Where did it go?
In the first quarter of 2013, we released the great news about new initiatives and law changes designed to abolish the Mexican bank trust law, which has been legal loophole allowing foreigners to legally own property in the restricted zones of Mexico! While the Mexican bank trusts are both a safe and a … [Read more...] about What Happened to the New Mexican Bank Trust Law? Where did it go?