Mexico is considered one of the best places of the world for retirement, very popular among international investors from a few decades now, mostly because is one of the largest countries in Latin America, for being close to United States and due the currency that actually gives an exceptional value to real state.
Many times the question is how a foreigner can have properties in Mexico? The absolute answer is YES. As a foreigner you can buy and sell properties, even if it is located in “restricted zone” whom are clearly defined in Mexican law and constitution[1] , all this is possible with a Trust Figure.
The trust is in Mexico a legal instrument that allows a foreigner to have rights on the land for residential, commercial or tourist business[2], in other words gives absolute control over the property, and owner can rent, modify, and even donate it.
Besides all this easiness, Mexico offers amazing landscapes and unique characteristics: “Two large coasts, sierras, pueblos and colonial cities, archeological zones, jungle, rainforest, rivers and lakes…” sais Kathleen Peddicord in a Forbes Article[3]. In one of this mentioned sierras that Huatulco is located, a tourist destination planned, design and built at early 80´s.
Huatulco was built by Mexican government Trust named FONATUR, from the beginning the added value of the land has increased and to this day stills on rise. The development of the whole city is growing but is easy to do an invest either in a condominium, a loft or even a house with very attractive and reachable price.
Huatulco also, is the first sustainable tourist destination of American Continent, 65% of the extension is natural reserve, destined to ecologic and wild life conservation purposes, the other 35% of the extension is tourist matter. Almost all of the electricity is wind generated, has air, sea and land communication ways, and even with archaeology zones, besides breathtaking beaches and a truly great weather almost all the year.
Thinking in Huatulco goes beyond an investment opportunity, this paradise in southern Mexico gives you the chance of enjoy a calm and good life quality, friendly environment, surrounded by natural marvels.
Sources:
[1] Restricted Areas. Mexican Constitution states that 64 miles around borders and 32 miles around coast. This are refernced zones that Mexican Law intervene in between foreign people and real state commerce.
[2] https://www.camescom.com.mx/fonatur-donde-y-como-invertir-en-mexico/
[3] https://www.forbes.com/sites/kathleenpeddicord/2019/01/18/4-best-places-to-buy-a-second-home-overseas-in-2019/#11242d7d79be
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