The Emergence of Mexican Real Estate

Within the last few years, times have changed dramatically.  Over 1 million Americans live in Mexico, many of which have decided that it will be the last place that they will ever live. 

Retirees are attracted by the beautiful year round weather, affordability, and quality health care.   In many cases, those seeking comfortable retirement will find that inadequate post-employment benefits will drive them to Mexican beachfronts.  Whether it will be Social Security instability, dwindling pensions, or expensive medical care, 70 million baby boomers slated to retire in the next few decades will now have options south of the border. 

The bank trust that now enables Americans to purchase land through a bank trust is called a fideicosimo.  Put simply, with this type of bank trust, you retain the right to use and sell the property at your will for a 50 year period, renewable every 50 years.  Partnered with the emergence of major lenders participating in offering Americans loans for Mexican property, developers are jumping to the opportunity to provide lavish housing at waterfront locations for highly affordable prices. 

When executed with the customer’s best interests in mind, LEI knows exactly the steps to find the right Mexican property at the right price.  There are certainly still pitfalls in purchasing, but we have identified them and guarantee a safe Mexico purchase for all of our customers.

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