Can I Buy Ejido Property?
An ejido is: a) a small Mexican village b) a concept practiced by the Aztecs c) a way of owning property in Mexico d) a group of co-owners of agricultural property e) a risky investment for foreigners f) all of the above The answer is (more or less) f) all of the above . . . . but not exactly. Each of the statements above is true in part, but each needs some explaining. The ejido is a Mexican concept not well understood by foreigners. What is an ejido, exactly? The word, pronounced ay-hee-do, is thought to be derived from the Latin exitus, meaning “the way out.” Presumably ejidos got their name from being located at the outskirts of towns and cities, and they were, and some still are, small Mexican villages. The ejido is defined as a community that has joint ownership of a piece of land, lives on the land, and practices joint agriculture on it. While this was the original intention, and was once an accurate description of ejido activity, more and more ejidos today exist as land where n
