Owning Property

Mexican Property Ownership by Foreigners

The Baja and its shores and waters are both intriguing and fascinating, so of course it’s human nature to want to own a piece of it. But all of the Baja, and the rest of the coastlines, where restricted from foreign ownership under terms of the 1916 Constitution, until in the 1970’s Mexico’s leadership saw the need for secure foreign investment and created a way for foreigners to invest in Baja real estate.

They did so by adopting use of a trust called a fideicomiso, a mechanism perfected in Monaco. The model is nearly identical to a living trust in the USA, with your banker hired to act as trustee. A new trust can be a 25, 50 or more year term, can be renewed by law, and the property can be transferred, willed, built on, mortgaged and otherwise dealt with without significant limitation. Several American title insurance companies insure these ownerships.

The problem is solved. You may have questions, so don’t hesitate to contact us for answers.