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For Canadians, the dream of owning property in Mexico is becoming more popular than ever. Warm weather, beautiful coastlines, and attractive property values make places like Cancun, Tulum, and Puerto Vallarta top picks. But turning that dream into a reality involves navigating a few important legal and financial steps.
Restricted Zones and the Fideicomiso Solution
One major consideration is Mexico’s constitutional restriction on foreign ownership in designated “restricted zones”—areas within 50 km of a coast and 100 km of a border. To purchase property in these areas legally, Canadians must use a fideicomiso, a bank trust agreement that grants full usage and ownership rights while the title remains with a Mexican bank.
A fideicomiso is not just a workaround—it’s a long-established legal structure backed by decades of practice. It provides the foreign buyer with all practical rights of ownership: to rent, sell, improve, or inherit the property. The trust is renewable every 50 years, making it a long-term solution.
Financing That Matches the Opportunity
Once Canadians understand the fideicomiso structure, another challenge usually arises: financing. Canadian banks generally won’t lend for property outside Canada, and few know where to turn next.
That’s where Seaport Credit Canada offers a powerful advantage. We provide international real estate loans crafted specifically for Canadians looking to invest abroad. Our Seaport Loan makes it possible to fund your purchase without depleting your local savings or assets.
Whether you’re buying a beachfront home in Playa del Carmen or a condo in Los Cabos, our bilingual team is with you every step of the way.
Invest Before Prices Rise Further
With tourism infrastructure expanding and demand increasing, Mexican real estate is appreciating fast. Acting now gives you access to properties at today’s prices, while financing through Seaport gives you flexibility to move quickly.
Don’t let the legal and financial process discourage you. With Seaport’s support, your investment in Mexico becomes a clear, actionable plan.
Discover Your Path to Mexican Property Ownership
Reach out to Seaport Credit Canada today and learn how our tailored financing for Canadians can help you secure your dream property in one of Mexico’s most desirable locations.
Contact Seaport Credit Canada today to explore your options and finance your next tropical property. Visit seaportcredit.com to find out more!