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Mexican Real Estate Terms

What Is A Fideicomiso?

What is a Fideicomiso?

A fideicomiso is a legal arrangement in Mexico that allows foreigners to own property in the country's restricted zones, typically within 50 kilometers of the coast or 100 kilometers of the borders. The fideicomiso is a trust agreement between the foreign buyer and a Mexican bank, where the bank holds the legal title to the property on behalf of the buyer. How does a Fideicomiso work? When a foreigner...

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