A Mexican bank holds the title
BBVA, Banorte, or Scotiabank acts as trustee. The trust is for 50 years, fully renewable. You are the sole beneficiary with rights identical to direct ownership · use, lease, sell, transfer to heirs.
20 boutique condos in Cancún · bank trust (fideicomiso) for foreign ownership · 13% YoY appreciation in the area · 8-12% Airbnb yield · remote tour available · bilingual team.
For property within Mexico's restricted zone (50km from coast), foreign buyers acquire via a bank trust · used by hundreds of thousands of US, Canadian, and European investors since 1973. Here's how it goes:
BBVA, Banorte, or Scotiabank acts as trustee. The trust is for 50 years, fully renewable. You are the sole beneficiary with rights identical to direct ownership · use, lease, sell, transfer to heirs.
Live in it, rent it on Airbnb, sell it, leave it to heirs. The bank only holds title custody · you have 100% economic control. You can convert to direct ownership if Mexican constitution changes (frequently proposed since 2015).
Optional but recommended · we coordinate with Stewart, First American, or Chicago Title Mexico. Premium ~$1-2K USD one-time for full title insurance over the property life.
One-time bank trust setup ~$2,500 USD + small annual maintenance fee (~$500 USD/year). Closing costs ~5-7% of purchase price (notary, transfer tax, registration). We provide a full closing cost breakdown in your dossier.
Mexico has tax treaties with the US, Canada, and most EU countries to prevent double taxation. Rental income taxed at preferential rate in Mexico. Capital gains taxed at sale. We coordinate with a bilingual tax advisor.
Legal team coordinates with trustee bank · notary · title company · tax advisor · property management for Airbnb if you want rental income. Single point of contact from interest to handover of keys.
30-40 minute live video walkthrough with our on-site advisor. Showroom has final finishes installed. Bilingual EN + ES. Respond within 5 minutes during Cancún business hours.