{"id":251,"date":"2009-07-12T11:57:36","date_gmt":"2009-07-12T04:57:36","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=251"},"modified":"2014-11-03T03:01:48","modified_gmt":"2014-11-03T09:01:48","slug":"mexico-real-estate-purchasing-process-the-foreign-relations-permit","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2009\/07\/mexico-real-estate-purchasing-process-the-foreign-relations-permit\/","title":{"rendered":"Mexico Real Estate Purchasing Process;  The Foreign Relations Permit"},"content":{"rendered":"<p>If the <a href=\"https:\/\/www.topmexicorealestate.com\" target=\"_blank\">Mexico real estate<\/a>\u00c2\u00a0property you are purchasing is already in a trust (<a title=\"Mexico Real Estate Purchasing Process;  The Foreign Relations Permit\" href=\"https:\/\/www.topmexicorealestate.com\/blog\/2009\/07\/mexico-real-estate-purchasing-process-the-foreign-relations-permit\/\">fedeicomiso<\/a>) you may either: request assignment of the rights to you, or may request a new trust for fifty years If a new trust, a permit from the Secretary of Foreign Relations is required Whether a new trust or an assignment of rights, the deed in the new buyer&#8217;s name must be registered in the National Foreign Investment Registry<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" style=\"float: left; margin: 5px;\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/Homes%20Monopoly\/s_house-1.jpg\" alt=\"la paz real estate\" width=\"348\" height=\"242\" \/>When considering a new trust or an assignment of rights here in the <a href=\"https:\/\/www.topmexicorealestate.com\/lapaz-real-estate\/\" target=\"_blank\">La Paz real estate<\/a> market, the factors we consider are: 1. Remaining term of the existing trust &#8211; when will it need to be renewed ; and 2. &#8211; What are the annual fees under the existing <a href=\"https:\/\/www.topmexicorealestate.com\/blog\/category\/mexico-fideicomiso-how-to-buy-real-estate-in-mexico-2\/\" target=\"_blank\">Mexico bank trust<\/a> If the permit has an unexpired term of less than fifteen or twenty years and\/or the annual bank administration fees are more than $500.00 U. S. Dollars, it probably makes sense to obtain the permit for a new fifty year trust with a bank offering more attractive fees<\/p>\n<p><em>Author <strong>Linda Neil<\/strong> has over 35 years of hands on experience in all aspects of Mexican real estate. She holds membership in AMPI, NAR, and FIABCI and PROFECO Certificate 00063\/96. Current member of the national advisory board of AMPI she is the owner broker of LINDA NEIL PROPERTIES for more information <\/em>(512)-879-6546 <strong><em>THE<\/em><\/strong><a href=\"https:\/\/www.topmexicorealestate.com\/\">www.<span style=\"color: #ff0000;\">TOP<\/span>mexicorealestate.com<\/a> <strong><em>NETWORK<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;<strong>Mexico s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely<\/strong><\/em><em><strong>!<\/strong><\/em><\/p>\n<table id=\"table1\" border=\"2\" width=\"80%\" align=\"center\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td>\n<p align=\"center\"><strong>Want more Articles <\/strong><\/p>\n<p><a title=\"Subscribe to Top Mexico Real Estate\" href=\"https:\/\/www.topmexicorealestate.com\/z-registration-blog.php\" target=\"_blank\">Receive articles direct to your inbox. SUBSCRIBE HERE<\/a><\/td>\n<td>\n<p align=\"center\"><strong>Want to see Real Estate <\/strong><\/p>\n<p><a title=\"La Paz Real Estate Listings\" href=\"https:\/\/www.topmexicorealestate.com\/lapaz-real-estate\/\" target=\"_blank\">See properties for sale in my region. CLICK HERE<\/a><\/td>\n<td>\n<p align=\"center\"><strong>Want to learn more <\/strong><\/p>\n<p><a title=\"Mexico Real Estate Listings\" href=\"https:\/\/www.topmexicorealestate.com\/content-index.php\" target=\"_blank\">Where &amp; How to buy real estate in Mexico. CLICK HERE<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><a href=\"http:\/\/www.copyscape.com\/\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/banners.copyscape.com\/images\/cs-gy-234x16.gif\" alt=\"Page copy protected against web site content infringement by Copyscape\" width=\"234\" height=\"16\" border=\"0\" \/><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the Mexico real estate\u00c2\u00a0property you are purchasing is already in a trust (fedeicomiso) you may either: request assignment of the rights to you, or may request a new trust for fifty years If a new trust, a permit from the Secretary of Foreign Relations is required Whether a new trust or an assignment of [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":13508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[77,306,301,13],"tags":[469,96],"class_list":{"0":"post-251","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-how-to-buy-real-estate-in-mexico","8":"category-mexico-fideicomiso-how-to-buy-real-estate-in-mexico-2","9":"category-mexico-purchasing-process","10":"category-mexico-real-estate-tips","11":"tag-la-paz-real-estate","12":"tag-mexico-bank-trusts","13":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=251"}],"version-history":[{"count":2,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/251\/revisions"}],"predecessor-version":[{"id":9267,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/251\/revisions\/9267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media\/13508"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}