New Reform on Property Ownership in Mexican Tourist Areas by Foreigners

by Enrique Saldana (April 2013)

A new initiative to reform Article 27 of the Mexican Constitution with regards to the rights of foreign nationals to own property in Mexico has been launched. This initiative has been presented by el Diputado Federal (Mexico’s House of Representative’s member) Manlio Fabio Beltrones and has now been approved by a House of Representatives (HR) Committee and will now go for a full debate and final vote in the HR, to then go for a vote in the Mexican Senate.

Article 27 of the Mexican Constitution excludes foreigners from acquiring property ownership in a 50-kilometer strip along the Mexican coasts (Mexican beaches) and 100 kilometers along the Mexican frontiers. Although at present, Article 27 of the Mexican Constitution does permit foreign nationals to acquire property in those areas through the acquisition of a Trust, or the creation of a Mexican Corporation, whichever the case may be.

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