STEPS TO OWNING A PROPERTY IN CABO AS A FOREIGNER

1. Title to the property is held in a Mexican bank trust called a fideiocomiso.The buyer is the beneficiary of the trust.
2. The Mexican bank acts as the trustee.
3. The buyer has all the rights of fee simple ownership just as they do in the States or Canada. (Sell, renew, will, inherit, rent . .)
4. The fideiocomiso is renewable every 50 years and can go on forever.

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