PROTECTION OF PERSONAL DATA-. THE OWNER AND THE PROFESSIONAL both recognize that due to the purpose of this contract they are subject to have access to information that may contain personal data of them and/or related to them, and that some personal data of THE OWNER is contained in this contract. THE PROFESSIONAL and THE OWNER are compelled to observe the FEDERAL LAW ON PROTECTION OF PERSONAL DATA HELD BY PRIVATE PARTIES, and use thereof for direct or indirect achievement of the object of this contract; as well as the compliance, by THE PROFESSIONAL, of such obligations triggered by the current regulations. This clause constitutes a privacy notice in the terms of said law, for this purpose, THE PROFESSIONAL agrees to maintain the above mentioned privacy notice or any amendment to it via the following page:, Where THE OWNER may acknowledge the current conditions of aforesaid privacy notice.

THE PROFESSIONAL has a Department of Protection of Personal Data at his/her official address for the purposes of this contract, THE OWNER may also access, correct and cancel his/her registered personal data and deny the processing of it or revoke the consent for the purpose it has been granted through the procedures that have been implemented for this purpose. These procedures, requirements and deadlines may be requested from the Department of Protection of Personal Data by contacting via email to the following address: within the terms of the  FEDERAL LAW OF PROTECTION OF PERSONAL DATA HELD BY PRIVATE PARTIES (From hereon for reasons of brevity LFPDPPP by its initials in Spanish) THE PROFESSIONAL is authorized to report, for statistical and market analysis purposes only, to the VALLARTA-NAYARIT MLS the amount recorded in the Public Deed regarding the transaction herein expressed, specifically:


  1. Date of closing;
  2. Title deed recorded value;
  3. Dimensions, type and location of THE PROPERTY. 



PROTECCIÓN DE DATOS PERSONALES.- EL PROFESIONAL y EL PROPIETARIO reconocen que en razón del objeto de este contrato, pudieren tener acceso a información que puede contener datos personales de éstas y/o personas relacionadas con éstas, y que algunos datos personales de EL PROPIETARIO se contienen en el presente contrato. EL PROFESIONAL y EL PROPIETARIO se obligan a observar la Ley Federal de Protección de Datos Personales en Posesión de los Particulares, y a utilizar los mismos para la consecución directa o indirecta del objeto de este contrato; así como para el cumplimiento de obligaciones derivadas de la legislación vigente a cargo de EL/LA PROFESIONAL. Esta cláusula constituye un aviso de privacidad en términos del ordenamiento referido, para tal efecto, las EL PROFESIONAL se obliga a  mantener el mencionado aviso o cualquier modificación al mismo a través de la siguiente página:, en la cual EL PROPIETARIO podrá conocer las condiciones vigentes de dicho aviso. 


EL PROFESIONAL cuenta con Departamento de Protección de Datos Personales en el domicilio que han señalado como su domicilio convencional para efectos de este contrato, asimismo EL PROPIETARIO podrá acceder, rectificar y cancelar sus datos personales, así como oponerse al tratamiento de los mismos o revocar el consentimiento que para tal fin los hayan otorgado una respecto a la otra, a través de los procedimientos que para tal efecto han implementado. Podrán conocer dichos procedimientos, los requisitos y plazos, poniéndose en contacto con el Departamento de Protección de Datos Personales mediante correo electrónico a la siguiente dirección: dentro de los términos del Aviso de Privacidad y bajo estricto cumplimiento de la LEY FEDERAL DE PROTECCION DE DATOS PERSONALES EN POSESION DE PARTICULARES (en adelante y por efectos de brevedad LFPDPPP) se autoriza al PROFESIONAL para que, exclusivamente con fines estadísticos y de análisis de mercado, reporte a la Bolsa Inmobiliaria VALLARTA NAYARIT MLS el monto pactado en la escrituración final respecto de la operación de que trata este documento, específicamente:


  1. Fecha de escrituración; 
  2. El Valor de operación registrado en escritura pública;
  3. Dimensiones, tipo y ubicación de LA PROPIEDAD.

Buying Services for Puerto Vallarta Home Buyers

Por favor, póngase en contacto con nosotros por teléfono, en destino, en (011 52 322) 221 0111, a nivel internacional a nuestro número gratis al 1 888 796 6606 o por correo electrónico a aqui


Please contact us by telephone, locally at (011 52 322) 221 0111, or internationally on our toll-free number at 1 888 796 6606, or by email Here.



Congratulations!  You have decided to purchase a home or condo in Puerto Vallarta, Nuevo Vallarta, Bucerias, or areas North or South; at least you are thinking about buying one ...  You'll be joining the ranks of tens of thousands of others who realized that Puerto Vallarta is the destination they want to be.   

In the following reports, you'll find the information you need to make a wise buying decision.  We'll take you through the planning process step-by-step , to help you determine which home is right for you.  You'll find a host of informative articles on the offer, closing details and more.

Please contact us if you have any questions about buying a home in Puerto Vallarta or elsewhere in Jalisco or Nayarit.


10 Easy Steps to Buying property in Mexico.

Firstly, define your budget.

        Will this be a cash purchase or do you need help with financing?

Secondly, contact us.

        Let one of our experienced agents help you. We will also help with financing.

Thirdly, find your ideal property.

        We have access to the largest selection of properties in Mexico.

Fourthly, the agent will submit an offer to purchase along with proof of your good faith deposit.

Fifthly, sales price and terms are negotiated and agreed upon.

Sixthly, your agent draws up the sales contract with all items, dates, clauses and inclusions needed.

      Deposit good faith money (normally 10% of contract price) into escrow.

        (Promise to Purchase), establishes escrow account Deposit with remaining monies into escrow.

Seventhly, bank Trust or corporation is established.

Eightly, clear title is researched and issued.

And finally, your closing at the Notario.

        Deposit final monies and receive title


1. Can you really own property in Mexico?

Yes, absolutely.

In fact, foreigners are not only allowed to legally purchase property in Mexico, the Mexican government has gone to great lengths to make it safe and simple.

It is legal and 100% secure and we are here to guide you through each step.


2. How is it done?

You will own your part of paradise in one of two ways: either through a Fideicomiso (FEE-day-coh-MEE-soh) which is a bank-held trust, or through a Mexican corporation.


3. What is a Fideicomiso?

A fideicomiso is a real estate trust held on your behalf by a Mexican bank of your choosing (Scotia Bank, HSBC [largest bank in the world], Banamex [Citigroup], Santander [largest Spanish bank], etc.).  The bank acts as the Trustee, and you and those you designate are the Beneficiaries of the trust.   As the beneficiary of the trust, you maintain complete control over it, retaining the use of the property and making all investment decisions.  This is not a lease, it is equivalent to a Living Trust in the US and Canada.  A fideicomiso bestows upon the Beneficiary of the Trust (you) absolute and irrevocable control over the property: to enjoy, lease, improve, mortgage, sell, inherit and will.

Simply stated, your property is placed in a trust that you own to be administered by a Mexican bank on your behalf.


4. Why is a Fideicomiso necessary?

The purpose of the fideicomiso is to allow foreigners to buy prime Mexico real estate inside the “restricted zone,” and ensure a safe and secure transaction.  The “restricted zone” is any land within 31 miles (50 km) of the coastline and 62 miles (100 km) of the borders.  The Mexican constitution, when created, was designed to protect their land and prevent the kind of massive land loss they had endured through their history.  Rather than amend their constitution, Mexico created and added the fideicomiso to encourage foreign investment in the highly desirable areas, particularly along the coastline. Residential properties outside of the restricted zone can be acquired directly by foreigners without the need for a bank trust, although some buyers opt to use it.


5. Is the Fideicomiso an asset of the bank?

No.  Your trust is not an asset of the bank; they are merely the stewards of the trust.  You and those you designate are the beneficiaries.   The trust to your Mexico real estate property is held by the bank for the beneficiary (you) and is not considered an asset of the bank therefore not exposed to any legal action that the bank might find itself in.  The trust is the beneficiary's property.


6. For how long is the Fideicomiso good?

The Trust is initially established for a period of 50 years and can be renewed at any time by a very simple form and a nominal fee.  The trust is set in 50-year increments guaranteed renewable for perpetuity.  The current cost is about $500 USD, depending upon the bank.


7. Can the government take my Property?

Foreigners often worry about their land being expropriated by the Mexican government.  Under the North American Free Trade Agreement, NAFTA, Mexico may not directly or indirectly, expropriate property except for a public purpose (i.e. building roads).  And only through a legal condemnation proceeding will this be possible.   In the rare case where it is necessary to expropriate land, the government will pay swift and fair market compensation to the owner, together with accrued interest.  This is the same process known as Eminent Domain in the USA, Compulsory Purchase in the UK or Expropriation in Canada.

Insider Tip: If you have ever heard one of those stories about someone getting their property taken by the Mexican government, it is because the unfortunate person bought Ejido land, which is untitled land that only a Mexican national can legally own.  Ejido land is the only land in Mexico that is without title.  More about this topic below.


8. Why buy through a Corporation?

Many investors choose to purchase property though a corporation if the intent is to conduct the investment as a business.   This would be the case in situations such as buying and selling land, renting their property or when owning more than one property.


9. What are the Types of Mexican Corporations?

There are several different types of Mexican corporations, however the two most common are a limited liability corporation (LLC) and a limited liability partnership (LLP).  Choosing which type of corporation to set up is important for tax purposes in both the US/Canada and Mexico, and you should speak with an attorney or accountant on both sides of the border to understand the benefits and costs each one entails.  Making sure the choice is made correctly from the beginning will save you time and money.


10. How does buying through a Corporation work?

Ownership of property in Mexico is possible through the establishment of a Mexican corporation.  As of 1995 foreigners can fully own, operate and administer Mexican corporations.   A foreign corporation in Mexico requires two or more individual investors, who combined, control 100% of the corporation.  One person needs to be a Mexican.  Once your Mexican corporation is formed, it has the legal capacity to acquire property anywhere in Mexico, including the restricted zone.  Through a corporation, foreign owners acquire the right of domain, in addition to possession and benefit.  The property is owned with the same rights as if it were a Mexican entity. There are no investment restrictions on foreign-owned Mexican corporations aimed at buying and developing property.


11. What is the cost to set up a Corporation?

Typically, an attorney will charge $1,500 USD to set up the corporation.   Additionally, there is a fee of approximately $100 USD per month for accounting of the corporation.


12. Who represents and protects my interests?

There are 4 parties involved in a Mexico real estate transaction inside the restricted zone. All are helpful in their respective areas and each serves a purpose in assisting you with your real estate transaction. >

  • Real Estate Company
  • Buyer’s Attorney
  • Bank (if buying through a Fideicomiso)
  • Notario


Real Estate Company

13. Real Estate Company

The process of buying property in Mexico will inevitably have differences from what you may be accustomed to.  That is why having the right people on your side is so important.  Not only will it make all the difference in your experience, having a team of experienced, knowledgeable agents dedicated to guiding you through each step, ensures that you buy smart and buy secure.  We at RE/MAX Sites Marina pride ourselves on the personalized dedication we love to provide our clients. More often than not, we develop great friendships with our clients as we take them through to realizing their dream.  Please check our past client referral letters as evidence.



14. Why use an attorney?

We recommend using an attorney because we believe it is in your best interest.   An attorney will represent you and protect all your legal transactions.   The attorney will draw up contracts and review the terms and conditions of the sale.  Legally, only a licensed Mexican attorney should provide advice on the laws.  Foreign attorneys are not licensed to practice law in Mexico and should not give advice on Mexican law.

Insider Tip: Buyers Beware - A common story in Mexico: sometimes well-intentioned, but more likely unscrupulous people, will promise a better deal saying they have a friend or relative who can offer discounted costs and save you money. This is almost NEVER the case.  Allowing inappropriate people to become involved opens the door to improper documentation. Having to go back and fix what was done incorrectly will end up costing you thousands of dollars as opposed to having an attorney represent and protect your interests from the beginning.


15. What purpose does an attorney serve?

In addition to representing your best interests and protecting your legal transactions, an attorney can be very helpful in saving you money.  This is because attorneys are involved in many of the different transactions necessary and have contacts with banks, notaries and the Mexican government.  They are aware of the most competitive costs and fees involved and make sure the buyer is given the best possible prices.

You will also receive your attorney’s advice on legal options to be sure no opportunities are missed, such as tax planning, closing costs that should be paid by the seller and ways of taking title.  Very often one piece of good advice can save buyers thousands of dollars in tax or other savings when the buyer eventually decides to sell the property.



16. Who and what is a Notario in Mexico?

A Mexican Notario (Notario Publico) is a licensed attorney, certified by the state and Federal government to act as an official and unbiased representative of the government of Mexico.  A Mexican Notario is similar to a notary in Canada and the U.S. but has far greater responsibility and qualifications.  A Mexican Notario has passed stringent exams required by the Mexican government and is a government official.  They provide strict security of original records and documents and they record the documents with the Public Registry of Property.  A Notario's role is taken very seriously in Mexico in that the Notary could be held liable in both civil and criminal terms.


17. What purpose does the Notario serve?

The Notario performs a variety of tasks including the authentication of legal documents, the calculation of capital gains tax and is responsible for ratifying ALL real estate transactions in Mexico.   Any real estate transaction not ratified before a Notario and duly recorded in the Public Registry is considered invalid and not enforceable.

In a real estate transaction, the Notario is equally responsible to the buyer and the seller and ultimately responsible to the Mexican government.  Their job is to ensure the legality of the transfer of title, to calculate and retain the seller’s capital gains tax on behalf of the government, collect the purchaser’s acquisition tax and pay it to the Department of Foreign Affairs, coordinate appraisals, certificates of no liens, certificates of no debt and request all corresponding permits.  After the closing, the Notario must record the transaction at the Public Registry and the Tax (Catastral) Office.  This role is taken very seriously in Mexico in that the Notary could be held liable in both civil and criminal terms.

The Mexican Notario is capable and legally authorized to carry out the transaction.  However, we recommend also using an attorney to represent all your interests and protect your legal transactions.  Of course, RE/MAX Sites Marina has an in-house attorney at your service.


Bank (if buying through a Fideicomiso)

18. What purpose does the bank serve?

The Trustee Bank is the Mexican bank authorized to act as Trustee.  The Trustee Bank must be a Mexican registered financial institution with an established trust department.  As a buyer, you have the right to select any qualified bank (Scotia Bank, HSBC [largest bank in the world], Banamex [Citigroup], Santander [largest Spanish bank], etc.).  The bank ensures that the closing is legal and appropriate.  They will issue a trust for the real estate for your sole use. The Bank Trustee is prohibited by Mexican law from transferring ownership of the property, changing the beneficiary rights or doing anything regarding the property without your written instructions.   Having a major bank looking out for your interest is yet another added layer of protection for the buyer.


19. Am I protected if something happens to the bank?

Yes, absolutely.  Mexican banks have government protection against bankruptcy.  The trust is guaranteed indirectly by the government.

Properties that are held in trust are not assets of the bank.   In the extremely rare case that the Mexican bank goes into financial difficulty, the property is transferred to another Trustee Bank.   The new Trustee Bank will take care of the existing trust.  These are federally imposed laws.


20. Do I need Title Insurance?

Title insurance has been available in Mexico since 1993 and its purchase is optional.  Some foreigners are used to having Title Insurance as part of the real estate transaction, so they feel reassured by having it.   It is considered an insurance policy for property ownership and a title policy is the only monetary indemnification a buyer can obtain for property ownership.  Similar to a standard contract of indemnity, it guarantees that the property is free and clear of any claims, judgments, liens or other legal issues.  Title insurance is an extra assurance the ownership rights are held by a Fideicomiso.  Your attorney and the Notario also both verify that the title is free of any encumbrances.


21. Who do we work with for Title Insurance?

RE/MAX Sites Marina works with both First American Title Company and Stewart Title, to handle all of our title work and protect you.  Whether you use First American or Stewart Title, you can rest assured that they will support and represent you and any potential wrongful claims to your new Mexico real estate property purchase.  First American Title was the first foreign company to issue Title Insurance on Mexican soil.


22. What are the steps to obtaining Title Insurance?

There are 3 steps to obtaining Title Insurance:

  • 1. A 50% deposit of the Title Insurance Policy account is made and the buyer is issued a “Title Commitment.”
  • 2. There is a waiting period of 60 – 90 days for the city to record the title.
  • 3. The remaining 50% balance is paid and the buyer is issued the Title Insurance Policy.

23. What are the Total Closing Costs?

Total Closing Costs including: taxes, Notario fees, setting up the escrow, appraisal fees, origination fee, application, establishing the trust and obtaining the SRE Permit will cost around 4% - 6% of the sale's price.  Why the range?  Simply because there are items or costs that are fixed and others that are pro-rated to the value of the transaction.

If you have been approved for financing and choose to mortgage your property, the closing costs will be closer to 7% - 9% of the sale's price.  85% of real estate transactions in Mexico have typically been purchased with cash, but the option for a Mexico mortgage loan, being a fairly recent addition, has become increasingly popular.

  • The buyer’s fees include the following (these are approximates for ease of understanding):
  • 2% acquisition fee
  • 1% recording fee
  • 1% notary fee
  • $3,000 USD attorney fee
  • Buying through a Trust
  • $1,500 set up fee
  • $500 registration fee
  • $500 annual fee
  • Buying through a Corporation
  • $1,500 set up fee
  • $100 monthly fee

24. What is Ejido land?

Insider Tip: We strongly recommend not buying Ejido Land because it is the only land in Mexico without clear title.

Ejido land (communal agricultural land).  The land was owned by the federal government and the members of the Ejidos "ejidatarios" were permitted and required to use and work the land, however no one could sell, lease or use the land for collateral.  That is until January 27th, 1992 when a new law passed allowing the privatization and sale of Ejido land.  The right to use this type of land can be purchased, but always a risky deal.  It is important to understand that ejido titles can only be sold, or transferred to other members of the Ejido community.  Individual Ejido members must obtain a full title through the "Domino Pleno" process before the title can be transferred to a foreign buyer.  If this is not the case this will not be your property, you will only be allowed to use it.


No Online Reports Available

* * Maximum of 2000 characters