Fideicomiso

Making La Paz, Baja California Sur your new home is a big step. A fideicomiso (or as others would know it as a bank trust) is the way to go if you're a foreigner who plans to acquire property in Baja California Sur.

Fideicomiso Set-Up

Our firm can assist you with setting up your very first fideicomiso. We also have an extensive network and contacts with local banks and fiduciary agents so we can arrange your fideicomiso with the bank that fits best with your needs.

It is important to note that even the use of fideicomiso as an alternative to purchase real estate in Mexico this still has to go through a similar closing process as if you were a local. These are some of the steps and services you'll need to consider:

Assignment of Fideicomiso Rights.

There may be instances where a home owned by a foreigner through a fideicomiso is on the market. Our firm is fully equipped to manage the assignment of fideicomiso rights from foreigner to foreigner or even dissolving the fideicomiso if needed.

If you wish to have a more laid-back experience, then you've come to the right place.  We can handle your paperwork for real estate closing process, licenses, permits, as well as in litigious procedures. 

Our firm has strong connections with various public notaries to ease the set-up of powers of attorney which can be limited to specific functions to protect your interests.

Contrary to popular belief there are several real estate transactions executed in Mexico with the help of escrow accounts. However, escrow services do not exist in Mexico. Even so thanks to technology and globalization, you can have access to global escrow services with the help of one of our agents.

What is Escrow?

Escrow is a third-party service; it holds a down payment or property until a particular condition is met. In real estate it serves to protect both buyer and seller to guarantee the home buying process.

If you wish to learn more or hire this service, contact us right away to get the best legal aid and strategy for your escrow service.