For foreigners

The process may seem a little daunting and different than in your country, but well worth it. The key word is different not better, not worse, just different. With our team at MEXLend working in tandem with your real estate professional, you will be amazed at how quickly you become comfortable with the process.

In many ways, purchasing real estate utilizing a financing option further protects your investment. U.S. and Canadian lending institution impose rigid documentation requirements for the sellers of Mexican properties, to ensure clear and clean title. You, the client, can rest assured with the knowledge that your weighty investment has been scrutinized by teams of experts and deemed a worthy transaction.
The following is a summary of some of the terms and professionals that will be involved in the acquisition, but remember, don’t let these terms scare you…our team at MEXLend and your real estate professional will be guiding the entire transaction.
Fideicomiso (Bank Trust):

This is perhaps the most misinterpreted aspect of purchasing property in Mexico. Historically, foreigners were denied the privilege of owning property in Mexico in the restricted zones. The restricted zones are the coastal areas and borders. However, realizing the benefits of foreign investment capital, the government of Mexico has found a way to make that easier. That way is the Fideicomiso or Bank Trust.

Simply put, your property is placed in a Trust to be administered by a Mexican Bank on your behalf. The life of your Fideicomiso or Bank Trust is 50 years. You are in control of that Trust and it is willable, saleable, transferable and renewable. This is NOT A LEASE; it is a trust and acts the same as a Trust in the U.S. to protect your interests.