You can own property in Puerto Vallarta if you are Foreigner
5 SIMPLE “YOU MUST KNOWS”
1- FIDEICOMISO. Title to the property is held in a Mexican Bank trust. It´s name is FIDEICOMISO
Since 1974, the mexican government established
2- THE BUYER. Is THE BENEFICIARY of the Trust
3- THE MEXICAN BANK. Acts as the Trustee
4- THE BUYER HAS ALL The Rights of fee simple ownership just as you do in the States or Canada
5- THE FIDEICOMISO IS RENEWABLE. Every 50 years and can go on Forever.
Information is Power, and truth is: You can own property in Puerto Vallarta if you are Foreigner, let me guide you through the process when you are ready.
Daniel Duran is excited to be part of this challenging real estate market in Puerto Vallarta. Passion for service excellence, professionalism and complete client satisfaction.