Owning in Mexico
 
Land Ownership for foreigners in Mexico

To understand property ownership in Mexico it is necessary to look at the historical background of the country and how foreigners have laid claim on Mexican lands. López de Santana, an infamous president of Mexico went as far as too try and sell entire states to foreign countries sparking the Mexican Revolution of 1910. The end result was the ousting of Santana and the creation of a new constitution which restricted foreigners from owning land within 60 miles from any foreign border or within 30 miles of the Mexican coast.

In the 1970’s the antiquated law prohibiting foreign ownership in the “restricted zone” stifled economic growth so amendments to the Constitution were made that allowed foreigners to once again legally purchase land within this area. This law established that foreigners were entitled to hold land through a Bank Trust known as a Fideicomiso.