FAQ

The short answer is no — and understanding why matters enormously, both for your peace of mind and your closing cost calculation.

A fideicomiso is a bank trust created specifically to allow foreign nationals to hold real estate in Mexico’s “restricted zones” — areas within 50 kilometers of any coastline and 100 kilometers of any international land border. In these zones, the Mexican Constitution prohibits foreigners from holding direct title to property. The fideicomiso works around this by placing a Mexican bank as the nominal titleholder, while you — the foreign buyer — hold all beneficial rights: the right to use the property, rent it, improve it, sell it, and pass it on.

The fideicomiso is a solid legal structure, widely used and well-understood. If you are buying in Puerto Vallarta, Los Cabos, the Riviera Maya, or near the US border, you need one. But San Miguel de Allende is a different story entirely.

Yes, our team of bilingual real estate experts fluently serves both English and Spanish-speaking clients.

You can schedule a property tour by contacting our agents directly via phone (+52 415 152 3197), WhatsApp, or by filling out the contact form on this page.