How is Purchasing Property Now Possible?

In 1994, the enactment of the North American Free Trade Agreement (NAFTA) between Mexico, Canada, and the United States created the most expansive free trade area on the planet. So far, it has proved to be tremendously beneficial for each country involved. The countless new possibilities triggered substantial economic growth and a better way of living in many aspects, one of which is the establishment of a comforting and secure way for foreigners to purchase land in Mexico.

Presently, almost two million Americans own Mexico real estate, many of them in the restricted zone. By way of a Fidecomiso,  which is a bank trust similar to a family trust in the United States, they hold all the rights of the real estate’s beneficial and unrestricted use, including the right to improve, sell, rent or lease. In simple terms, all rights of direct ownership. Now you too can buy your dream Mexico home for sale.