PROPERTY OWNERSHIP IN MEXICO

The Mexican government recognizes that foreign investment is crucial for the Mexican economy. The process of changing outdated policies that limited foreign ownership of property in Mexico began in the early 1970’s, and was completed in the early 1990’s. Foreigners can now own property anywhere in Mexico, and title insurance and escrows are available.

Many Americans still believe that they cannot own real estate in Mexico, and that they can only obtain a lease. Fortunately, 100% ownership has replaced land leases. Changes in Mexican law, including NAFTA in 1994 and the Foreign Investment Law of 1993, now allow Americans and other foreigners to own real estate. A renewable 50 year bank trust (Fideicomiso) is created with you, the American owner, as the beneficiary. You can live on the property, sell it whenever you want, or pass it on to your heirs.  The bank trust is renewed every 50 years, meaning you and your heirs own the property until you decide to sell. Bank trusts are used to guarantee the owners (beneficiary) of the trust absolute control over their assets, and the trust arrangement does not limit your rights to the property in any way. The Fideicomiso has been established as a secure form of ownership and has facilitated billions of dollars worth of property transactions.

Thousands of Americans own property in Los Cabos, Cancun, Puerto Vallarta, and other areas of Mexico. Some very sophisticated international investors, after careful research, are buying properties in the $3 to $10 million range in Los Cabos.

Ownership of Mexican property is a way to diversify your portfolio with an investment you can truly enjoy.