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 (fideicomiso)
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
Amendment to Mexican Bank Trust Law Rejected on a Technicality
After last year’s seemingly promising announcement of the law amendment regarding the fideicomiso (Mexican Bank Trust), some Americans and other foreign buyers remained in wait and see mode before commiting to purchasing real estate in Mexico, hoping that the expected law change would come soon enough. While … [Read more...] about Amendment to Mexican Bank Trust Law Rejected on a Technicality