Some of you have been asking about the process of buying property in Mexico. Yes you can safely & legally own ocean front property with full title in your name.
The images below explain the process of purchasing real estate within the restricted zone in Mexico. The restricted zone is defined as all land located within 100 kilometres of any national border and within 50 kilometres of any ocean. The most important thing that you should know is that buying property in the restricted zone in Mexico is completely legal and 100% secure. Thousands of foreigners do every year and enjoy the many benefits.
Mexico’s Foreign Investment Law allows foreigners to acquire title to land in the restricted zone by one of two methods; through a Mexican corporation or through a bank trust (fideicomiso). This has made investing in property a lot easier, a lot less complicated and a lot more attractive to foreign investors.
We work with the top notaries in Merida to ensure a smooth & hassle free transaction. It is our goal to make you feel as comfortable as possible throughout the entire experience.
If you have any questions at all please contact Parrish anytime.