You CAN Buy a Home in Mexico as a Foreigner: Debunking the Myth

One of the most persistent myths about Mexican real estate is that foreigners cannot buy property in Mexico. The truth is: you can. Mexican law allows non-Mexicans to own real estate, including in the restricted zone along the coast and the border. Here’s how it works and what you need to know.

The Restricted Zone and Fideicomiso

Within 50 km of the coast and 100 km of the border, foreign buyers typically use a bank trust called a fideicomiso. The bank holds legal title for your benefit; you have full use, control, and the right to sell, inherit, or transfer. The trust is renewable and is a standard, well-regulated mechanism used by thousands of buyers. It is not a lease—you effectively own the property.

Direct Ownership Outside the Restricted Zone

Outside the restricted zone, foreigners can hold title directly in their name, just like in many other countries. No trust is required. If you’re considering areas inland or outside the 50 km coastal strip, direct ownership is an option.

What You Need to Do

• Use a notary (notario): All real estate transfers in Mexico go through a notary. The notary handles the fideicomiso setup if needed and ensures the deed is properly registered.
• Get your FMT/FM3 or residency: You’ll need a valid immigration status to complete the purchase. Your notary and agent can guide you.
• Work with experienced professionals: An AMPI-certified agent and a notary experienced in foreign purchases help avoid costly mistakes and ensure a smooth closing.

Debunking the Myth

Foreign ownership in Mexico is not only possible—it’s common. Thousands of Americans, Canadians, and Europeans own homes and condos in Puerto Vallarta, Riviera Nayarit, and across the country. The key is to work with the right team and understand the process. If you’re ready to explore buying in the Bay of Banderas, reach out to an agent who can walk you through the options and connect you with trusted legal and notary professionals.