If you are a foreigner looking to buy property in the Riviera Maya, you have probably already heard the word “fideicomiso” (bank trust). In this guide I explain, in plain language, what it is, why you need it and how it works.
Why a foreigner cannot buy directly
The Mexican Constitution establishes a “restricted zone”: a 100 km strip along the borders and a 50 km strip along the coasts. The Riviera Maya lies within that coastal strip. That is why a foreigner cannot hold the property title directly in their own name in this area.
The fideicomiso: the legal solution
The restricted-zone bank trust (fideicomiso) is a contract under which an authorized Mexican bank holds the property title, while you —as the beneficiary— keep all rights of use and disposal:
- Use and live in the property freely.
- Rent it out and receive the income.
- Sell or transfer it whenever you wish.
- Pass it on to your designated beneficiaries.
How long it lasts and how much it costs
The trust is set up for 50 years and is renewable indefinitely. It requires a permit from the Ministry of Foreign Affairs (SRE) and annual fees to the trustee bank. In your consultation I give you a clear estimate of timelines and costs.
“The fideicomiso is not an obstacle: it is the tool that gives you full legal certainty over your investment.”
How I guide you through the process
I handle the SRE permit, the choice of trustee bank, the contract review and the entire process, so all you have to do is enjoy your investment. Everything explained step by step, in your language.
This article is informational and does not constitute legal advice. Each case requires individual assessment.
