Realestate

Coastal or Border Property

The Mexican Constitution prohibits direct ownership by foreigners of real estate within 100 kilometers (about 62 miles) of any border, and within 50 kilometers (about 31 miles) of any coastline. In order to permit foreign investment in these areas, the Mexican government has created a trust mechanism (contrato de fideicomiso) in which a bank has title to the property, but a trust beneficiary enjoys the benefits of ownership. The Bank Trust Agreement (contrato de fideicomiso) allows for renewable long term leases that may be sold or enjoyed by your heirs.

Ejidal Land Anywhere

If you have ever thought of investing or have invested in Mexican real estate you have probably heard the word “presta nombre” used. But what is a “presta nombre”? Most people that I have talked to or worked with that have used a “presta nombre” describe it to me as “the man (or woman) whose name my property is in”. In short, it consists of buying a property and putting it in someone else’s name. But why would anyone want to do this? And the bigger questions, is this legal?

This Website pages

On-Going Annual Obligations

Ejidal Property

Real Estate & the Law in Mexico

Banks, Trusts & Trust Fees

Can I Buy Ejido Land?

Ejido – Taking Away the Fear for Foreigners

Owning Land in Mexico

 

External Realestate Info

Buying Property in Mexico

Foreigners Purchasing Real Estate in Mexico

Realestate in Mexican Law

AMAZON BOOKS