Tucson Real Estate Agent Brenda O'Brien
8540 N. Oracle Rd.
Oro Valley, AZ 85704
Office: 520-918-5968
Toll-Free: 888-825-8251 ext. 5968
Fax: 520-989-6114
email: Brenda@BrendaOBrienTeam.com
Rocky Point Condos

Buying Property in Mexico
A Brief Description of the Process

Property Ownership in Mexico - Mexican Law:
Yes, Mexican Law allows for private ownership of land by foreigners. Their laws are quite specific about how land rights can be transferred from seller to buyer. A Notary Public will be necessary to guide you through the process, but it generally goes like this:

1. Mexican Property can be purchased and owned outright for residential use by foreign nationals if it is outside of the 100 kilometer restricted border zone, or outside of the 50 kilometer coastal zone.

2. Property inside of the restricted Border or Coastal Zones may be owned by foreign nationals through a fidecomiso (Trust) which is set up through a Mexican bank. This ownership method provides for ownership of the land and property in every aspect but name.

The Mexican Constitution bans foreign nationals from owning property within certain restricted zones. Because their Constitution cannot be altered regarding this, the Government has introduced a system of land trusts. By using this Trust System, foreign nationals can purchase property inside of the "restricted zones".

Now, foreigners who want to buy their dream home on the ocean can do so, by utilizing a Trust, set up with one of the primary Mexican banks.

The trust actually holds the deeds to the property. You are sole beneficiaries to the trust, and therefore the property. As the sole beneficiaries, you have full rights to do whatever you wish with your property. It can be rented, leased, sold, bequeathed to your heirs or even given away. For all practical purposes you own the property outright in everything but name.

The Trust allows you to name a beneficiary upon your death. You will not need to have a Mexican Will for your beneficiaries to assume the full rights to the property.

The Mexican Laws on property ownership are comprehensive and provide protection for both the seller and the buyer in all property transactions, provided that the law is followed to the letter. You must ensure that all the necessary documentation is provided and that all the proper procedures are strictly adhered to.

The Realtor you use in this process will be your guide, and the Notary Public you use will make sure that all the paperwork is processed correctly. It is very important to Use a Reputable, Qualified Realtor to purchase property in Mexico.

If you're thinking about buying property in Rocky Point
Contact Brenda for additional information.

Email Brenda or call her Today at 520-918-5968

Tucson Home Finder, Virtual Search for Tucson Homes Tool
Tucson
Home
Finder
Tucson Community Information, Links to dining, shopping, entertainment and more
Tucson
Community
Info
Tucson Relocation Package, Free Tucson information, Available upon request
Tucson
Relocation
Package
Top Tucson Realtor Brenda OBrien
All
About
Brenda
Tucson Home Buyers Center, Information important to Tucson Home Buyers
Tucson
Home
Buyers
Tucson School Info, Schools, District Maps, Tucson School Report Cards
Tucson
Schools
Info
Tucson Golf, Tucson Golf Courses
Tucson
Golf
Courses
Tucson Home Sellers Info, Current Market Conditions, How to Price your Home, etc
Tucson
Home
Sellers
Tucson Housing Report
Tucson
Housing
Report
Brenda's Tucson Home Listings
Brenda's
Tucson
Listings
Tucson Condos and Townhomes
Tucson
Condos &
Town Homes
Tucson Helpful Links, Utilities, Maps, Relocation, Home Improvement, News Media, etc
Helpful
Tucson
Links
Tucson News
Monthly
Tucson
Newsletter
What People Say About Brenda, Client Testimonials about Tucson Realtor Brenda O'Brien
What
People
Say
Tucson Home Values, What's my Tucson Home worth today?
What's My
Value
Today
Tucson Home Mortgages and Tucson interest rates
Tucson
Home
Mortgages
Tucson New Home Information
Tucson
New
Homes
Oro Valley Homes
Oro
Valley
Homes
Tucson Homes by School District
Homes By
School
District
Catalina Foothills Homes
Catalina
Foothills
Homes
Rancho Vistoso Homes
Rancho
Vistoso
Homes
Tucson Homes - Age Restricted
Tucson
Retirement
Homes
Tucson Luxury Homes
Tucson
Luxury
Homes
Tucson Golf Homes
Tucson
Golf
Homes
Tucson Gated Homes
Tucson
Gated
Homes
Tucson Homes - Northwest
Northwest
Tucson
Homes
Tucson Homes - Other Areas, Other Styles, Homes with acreage, Homes with Guest Quarters, Etc
Other
Tucson
Homes

eMail Brenda
Tucson MLS - Invest Your IRA - Tucson Weather - Site Map - Tucson Map - Email This Page
Saddlebrooke - Sun City Vistoso - Heritage Highlands - Vistoso Village - Quail Creek
Dove Mountain - Continental Ranch - District 16 Homes - Sam Hughes District
Tucson Horse Property - Rancho Sahuarita - Rita Ranch - Vail
Tucson Utilities - Tucson Subdivisions - Tucson Resources
Long Realty #1 Tucson Realtor 2005 - Link to Me
Tucson Real Estate Home Page
Tucson Homes For Sale
Tucson Arizona


tucson mls logo
Copyright ©1999-2014 All Rights Reserved

Copywrite Protected