HUNAVE REMATES
NOS CONSEILS
It is important to be careful, yes Remates Bancarios are very interesting, there can be exeptional deals. But you have to be vigilant.
Remates Bancarios are lower than the market price, this varies from 15 to 45%, up to that you should be vigilant.
If you dont go to the notary within 6 weeks at most, be vigilant.
WITH VISA
Being Mexican or having dual nationality, you will be able to acquire properties without any problem.
WITHOUT VISA
If you are a foreigner you need to have at minimum the temporary residence to buy Remates Bancarios.
It exist restricted area in Mexico, it is a 50km strip that follows the coastline and 100 km strip along the borders, only the mexican can buy inside it. But there are solutions to buy in this area.
FIDEICOMISO
The Fideicomiso is an agreement with a bank, you buy a house through a bank based in Mexico. this gives you access to all of Mexico including the restricted area.
It is a concession with duration of 50 years maximum, the anual average cost are 400 to 700 dollars per year.
The Fideicomiso can be bequeathed without any worries.
this is a good option in the case of a personal purchase or a single investment.
In case you want to buy several properties in Mexico, it is better to create your company.
Creating a company will give you more flexibility in investing and managing income. There is no minimum capital and it generally takes 5 to 8 weeks to set up a company in Mexico.
This open you the gates to the restricted area for you as well.