Buy a Property in Mexico - Everything you need to know before buying.

Learn about the whole process buying & selling properties in Mexico, advantages that the country has to make it a place of retirement, and the benefits of living in front of the sea.  

Buy or Sell properties in Mexico.

Recently, Mexico began licensing offices and real estate agents in individual states, and Quintana Roo is one of them. It is not yet close to the firm laws applied in the US. UU., But it is a good start, and national real estate associations such as AMPI are forcing their members to become certified and obtain a license. Every day you will see more and more professionals, well trained and honest agents who take this great career.

More and more Americans and Canadians are heading south of the border in search
of the sun, beaches, and vibrant Mexican culture and enjoy the excellent cordial service of Mexicans. Many of them decided to buy a little piece of paradise down here to enjoy a vacation home, retire, or invest.

Buying a house in Mexico is a straightforward procedure when you have a professional broker by your side.

The buying process for foreigners looking to purchase real estate in Mexico is simple and straightforward. If you have completed your due diligence and represented by experienced real estate professionals and a well-recommended notary, you will have no problems.

Mexico passed the Foreign Investment Law in 1973, allowing foreigners to buy real estate anywhere in the country, the only restrictions are coastal and coastal lands (within 100 km of the international borders or 50 km of the coast).
In 1993, the law amended to allow the purchase within restricted areas through a trust, a trust agreement established with a Mexican bank.


A trust allows a foreign buyer to own property with all the rights and privileges of a citizen.


With a single trust, you can have several Mexican properties, own them in perpetuity, and deliver them to your heirs. Also, you can quickly transfer the trust to another foreign buyer, if you wish to sell.

A trust is valid for 50 years and is renewable after that (by you or your heirs).

It can be maintained by one or more people or by an entity (an LLC, for example).

Initial configuration costs vary from $ 500US to $ 1,000US, and maintenance fees amount to $ 500US to $ 700US per year.

Foreigners can also own land in restricted areas through a Mexican corporation, and these can be 100% foreign-owned. 

You should only consider a corporation if you are buying real estate strictly for investments or business. If you plan to subdivide and develop the land, a Mexican corporation makes sense. Corporations come with more restrictions and information requirements than trusts.

They are required to submit monthly reports on income and expenses, completed by a certified accountant, to the Department of the Treasury of Mexico. And the goods that a held in a corporation are considered commercial, so they are subject to additional taxes (VAT, for example). The initial costs to establish a corporation will vary depending on the lawyer you use, but the minimum required is $ 50,000MXN (approximately US $ 2,800 in today's exchange). It will also incur costs for the certified accountant to maintain (from $ 600US to $ 800US per year).

Regardless use your property, your lawyer must participate in the review of your legal status, including the search for titles, the analysis and preparation of contracts, and the creation of your trust or corporation. Many title companies are now available in Mexico.

The purchase process should be like this.

Offer and Acceptance

Make an official offer. While Mexican law recognizes verbal agreements, both the offer and the acceptance must be made in writing, ensuring that there is no confusion in the terms and conditions. Your proposal submits in the form of a "Purchase Offer" contract, which details the main terms of the sale, including the price, payment plans, details about a money deposit, and a deadline for the seller to accept the offer. 

Once the deposit made, the promising contract (promise contract) will be drafted, which would link the buyer and the seller within a time to execute the purchase contract. Having this in place fits the basic terms of the offer, while you and the seller track all the documentation you will need to complete the purchase contract, which may take some time. It also gives both parties time to resolve the details of the final purchase contract.

Commitment Agreement

Once the promissory deal has signed, the seller communicates with his bank (the one he used to set up his trust) to initiate the trust application. His lawyer then orders a trust permit from the Ministry of Foreign Affairs.

This time, your lawyer must also verify the legal status of the property, including the review of the title, confirm that the seller has the right to transfer the claim and review the terms and conditions of the purchase contract. You request documentation from the seller, such as the certificate non-encumbrances, certificate non-fiscal responsibility, and an appraisal of the property.

The required documentation of the buyer is minimal: all you need is a copy of your passport and driver's license, a recent utility bill showing your name and address and company documentation (if applicable). These are presented to a notary and filed in the public register.

If everything is in order, the notary and his lawyer will work with the bank to write and finalize the trust documents.

Purchase / Sale Contract

At this point, both parties must be able to execute the purchase/sale agreement (purchase-sale), initiate the closing process, and transfer the title of the property to the trust. By then, the bank's fiduciary office should have received the trust permit from the Ministry of Foreign Affairs, and your lawyer may begin the drafts for the closing deed. Your lawyer, a notary, and a bank trust officer will review the final draft of the act. 

Close and pass title

Once everything has been verified as correct and all closing documents are ready, you notified of the closing date and final closing costs. Upon closing, the last deeds will be signed before a notary, the final payments will be liquidated, and the title deed will be officially transferred to the bank's trust. The notary then issues a notarized copy of the closing deed. It is your first proof of ownership and can be used to put public services in your name.

Approximately three months after its closing date, the Public Registry issues the final deed containing an electronic publication, copy of all certificates and payment of fees.


​Retirees in Mexico live active, healthy, and sustained lifestyles for pleasant climates in Mexico, first-class services, and affordable living costs.


The people who have retired in Mexico, comment on how they enjoy and savor their lifestyle and active and enjoyable activities. Retirees in Mexico and the country frequently top the popular lists of "the best places in the world to retire" ...
As a country, Mexico has a vast amount of offers for retirees. You have a variety of climates, ranging from spring weather throughout the year to hot and humid places facing the sea and the dry heat of the desert.
The pace of life in Mexico is ideal for retirement; You can relax and continue leading an active retirement. While stress levels depend on each individual, Mexico's relaxed environment, pleasant weather, friendly people, and a welcoming culture provide an ideal environment for living under stress.
The food is lovely. Fresh fruits and vegetables, meat and fish, are available in local markets, and you will get great value for your money. There is a wide variety of tropical fruits, which are sweeter and juicy than those that arent to colder climates.
Fresh locally produced foods are also less expensive in Mexico, although prices and quality vary throughout the year, depending on the season. The variety of vegetables is also immense, including local types such as nopales (cactus) and chayotes. Mexico is also home to avocado and is the world's largest producer of fruit.

Retirement lifestyles and living standards in Mexico

For those who know Mexico, retirement here can be part of a dream come true. Senior citizens in Mexico enjoy excellent weather, excellent food, rich culture, and warm and friendly people.

Some retirees move to local Mexican communities and integrate there; This can make the whole experience of life in Mexico much more valuable and satisfying.

For those with hobbies, hobbies, or interests can almost be can in Mexico. Communications through the Internet can keep you updated with the latest news, information, and sports results if you want to stay abreast of what is happening at home. If you like to participate in sports, Mexico offers the weather, groups, and services to participate actively.
Many people continue their passion for hobbies such as art, photography, and writing, using Mexico as their landscape and inspiration. Some find that their work can be sold inside or outside of Mexico, complementing their income.

Other people get involved in social work: 
They help disadvantaged communities to build new infrastructure; they get involved in charity work, share their extensive knowledge and experience of life with others and make a significant and positive contribution to the communities where they live. In a wide variety of ways.

There is no better time to learn Spanish. Surrounded by language, wrapped in a country passionate about its history and culture, there is no better place to learn than in Mexico.

Language classes are available everywhere.

If you think your retirement is an opportunity to improve your golf game, Mexico has nothing less than three of the ten best golf courses in the world to try and dozens more.

You can retire in Mexico in total isolation if you wish, buying a property in the middle of an impressive landscape, with nothing but nature around you for miles.

Or you can live in the middle of one of the towns or cities of Mexico surrounded by local communities, sharing their culture and way of life, or something in between.

Whatever you want, you will find something that suits your tastes somewhere in Mexico.
Many retirees buy two or more condos to live in one and rent the others to have an income.


"The return on investment in rental properties in tourist areas is usually 6 to 12% per year."

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