The buying process in Mexico is simpler than many foreigners expect, especially with proper guidance. Whether you want a vacation home, a long-term retreat, or a permanent residence, understanding the process ensures a smoother experience.

Choose the Right Location
First and foremost, decide where you want to invest. Yucatán is one of the most attractive regions, thanks to its safety, cost of living, climate, and hospitality. Before purchasing, spend time in the area, observe daily life, and explore infrastructure and amenities.

Understand the Restricted Zone Trust
If your desired property is within 50 km of the coast or 100 km of the border, you’ll need a Restricted Zone Trust. This legal structure allows foreigners to use and benefit from property without holding direct ownership. A Mexican bank becomes the legal trustee, while you retain full rights of use, sale, and inheritance.

Step-by-Step Purchase Process
After choosing a property, negotiate the price and sign a preliminary agreement. This contract usually includes a deposit of 5–10% and outlines all terms. Your notary public then steps in to verify the property’s legal status and ensure the transaction meets all legal requirements. Unlike in other countries, notaries in Mexico have public faith—what they validate is legally binding.

Your documentation may include a passport, tourist permit, and birth or marriage certificates. The seller must present property deeds, tax receipts, and utility payments. Once all is in order, the notary prepares the final deed and schedules the signing.

Key Costs and Considerations
The buying process in Mexico comes with specific expenses. These may include:

• Foreign Affairs permit (~$1,100 USD)

• Acquisition taxes (2–6.5% depending on municipality)

• Notary fees (1.5–2% of property value)

• Annual trust fee (~$600 USD)

• Property tax (minimal compared to other countries)

Surveys, legal consultations, and appraisals may carry additional fees. Despite these, buying in Mexico remains financially attractive.

Make Your Investment with Confidence
In conclusion, the buying process in Mexico is accessible and legally secure when managed by professionals. Choosing a reputable notary and understanding your rights as a foreign buyer makes the difference.

Ready to invest? Contact a certified notary and start your property journey today.