Buying property in Mexico as a foreigner
Are you dreaming of owning a home in Playa del Carmen, Tulum, or Cancún? Good news: foreigners can legally buy property in Mexico, even in coastal areas, thanks to a secure legal tool called the fideicomiso.
In this article, we explain how the fideicomiso works, who needs it, and why it’s the key to investing safely in the Mexican Caribbean.
What is a fideicomiso?
A fideicomiso is a bank trust that allows non-Mexican citizens to own real estate in Mexico’s “restricted zones”—which includes all beachfront and border areas. A Mexican bank holds the title of the property on your behalf, but you retain full control and rights.
Key features:
- 50-year duration (renewable)
- Full rights to sell, rent, remodel, or bequeath
- Total control over use and resale
- Inheritable to your beneficiaries
- Regulated by the Mexican government
Do I need a fideicomiso?
If you’re a foreigner planning to buy property within 50 kilometers of the coast or 100 kilometers of the border, you are required by law to purchase through a fideicomiso. That includes most popular areas in the Riviera Maya.
Benefits of buying through a fideicomiso
- ✅ Legal and secure: Backed by banks and regulated by the Ministry of Foreign Affairs
- ✅ Full ownership rights: You make all decisions as the beneficiary
- ✅ Flexible: You can sell or transfer the trust anytime
- ✅ Access to prime locations: Like Tulum, Playa del Carmen, and Puerto Aventuras
Invest in Mexico with confidence
Buying property in Mexico as a foreigner is not only legal—it’s a smart investment when done right. With a fideicomiso, you can own property in some of the most beautiful and profitable areas of the Riviera Maya without worries.
Whether you’re looking for a vacation home, a rental income property, or a long-term investment, we’re here to help you every step of the way. Contact us today via findyourhome.mx and schedule your free consultation.
