Owning Land

Any foreigner may invest in property in Mexico through a bank trust or fideicomiso, the equivalent of an American beneficial trust. All you have to do is to request a Mexican bank of your choice (we also can help you get information) to act as a trustee on your behalf. The bank then obtains the permit from the ministry of foreign affairs to acquire the property in trust. This trust can be established for up to 50 years and can be renewed for another 50 years and so on. During this time, you have all the rights of direct ownership including selling or leasing the property. In addition, it becomes part of your estate and can be passed on to your heirs, without inheritance tax.