Frequently Asked Questions.

The questions you should know the answers to.

Can a foreigner own real estate in Mexico?

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Absolutely! The key distinction in the buying process is the use of a trust or fideicomiso. It is required to acquire property or land in the Restricted Zone. The restrcited zone is 100 km from the border with another country and 50km from the coastline.

What is the restricted zone?

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What is a Fideicomiso?

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Why is the use of a trust required?

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Who are the main players in a real estate transaction in Mexico?

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What is the role of the Notario Publico?

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Why should you always hire a lawyer in a real estate transaction?

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What is the Trustee Bank?

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What is the Buying process with new constructions in Mexico?

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How do you reserve a property in Mexico?

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What kind of financing options are available for foreigners who are unable to come up with the immediate funds to purchase their dream home?

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Are Americans able to use their 401K plan to invest in a property in Mexico?

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When are titles issued on new constructions?

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Who is responsible for the closing costs?

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Is it true that the cost of living in Mexico is a lot lower?

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How is life in the Mexican Carribean?

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