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
Mexican Corporation
A Mexican Bank Trust vs. a Mexican Corporation
After selecting a property and signing-off on the Offer & Acceptance – Promissory – Purchase/Sales Agreements, it’s time to move forward in the closing on your investment. There are a few decisions on how to hold title on your new property in Mexico. Depending on any current or future plans you may be … [Read more...] about A Mexican Bank Trust vs. a Mexican Corporation
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