There are several safe and perfectly legal ways to own beachfront real estate in Mexico without having Mexican citizenship. The most practical way is through a trust (“fidecomiso” in Spanish) whereby a bank acts as the depository holding the property in a trust whose beneficiary, the buyer, enjoys all the same rights (to buy, sell, lease, use, bequeath, improve, transfer and encumber) as under free simple ownership. 

Such a “fidecomiso” which operates in the same way as a family trust in the U.S. is not only the safest but also the simplest way to possess real estate on Mexico’s coasts. In the Baja Peninsula alone, 2 million U.S. citizens and corporations have invested billions of dollars though “fidecomisos” in the last decade.

With the full legal framework in place, it is now easy and affordable to purchase real estate in Mexico, and financing is available through a broad range of mortgage companies and banks. At Palacio del Mar we have teamed up with the top real-estate specialists who are qualified and knowledgeable in the field and can guide you throughout the purchase process, making it hassle-free.