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Investing in Mexico Real Estate

Mexico Real Estate Investment Properties

"Mexico Real Estate Investment Property"

Have you ever consider to have a Mexico Real Estate Investment Property? - Mexico has become a haven to many recently retired baby boomers and more and more people are considering the country of Mexico as their retirement destination.

The healthy year round weather in Mexico is probably the number one reason people not only from the United States but all over the world have invested in Mexican Real Estate.

Some reasons many Americans are exploring south of the border are the fabulous nature activities and peaceful life and more recently investments in Real Estate Property for their retirement years.

"Mexican bank trusts" or fideicomisos are the prefered method used by foreign investors to acquire homes or condominiums on beautiful Mexican beaches along the coast of Mexico.

 

Baja Coastline Real Estate

About The Fideicomiso Law Legal Titles

Baja Coastline in Mexico is an area of magnificent beauty and is so close to the United States border that has become a natural temptation to buy Real Estate along the coast, however the Mexican Constitution created in 1917 stated in Article 27 prohibits a foreigner from buying title to residential real estate in areas referred to as "Mexico Restricted Zones" : land located within 30 miles of the coastline or 60 miles off either border and all of the Baja California Peninsula.

The fideicomiso law created in 1973 provides a legal, simple and safe circumvention of the constitutional provisions, allowing a foreign person to enoy property in Mexico.

The Secretary of Foreign Relations allows the trust to place legal title in the name of a Mexican bank, so the bank may administrate the property on behalf of the buyer/beneficiary, who enjoys exactly the same rights of ownership as a Mexican citizen.