Many people are unaware that with the right information and assistance, easy ownership in Mexico is possible even when purchasing a beachfront property! The first step is to learn all about the process of foreign ownership in Mexico. And then, to find the services of experienced professionals who can assist you with the process of buying property in Mexico, safely and efficiently.
If you are interested in easy ownership in Mexico, it's important to understand the restricted zone this means land within 50km of the coastline or 100km of an international border. According to Mexican law, only citizens of Mexico are allowed to own and purchase property in this area. However, a foreigner may purchase it legally through establishing a Mexican corporation or a bank trust in Mexico, as determined by the Mexico Foreign Investment Law, first introduced in 1971.
To learn how this works, and how you can use it to own property in Mexico, download our free ebook Ownership In Mexico: Everything You Need To Know About A Bank Trust. This ebook includes:
- What is a bank trust
- Why a bank trust allows you to own a property in the restricted zone
- What is the difference between a bank trust and a Mexican corporation
- What is a promissory contract and how to use it
- What method is best when buying more than one property
The best way to protect yourself and ensure that you follow the right path to easy ownership in Mexico is to have the right people by your side.
With the information included in this free eBook and the assistance of our team at Top Mexico Real Estate, your real estate experience will be hassle-free!