Bank Trusts Blog
Why Trustee Banks are Crucial
In Mexico, trustee banks, or "fideicomiso" structures, are established to allow foreign buyers to acquire property within the restricted zones, which encompass areas within 50 km of the coastline and 100 km from international borders. While the bank holds the title, the foreign buyer retains all ownership rights, ensuring a balance of security and flexibility.
Navigating the Fideicomiso Structure
Enter the fideicomiso structure – a unique trust system that allows foreigners to purchase real estate in Mexico's restricted zones. In this guide, we'll delve deep into the intricacies of the fideicomiso and provide you with a roadmap to navigate this system with ease.
Acquiring Trusts for Properties in Mexico
One question that often arises among prospective foreign investors is regarding the security of their property rights. To address these concerns, Mexico has established a legal framework that allows foreigners to acquire properties through a secure mechanism called "fideicomiso".