For historical reasons the Mexican Constitution of 1917 prohibited foreigners from holding direct title to land located within 30 miles of the coastline or 60 miles of the border, known as the "restricted zone". Amendments to the Mexican Constitution in 1994 changed the prohibition against foreigners holding direct title to land located within 30 miles of the coastline by allowing foreigners to purchase "restricted zone" property through the use of the foreigner's own Mexican Corporation. This corporation may be 100% owned by you.

Caribbean Trust Real Estate offers complete no cost assistance in forming your own corporation for you, to insure that your property is legally registered in the name of your corporation.

The time required to prepare your papers, form your corporation, and complete your real estate purchase is as little as 7 days. However, the time required to receive and process the papers for your property in the Public Registry may be an additional 4 weeks.

With Caribbean Trust Real Estate closing costs are paid by the seller.

When your beachfront property is registered in the name of your own Mexican Corporation, your attorneys will process a dormancy election on your behalf. This effectively allows your corporation to remain dormant without the need for filing additional fiscal reports. Unless the shareholder wishes to activate the corporation, it may remain in the dormant status indefinitely. This is the simplest way for foreigners to purchase real estate in Mexico.

Please see our online real estate listings to select your beachfront property in Mexico, or contact Caribbean Trust Real Estate for further details about this process.