For buyers looking to own their own home in the sunshine, Mexico is a fantastic choice which has long been popular with property buyers. Best of all, property prices and the cost of living are very attractive so all this can be enjoyed at a fraction of the cost of countries such as the USA, Canada and Europe.

Can I buy property in Mexico and rent it out?

People move to Mexico for various reasons. What makes Mexico such a great country to live in? The answer is simple: sunny weather and low cost of living. But even if you are not ready to move to Mexico yourself, you can buy property in Los Cabos or Baja and rent it to receive passive income.

Is it worth buying a house in Mexico?

If you’ve ever wondered, “Is buying property in Mexico a good investment”, the short answer is a resounding “Yes!” In fact, owning a vacation home in a popular destination can provide incredible ROI and portfolio diversification, but first you have to know where to look!

Is now a good time to buy property in Mexico?

In fact, changes in the constitution over the years have made it easier than ever for foreigners to buy real estate in Mexico and right now is a great time to buy!

What’s the best way to own real estate in Mexico?

There are three ways of owning Mexican property: via direct deed (all property in the interior), through a Mexican corporation (commercial property), or through a bank trust called a fideicomiso, for residential property in the restricted zones. All three ways of property ownership are safe.

Can you buy real estate in Mexico without ejido land?

Without the issue of ejido land (pronounced eh-HEE-doh) there wouldn’t be anything exciting to talk about when it comes to buying Mexican real estate. Ejido land is the source of almost all the stories you’ve heard about confiscation of property from foreigners in Mexico.

Is it legal to own private property in Mexico?

This implied no one could own private property. Nowadays not all Mexican land is ejido. It’s important to make sure that any property considered for sale is not classified as such. Mexico passed the Foreign Investment Law in 1973. This allowed foreigners to purchase real estate anywhere in the country.

Can a foreign national buy a condo in Mexico?

Yes, foreign nationals can buy condos in Mexico and the Government of Mexico welcomes foreign investment. Although there are some restrictions to foreign property ownership in Mexico, there are also some very commonly used ways to bypass the restrictions.