Buying Real Estate In Mexico
You're not just looking for a house or a condo, you're looking for a place for life to happen. A home is more than four walls and roof; it's a sense of community and belonging. It's part of your identity. Beyond food, water, and love, a home sustains our being. Even if your real estate goals involve investments, true success in real estate comes from looking beyond the numbers. Ask yourself, does someone feel at home within those four walls and beneath that roof? Love where you live. Love what you do. Love what you build. Success will follow.
We know what it means to put down roots and bring dreams to life. Whether your dreams are to build a home or to invest in one, we take care of the bureaucracy and the stress while you watch your dreams morph into reality. We love our homes. We want you to love yours. We design and build the bridge between your dreams and your goals. We take care of the bureaucracy and the stress while you focus on discovery and adventure. Our devotion to you finding a home for yourself, or for someone else, is, for us, our way to welcome you to our neighborhood.
Mexican Land Trusts
(fideicomisios)Mexican law does not allow foreigners to buy land near the coast or border. You can by real property in the interior and hold title in your name, but the same is not true for land within 100km or 60miles of the borders or within 50km or 30miles of the coast. Creating a land trust in your name that you manage, operate, and direct is the same as owning the land so long as the trust documents reflect those rights as beneficiary.
After two years as a permanent resident, you can apply for naturalization and buy the land from your land trust making it yours in your name. All the rights and responsibilities that come with owning land as an individual are similar to those of a land trust with exception of the trust fees and the bank bureaucracy.
Mexican Land Trusts are NOT foreign trusts and thus not subject to the same IRS tax reporting requirements. See 26 CFR 301.7701-4: Trusts. Rev. Rul. 2013-14.
You can designate someone as a backup beneficiary should you pass away. This avoids the lengthy probate process and the trust continues seamlessly.