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Can a non-Mexican buy beachfront property??

April 26, 2017Beachfront buy non-mexican Property

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Can a non-Mexican buy beachfront property??

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The bank trust system is a mechanism that facilitates the purchase of beach front property for non-Mexicans. A bank (like Banamex, owned by U.S. Citibank) olds the property title in trust for foreigners. You have full rights of ownership. This system has worked well for over 25 years.