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Can foreigners buy real estate in Mexico?

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Can foreigners buy real estate in Mexico?

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Yes. According to article 27 of the Mexican Constitution, foreigners can buy real estate. However, there is a restricted zone in which foreigners may not acquire direct ownership of the property, covering a strip of one hundred kilometres (62 miles) at international borders and fifty kilometres (31 miles) on the coasts. Nevertheless, it is possible to acquire ownership of property in this area indirectly through other legal entities such as trust or through a Mexican corporation with foreign capital and partners.

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