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What is a Bank Trust (Fideicomiso)?
A Bank Trust, or Fideicomiso, is a legal arrangement where a Mexican bank holds the title to a residential property on behalf of a foreign buyer. You remain the beneficiary, retaining full rights to use, rent, remodel, sell, or pass the property to heirs. The trust lasts 50 years and can be renewed indefinitely.
How Does the Bank Trust Work for Residential Property?
Once the trust is established, the bank acts as trustee, holding the property title in trust for you. You control the property and make all decisions regarding it. This setup allows foreigners to legally own residential property within restricted zones like Huatulco without direct title ownership.
Who Are the Parties Involved?
The key participants include you as the buyer and beneficiary, the Mexican bank serving as trustee, a Notary Public who handles the legal transfer, and your real estate agent. You may also choose to work with a lawyer to protect your interests throughout the process.
What Are the Benefits of Using a Bank Trust?
The Bank Trust provides secure ownership rights for foreigners in restricted areas, allowing full control over the property. It simplifies the purchase process, offers flexibility in property use, and ensures compliance with Mexican laws. The trust is renewable and transferable, making it a reliable option for residential property ownership.

How can foreigners own non-residential property in Mexico?
Foreign buyers can own non-residential or commercial properties by establishing a Mexican corporation. This allows 100% foreign ownership and direct title holding, including in restricted zones like Huatulco.
What are the requirements to set up a Mexican corporation for property ownership?
You must register the corporation with Mexican authorities, appoint a legal representative, and comply with monthly tax reporting and filings. The corporation can hold property titles and conduct business activities related to the property.
Are there restrictions on using a corporation to own residential property?
Residential properties cannot be owned through a corporation unless used exclusively for business purposes, such as rental operations or hotels. Consult a legal advisor to confirm if your intended use qualifies.
What are the benefits and responsibilities of owning property through a Mexican corporation?
Benefits include full ownership control and flexibility for commercial use. Responsibilities include ongoing administrative duties, tax filings, and compliance with Mexican corporate laws.

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