Buying Real Estate in Mexico as a foreigner

Can Foreigners Buy Property or Start a Business in Mexico?

Yes! Foreigners can own property and establish businesses in Mexico. However, they must comply with certain legal requirements under Mexican law. According to Article 65 of the Immigration Law, foreigners must prove their legal immigration status to engage in legal transactions before a notary public, especially in real estate and commercial matters.

The Role of a Notary Public in Mexico

Unlike in other countries, notaries in Mexico have significant legal authority. Any real estate transaction or corporate establishment must be formalized before a notary public. The good news is that, as a foreign investor, you can complete these processes even with a tourist visa. This means that even if you are visiting Mexico temporarily, you can still buy property or register a company without the need for permanent residency.

The Importance of Legal Representation

While a tourist visa allows you to complete real estate transactions and establish a company before a notary in Mexico, it comes with certain limitations. For example, you cannot act as the legal representative of a company or open business bank accounts under a tourist visa. To perform these actions, you will need a specific type of visa, such as a temporary resident visa with work authorization. Alternatively, you can appoint a Mexican citizen—preferably a lawyer—to act on your behalf, ensuring full compliance with local regulations.

While it is possible to handle transactions personally, hiring a legal representative simplifies the process, ensuring compliance with all regulations. Our firm, Fajardo, Gil, Velarde y Asociados, offers legal representation for foreign investors, allowing you to:

• Buy property hassle-free: We handle all legal paperwork, ensuring your property purchase complies with Mexican law.

• Establish a business with ease: We assist in company registration, tax compliance, and corporate structuring.

• Act remotely: With legal representation, you don’t need to be physically present in Mexico to sign documents before a notary.

• Avoid legal risks: We ensure that your investments are fully compliant with Mexican laws, protecting your rights and assets.

Why Choose Us?

With years of experience assisting foreign investors in Mexico, Fajardo, Gil, Velarde y Asociados specializes in real estate and corporate legal services. Our expertise ensures a smooth and secure investment process, giving you peace of mind while navigating Mexico’s legal landscape.

Start Your Investment in Mexico Today

If you are considering buying property or starting a business in Mexico, our team is here to guide you every step of the way. Contact us today to learn how we can help you invest in Mexico safely and efficiently.