{"id":52077,"date":"2024-10-15T11:39:22","date_gmt":"2024-10-15T16:39:22","guid":{"rendered":"https:\/\/onixliving.mx\/acquiring-property-in-mexico-what-you-should-know\/"},"modified":"2026-08-31T12:21:25","modified_gmt":"2026-08-31T17:21:25","slug":"acquiring-property-in-mexico-what-you-should-know","status":"publish","type":"post","link":"https:\/\/onixliving.mx\/en\/acquiring-property-in-mexico-what-you-should-know\/","title":{"rendered":"Acquiring Property in Mexico: What You Should Know"},"content":{"rendered":"\t\t
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The Riviera Maya is one of the most sought-after destinations for foreign investors, both for its natural beauty and vibrant development. Cities such as Playa del Carmen, Canc\u00fan, and Tulum offer attractive opportunities, but it is crucial to understand the regulations and legal processes to ensure a successful and secure property acquisition. At Onix Living<\/span>, we not only guide you through every step, but we also optimize the process to make it efficient and hassle-free. <\/div>
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1. Restricted Zone and Trust<\/span><\/div>
The Mexican Constitution stipulates that foreigners cannot acquire property directly within the “restricted zone,” which includes 50 km from the coasts and 100 km from the borders. The Riviera Maya is within this zone, so foreigners must use a trust<\/span> to complete the purchase. <\/div>
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What is a Trust?<\/span><\/div>

A trust is a permit granted by the SRE (Ministry of Foreign Affairs) through a Mexican bank, where the foreigner is the beneficiary. This grants all rights over the property, as if you were the direct owner. At Onix Living<\/span>, we work with prestigious banks that expedite the creation of trusts, offering legal security and peace of mind to our clients. <\/p><\/div>

2. Selection of Public Notary<\/span><\/div>

Any real estate purchase in Mexico must be supervised by a public notary<\/span>. The notary will verify the authenticity of the titles and ensure the property is free of debts. At Onix Living<\/span>, we facilitate the process by collaborating with trusted notaries who are familiar with our properties, ensuring a fast and efficient procedure. <\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t

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4. Financing and Payment Methods<\/span><\/div>

There are different financing<\/span> options for foreigners interested in acquiring property in the Riviera Maya. Some developers offer direct financing, and Mexican banks also provide mortgage loans, provided requirements such as proof of income and good credit history are met. At Onix Living<\/span>, we offer flexible payment plans tailored to each client’s needs, ensuring a smooth and seamless transaction. <\/p><\/div>

<\/span>5. Taxes and Related Expenses<\/span><\/div>
When acquiring a property, it is important to consider additional expenses such as:<\/div>