MEXICAN REAL ESTATE FOR FOREIGNERS | Owning in Mexico : The purchase of real estate in Mexico by foreign citizens is a straightforward process, however there are some tainted and inaccurate misconceptions. Buying real estate in Mexico for foreigners has been possible since the Foreign Investment Law that was passed in 1973. The law permits foreigners to acquire property in Mexico, as long as it is located outside of ‘Restricted Zones’, which include any land within 100 kilometers of foreign borders or within 50 kilometers of the sea. This was to attempt to prevent foreign invasion. As a consequence, this law largely prevented development in those zones and, subsequently, was modified in 1993 by the Mexican government. Since then, foreigners (non-Mexicans) have been able to purchase coastal and border properties through an established and perpetually renewable Mexican property trust called a Fideicomiso. | |
8 TIPS FOR A SUCCESSFUL OPEN HOUSE | Open House is a wonderful way to showcase your beautiful properties to potential Buyers and Buyers Agents. Here are 8 Tips for a Successful Open House to best promote your property. |
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9 SECRETS OF BAJA CALIFORNIA SUR | State of Baja California Sur is one of the 32 states of Mexico. Baja`s wild air and sparkling sunshine are luxurious to live within. Home to one of the most successful Mexican resort and tourist destinations, here are some interesting insights about Baja California Sur. |