Not All Property in Mexico Is Treated Equally
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Last Modified
on
Jan 31, 2023
Property, for example, in the more desirable coastal regions are generally not open to ownership by non-Mexican citizens.
That does not mean, however, that a United States citizen cannot own an “interest” in one of these beautiful towns or villages.
Through an arrangement called a “fideicomiso”, a United States citizen, even a United States company (corporation or LLC) can hold a life estate in real property in one of these desirable locations.
It does take some effort, but the process is well established and can be done without to much trouble. Talk to an estate planning attorney Las Vegas.
About the author:
Ken R. Ashworth
Founding Attorney of Ken R. Ashworth & Associates
Ken R. Ashworth is the Founding Attorney of Ashworth Law in Henderson, Nevada. He focuses his practice on asset protection, business litigation, estate planning, and tax litigation. Ashworth has practiced law since 1992 and is admitted to the State Bar of Nevada. He earned his J.D. from Pepperdine University School of Law in Malibu, California, in 1990. His work includes advising clients on legal matters involving businesses, estates, asset protection, and tax disputes.
