Q. Is it legal for foreigners to buy land or property in Mexico?

A. Yes! Purchasing property in Mexico by foreign buyers is allowed under Mexico’s constitution. However, the Mexican Constitution restricts ownership of real estate by foreigners in any area located within 100 kilometers of any Mexican border, and within 50 kilometers of Mexico’s coast. Foreigners wishing to purchase properties in this zone just need to use a bank trust called a ‘fideicomiso’. This method of ownership does not restrict your rights to use, enjoy, or sell the property and are utilized by tens of thousands of foreign owners just in the Puerto Vallarta area alone.