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Can foreigners acquire a membership in Club Quinta Real Huatulco?

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Can foreigners acquire a membership in Club Quinta Real Huatulco?

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Yes. After local laws were amended in 1993, foreign owners were able to acquire property on the Mexican coastline through a bank trust, a legal substitute for a conventional purchase/sale agreement. As trust beneficiary, each owner has the right to use, sell, transfer or bequeath the property in perpetuity; the trust has a 50-year period of renewal. Under this formula, many American and Canadian citizens now own properties on Mexico’s coast. Can I re-sell my Membership in Club Quinta Real? Yes. Like any other property, your Membership can be sold or transferred, provided it is done in keeping with the rules and the trustee’s (member’s) rights. What makes Club Quinta Real different from a Timeshare? There are a lot of features that distinguish it. In Timeshare, for example, you own one or more specific weeks, and your lodging possibilities are limited to a given unit or category. In contrast, Members of Club Quinta Real own at least a one-twelfth share of a villa, and have access to all

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