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As foreigner, can I acquire Real Estate Property in Mexico?

April 26, 2017acquire foreigner mexico Property Real Estate

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As foreigner, can I acquire Real Estate Property in Mexico?

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Yes, you can acquire Real Estate Property as a Foreigner in Mexico.Property in Mexico can be legally owned by foreigners. If you buy Real Estate property outside of the restricted zone (which is defined on article 2 fraction VI of the Foreign Investment Law as the area of the national territory located a hundred kilometers from the borders and fifty kilometers from the coastline) you are allowed to own the property and hold title on your name without a Bank Trust (Fideicomiso) or a Mexican Corporation.This grants you nearly the same rights you receive when you purchase property in many parts of the world.