A Common Question from International Buyers

One of the most common questions asked by visitors considering real estate in Mexico is simple:

Can foreigners legally own property in Mexico?

The answer is yes.

Foreign buyers can legally and securely own property in Mexico, including beachfront homes and coastal real estate. Over the years, Mexico has established clear legal frameworks that allow international buyers to purchase and protect their property investments.

Understanding how this system works can help buyers feel confident when exploring real estate opportunities in destinations such as Puerto Peñasco.

The Restricted Zone Explained

Mexico’s Constitution designates certain areas as the “restricted zone.”

These areas include:

• Land within 50 kilometers (31 miles) of the coastline

• Land within 100 kilometers (62 miles) of international borders

Because many of Mexico’s most desirable properties are located along the coast, special legal structures were created to allow foreign ownership in these zones.

The most common structure used today is called a Fideicomiso, or bank trust.

What Is a Fideicomiso?

A Fideicomiso is a bank trust that allows foreigners to legally own property in restricted zones.

In this arrangement:

• A Mexican bank holds the title of the property in trust

• The foreign buyer is the beneficiary of the trust

• The buyer retains full rights to the property

This means the owner can:

• Sell the property

• Rent the property

• Remodel or build on the property

• Transfer the property to heirs

The trust is established for 50 years and can be renewed indefinitely, making it a secure long-term ownership structure.

Costs Associated with a Fideicomiso

While the fideicomiso structure provides legal protection and ownership rights, it does involve some administrative costs.

Typical costs include:

Trust setup fee:

Approximately $500–$1,500 USD depending on the bank.

Annual bank fee:

Usually between $500–$700 USD per year.

These fees cover the administration of the trust and the legal protection it provides.

Closing Costs When Buying Property in Mexico

When purchasing property in Mexico, buyers should also expect certain closing costs.

These usually range between 5% and 7% of the property value and may include:

• Notary fees

• Property transfer taxes

• Government permits

• Trust setup fees

• Legal documentation

Working with a qualified real estate professional and legal advisor can help ensure the process runs smoothly.

Another Ownership Option: Mexican Corporations

For buyers interested in commercial real estate or investment properties used for business purposes, another option may be forming a Mexican corporation.

Under this structure:

• The corporation holds the property title

• A minimum of two shareholders is required

• The property must be used for business purposes

This option is often used for:

• Hotels

• Rental businesses

• Commercial properties

However, most residential buyers choose the fideicomiso structure for simplicity and security.

Why Many Buyers Choose Puerto Peñasco

Puerto Peñasco has become one of the most popular destinations for international buyers interested in owning property in Mexico.

Some of the reasons include:

• Easy driving access from Phoenix and Tucson

• Beautiful beaches along the Sea of Cortez

• A growing tourism market

• Lower costs compared with U.S. coastal areas

For many buyers, Rocky Point offers a rare opportunity to enjoy beachfront living within driving distance of the United States.

Real Estate Opportunities at Laguna Shores

Among the communities in Puerto Peñasco, Laguna Shores Resort stands out for its unique environment and master-planned design.

Located just north of town, Laguna Shores offers:

• Direct access to the Sea of Cortez

• Stunning views of the estuary and surrounding desert

• A private, low-density community

• More than 30 resort-style amenities

Many visitors first discover Laguna Shores while staying at the resort—and later decide to explore property ownership within the community.

Experience the Community Before Buying

For those interested in exploring real estate opportunities at Laguna Shores, there is a simple way to learn more.

Discover Program

The Discover program allows visitors to experience the community while learning about property ownership opportunities.

This experience typically includes:

• A stay inside the resort

• Breakfast at Infusión del Golfo

• A guided property tour

• A meeting with the Real Estate team

• A complimentary activity such as a special dinner or spa treatment

It is a great way to explore the community and better understand what life at Laguna Shores can be like.

Explore Your Options

Buying property in Mexico may seem complicated at first, but the legal structures in place make it safe and accessible for international buyers.

With the right guidance, owning a home by the Sea of Cortez can be a smooth and rewarding experience.

If you would like to learn more about property opportunities at Laguna Shores, our Real Estate team will be happy to help.

📞 US: 1 800 513 1426

📞 MX: 638 383 0210

Wayne Corcoran

Real Estate Broker

Yaraise Jiménez

Real Estate Advisor