Posted on Nov 26, 2018

BuyPlaya Real Estate Advisors

Can foreigners actually own property in Mexico Yes! Today, Mexican laws provide foreigners the capability to own real estate in Mexico. There is, nevertheless, a Restricted Zone that extends 50 km inland from the coastline. Outside the Restricted Zone, a foreigner may get land and be direct owners of the property with all the rights of a Mexican national in compliance with Mexican Law. Inside the Restricted Zone, there are 2 options for foreigners who want to buy real estate. Considering that 1973, foreigners have had the ability to purchase seaside property through a Mexican bank trust, known as a Fideicomiso. For more information visit https://www.buyplaya.com/FAQs_About_Mexico_Real_Estate/page_1764275.html https://goo.gl/TDs1wK