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Understanding the Fideicomiso: A Guide to Buying Property in Mexico’s Restricted Zone

In Mexico, foreigners can buy property within the "restricted zone," which includes land within 50 kilometers (31 miles) of the coast or 100 kilometers (62 miles) of international borders. However, due to constitutional restrictions, direct ownership by foreigners is not allowed in these areas. To facilitate foreign ownership, Mexico established the fideicomiso, or bank trust. Through the fideicomiso,...

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