Posts Tagged ‘Fideicomiso’
Why Do You Need A Fideicomiso To Buy Property In Mexico?
Promulgated back in 1917, the Mexican Constitution didn’t allow foreigners to own property in Mexican territory. That is why in 1973, the Government designed the fideicomiso, a land trust system to encourage foreign investment. And this is important because now you can buy your dream beach house through a bank trust, also known in Mexico as “fideicomiso”.…
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