Learn About Buying Property in México
Buying freehold property in México is secure and established. Foreigners are able to buy freehold property directly in most parts of México; however under Mexican law border and coastal property purchases by foreigners are executed by the holding of a Trust or ‘Fideicomiso’.
This is a tool to secure foreign ownership and is administered by an independent bank of the purchaser’s choice, on behalf of the beneficiary (the owner). The beneficiary has the full rights of ownership, as with a directly acquired property, including selling, borrowing money on, letting or bequeathing the property. Should the purchaser wish to sell, the new owner simply takes over as the trust beneficiary.
BUYING AND BUILDING YOUR TROPICAL DREAM HOME IN MEXICO WITH THE HELP OF LAGOS DEL K’IIN HAS NEVER BEEN EASIER!