Can a non-Mexican corporation own a property in Mexico?

OffshoreAllan · Post by **OffshoreAllan** » Fri Jan 30, 2009 7:32 pm

Hello,

My questions is for the real estate experts. Can a non-Mexican corporation own a property in Mexico?

I have some clients interested in investing when the market stabilizes at a lower level but they wish to own it through a Panama Foundation which holds all their assets.

Is this possible in Mexico -- I know it is initially held by a trust for all gringos.

lyrihn · Post by **lyrihn** » Sat Jan 31, 2009 5:30 pm

Not directly. However i believe that any legal entity can establish a mex corp and thereby control assets in Mexico. Check with an attorney here in mexico.

So basically the foreign corp would be a shareholder of a mex corp which would own the property