Are foreigners permitted to acquire property in Punta Chivato, Baja California Sur, Mexico?
Yes, foreigners may acquire property in Punta Chivato, Baja California Sur, Mexico. However, if the property lies within a “restricted zone” such as along borders or in coastal areas, it must be purchased via a legal instrument called a “fidei comiso” or, bank trust. This trust gives you, the beneficiary of the trust, the same rights and obligations as full ownership.