Wish You Were Here? It's Easy.
Owning real estate in Mexico is such a simple process, the only question you are likely to ponder is why you didn't do it sooner. Americans and other international citizens may easily purchase real estate in coastal Mexico by obtaining all rights of ownership through a bank trust or as it's known in Mexico a 'Fideicomiso.'
Bank trusts or Fideicomisos are trust agreements established between a Mexican bank (the trustee) and the buyer of the property (the beneficiary), and they operate exactly like a US trust. They are typically established to initially last fifty years, after which they are perpetually renewable. Upon establishing a Mexican bank trust for a home in Las Misiones, you obtain full rights to occupy or sell the property held in trust, while the bank holds the title on your behalf.
To further secure your investment, a Master title insurance has been secured for the land in Las Misiones. If you wish, you may purchase additional individual lot title insurance for your new home from a US title insurance company of your choice. Title insurance ensures you have a free and clear title, and provides no-fault recourse in the event issues arise. Your purchase of title insurance for your home in Las Misiones protects you from ever having to give the security of your property ownership a second thought.
US and Mexican mortgages are available to home buyers. For a list of mortgage agents, please contact us.