Buying Real Estate in Mexico
Buying Real Estate in Mexico can be one of the best investments of a lifetime. Whether you are looking to extend your property investment portfolio, buy a luxury home to relocate with the family, find that perfect condo with all the trimmings for your retirement or discover a tropical paradise where you can spend your winters, with Coldwell Banker La Costa Realty buying real estate in Mexico will be professional, transparent and secure. For more information or to speak with us directly please fill out the form at the bottom of this page and we will contact you asap.
But before you decide that the process is a “walk in the park” let me share the process so you can understand that the expertise of professionals representing you is of the utmost importance.
A Guide to Purchase a Property in Mexico
Specific guidelines exist for foreigners to purchase real estate in Mexico. There is a process – which at times may seem redundant – and there are no short-cuts. All purchases for non-national citizens are completed through a trust deed established with a Mexican Bank. The Mexican bank acts as a trustee on behalf of the foreign purchaser and the purchaser holds all rights of ownership. The same applies for a foreign or Mexican corporation, however the tax ramifications are much more stringent.