Comprar propiedades en México 🇲🇽 como extranjero con el formato FF-SRE -006
How to Buy Property in Mexico as a Foreigner
Introduction to Property Acquisition for Foreigners
- Eduardo Lisea, a Mexican lawyer and co-founder of Expat México G, introduces the video focused on the process and requirements for foreigners wishing to buy property in Mexico.
- According to Article 27 of the Mexican Constitution, foreigners can acquire property but must enter into an agreement with the Secretary of Foreign Relations.
Requirements for Acquiring Property
- The application form must be completed electronically, including personal details such as full name, immigration status, document number, address for notifications, authorized representatives, and property description.
- Applicants need to demonstrate regular immigration status through valid documentation (temporary or permanent resident card).
- For foreign corporations, original apostilled and legalized documents proving legal existence are required. Translations by certified experts are necessary if documents are not in Spanish.
Additional Documentation Needed
- An annex detailing the property's measurements and boundaries should be included; it is recommended to provide a drawn representation.
- A government fee of 4,840 Mexican pesos must be paid. All documents should be submitted in original plus two copies either in person at the Secretary of Foreign Relations or via email.
Processing Time and Restrictions
- The authority has ten business days to respond to applications. Foreigners can only purchase properties outside restricted zones defined by law.
- Exceptions allow foreigners to acquire properties within restricted areas through a Mexican corporation or bank trust (fideicomiso).
Consultation and Assistance
- For inquiries about investing or acquiring properties in Mexico, viewers are encouraged to reach out for assistance.