Buying a dream home by the beach in Mexico is a common goal for U.S., Canadian, and international buyers. Los Cabos, with its luxury resorts, world-class golf courses, and pristine coastline, is one of the most desirable places in the country for foreign investment. But many buyers ask the same question: Can foreigners legally buy beachfront property in Mexico?
🇲🇽 The Short Answer
Yes, foreigners can buy beachfront property in Mexico.
However, there is a special process called a fideicomiso (bank trust) that makes it possible.
📍 Why the Extra Rules?
- The Mexican Constitution restricts foreign ownership of property within the Restricted Zone:
- 50 km (31 miles) from any coastline
- 100 km (62 miles) from international borders
Since Los Cabos is coastal, it falls inside this restricted zone. Instead of direct title, foreigners buy through a fideicomiso.
🏦 What is a Fideicomiso?
A fideicomiso is a renewable 50-year trust established with a Mexican bank. Here’s how it works:
- The bank holds the title to the property, but you (the foreign buyer) are the beneficiary.
- As beneficiary, you have all rights of ownership:
- Live in the property
- Rent it out for income
- Remodel or build on it
- Sell it at any time
- Pass it on to heirs
Think of the bank as an administrator, not an owner. You control the property just like any Mexican citizen would.
💰 Costs & Renewal
- Initial fideicomiso setup: approx. $2,000–$3,000 USD (one-time closing cost).
- Annual bank administration fee: approx. $500–$700 USD/year.
- Renewable indefinitely in 50-year increments.
✅ Benefits of Buying with a Fideicomiso
- Full ownership rights with legal protection.
- Inheritance flexibility: name heirs directly in the trust (avoiding probate).
- Resale value: foreign buyers recognize fideicomiso as a standard and safe system.
🌴 Example: Playa Tortuga Lot 11
At FINN.group, we specialize in helping foreign buyers secure beachfront lots like Playa Tortuga Lot 11 through fideicomiso trusts. With our legal and banking partners, the process is transparent, safe, and designed for long-term investment security.
🤔 Frequently Asked Questions
Q: Can the Mexican government take my property?
A: No — your rights are protected under Mexican law and international investment agreements.
Q: Do I have to live in Mexico to keep my fideicomiso?
A: No, you can live abroad and still own, rent, or sell your Cabo property.
Q: Can I finance a property held in fideicomiso?
A: Yes, through Mexican banks or U.S./Canadian lenders that specialize in cross-border mortgages.
📞 Ready to Buy Beachfront in Cabo?
FINN.group guides clients step by step through the fideicomiso process — from offer to closing. Whether you’re looking for an investment property or a family retreat, we ensure your purchase is secure and smooth.