Share to Facebook Share to Twitter Share to Linkedin Mexico, Mazatlan, Colorful old city streets in historic city center getty Mexico is one of the most promising markets for overseas property investment. It’s home to several well-known cities that, due to their favorable reputations, continually attract tourists, retirees, and digital nomads. This ensures that you will have little to no trouble when it comes to renting or selling your property.
Mexico places some restrictions on foreign property buyers that prospective investors should know about. You’ll need a fideicomiso (a Mexican bank trust) to buy real estate within 64 miles of an international border or within 32 miles of the coastline, an area known as the restricted zone. As the owner, you are the beneficiary of the trust.
Mexico is easy to get to by plane or by car. If you want to use your property as a second home or decide to retire to Mexico full-time, it will be hassle-free. Take advantage of the current strength of the U.
S. dollar against the Mexican peso in these markets, which will provide you with excellent lifestyle and cash flow potential. Where You Should Buy Property In Mexico 1.
Puerto Vallarta ‘‘The Night of the Iguana’’ put Puerto Vallarta on the map back in the 1960s. Puerto Vallarta became synonymous with sun, beaches, excellent dining, and natural beauty. Cities as recognizable as Puerto Vallarta hold advantages for property investors.
Their public image is a main reason why anyone visi.