What will happen at the expiration of the Mexican trust contract?
On December 27, 1993 a presidential decree was issued establishing the new Foreign Investment Law. According to article 13 of this Law, the Mexican foreign affairs Ministry shall allow the renewal of the Trust over the “Restricted Zone” upon the expiration of their term. Furthermore, the Mexican foreign affairs ministry may authorize a new Trust over real estate transferred from one Trust to another for a period up to 50 years when the Beneficiaries of the original and the new Trust are different.
