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| Frequently Asked Questions |
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Investing in real estate has always been an excellent investment option.
Throughout history, great personal wealth has been attained through real
property ownership, but for most of us, it has been limited to investment
in a primary residence. While Mexico real estate can be a lucrative investment,
some foreign investors may feel uneasy about buying "south of the border."
Q: Can a USA or Canadian citizen own real estate in Mexico?
A: Yes, by placing the property in a bank trust. (Fideicomiso)
Q: Can I own property near or in front of the ocean?
A: Yes, laws passed in 1973 and 1993 have made it possible for
foreigners, foreign firms, and Mexican firms with foreign participation
to acquire interests in coastal real estate through a bank trust.
Q: Who is involved in a bank trust?
A: Three parties. The seller of the property is the Trustor,
the bank is the Trustee (Fiduciario), and the buyer is the Beneficiary (Fideicomisario.)
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