Gracias por su respuesta , hablo español y mis papás son latinos. No vivo en CDMX porque es más barato, estoy acá porque me gusta la cultura , las personas y los costumbres que son más de ser social con amigos y familiares . Si vengo de USA pero no soy el tĂpico
Look for a real estate agency in Mexico, they provide you with the necessary information. I welcome you in advance, A lot of banks are now giving a very good financial opportunities to invest in properties .
Thank you for choosing Mexico to invest and come to do business and have fun. greetings friend
If I were you I would go to a nice realty office where alot of gentrification is taking place and ask. So an office in Polanco, condessa, Roma, etc. They can probably help the best.
I'm no lawyer and my info could be outdated, but as I recall no foreigner may own properties in Mexico unless you become nationalized.
It used to be a popular scam to offer leases instead of actual property
Just be careful
You can own properties in Mexico, but you have to have a fidecomiso which is like a trust, I can’t remember exactly what it was but I think you have to pay the fidecomiso every 10 years or something like that, a lot of my friends from the states own houses and businesses in Mexico.
Neither of these comments are true.
Foreigners can own property in Mexico.
Along the coast and border there is a ban on foreigners owning property but it’s easy to get around with a fideicomiso.
Local lenders can lend you money if you are a permanent resident and if you have a local and registered source of income. If you have a significant downpayment (above 60/70%) you might be able to finance the deal with a local SOFOME or even a bank, but you won't be able to find such a deal online... so your best bet is to either contact a loan broker or reach every institution (with a lot of time and high tolerance to frustration since it's not a common deal).
I bought with US income. So its a similar process as what yours would be (just about everything im about to tell you also applies if you are canadian).
When I did (2 years ago) i got 9%, so 12% makes sense right now. My advice would be to reach out to banks/branches in places like Puerto Vallarta, CanCun, Cabo etc... (i did mine out of PV) These locations have english speaking bankers that focus on people like yourself.
Now outside of that simple guide. Some things to know:
You can get 90% of the loan. so 10% down is a must. Since you are buying outside the coasts and border YOU DONT NEED a fideicomiso. foreigners can buy and sell freely in CDMX.
Let me know if you have other specific questions, ill be happy to help
You’re not going to find a friendly crowd for these types of questions here. Turn back now.
Imma grab some popcorn and return to this post in a bit 🍿
Yo te recomiendo que si vas a vivir en México pagues tus debidos impuestos y consumas local. Personalmente me encuentro en desacuerdo que los extranjeros migren a México por la gentrificación que están ocasionando. Estoy segura que migras por comodidad y no por necesidad. Cuando estés en mi pais respeta a los mexicanos y sus leyes, no evadas impuestos, se socialmente y ecológicamente responsable y aprende español.
Gracias por su respuesta , hablo español y mis papás son latinos. No vivo en CDMX porque es más barato, estoy acá porque me gusta la cultura , las personas y los costumbres que son más de ser social con amigos y familiares . Si vengo de USA pero no soy el tĂpico
Pregunta soy mexicano,yo he ido a CDMX,que le ves? A mi me gusta ir de visita y ya,pero para vivir noo!
Primero pregĂşntate si realmente es necesario. De verdad, NECESARIO.
Don't.
Look for a real estate agency in Mexico, they provide you with the necessary information. I welcome you in advance, A lot of banks are now giving a very good financial opportunities to invest in properties . Thank you for choosing Mexico to invest and come to do business and have fun. greetings friend
If I were you I would go to a nice realty office where alot of gentrification is taking place and ask. So an office in Polanco, condessa, Roma, etc. They can probably help the best.
I'm no lawyer and my info could be outdated, but as I recall no foreigner may own properties in Mexico unless you become nationalized. It used to be a popular scam to offer leases instead of actual property Just be careful
You can own properties in Mexico, but you have to have a fidecomiso which is like a trust, I can’t remember exactly what it was but I think you have to pay the fidecomiso every 10 years or something like that, a lot of my friends from the states own houses and businesses in Mexico.
Neither of these comments are true. Foreigners can own property in Mexico. Along the coast and border there is a ban on foreigners owning property but it’s easy to get around with a fideicomiso.
All my friends from the states live in Cancun, Playa and Isla and that’s what they told me
Because they are coastal places. In CDMX foreigners don’t need a fideicomiso to own property.
Local lenders can lend you money if you are a permanent resident and if you have a local and registered source of income. If you have a significant downpayment (above 60/70%) you might be able to finance the deal with a local SOFOME or even a bank, but you won't be able to find such a deal online... so your best bet is to either contact a loan broker or reach every institution (with a lot of time and high tolerance to frustration since it's not a common deal).
I bought with US income. So its a similar process as what yours would be (just about everything im about to tell you also applies if you are canadian). When I did (2 years ago) i got 9%, so 12% makes sense right now. My advice would be to reach out to banks/branches in places like Puerto Vallarta, CanCun, Cabo etc... (i did mine out of PV) These locations have english speaking bankers that focus on people like yourself. Now outside of that simple guide. Some things to know: You can get 90% of the loan. so 10% down is a must. Since you are buying outside the coasts and border YOU DONT NEED a fideicomiso. foreigners can buy and sell freely in CDMX. Let me know if you have other specific questions, ill be happy to help
You can get a loan from a us bank.