| Problems come about when foreigners try
to avoid the expense of establishing a Fideicomiso trust or a corporation
by looking for other options such a Power of Attorney or placing title
in the name of a Mexican friend. Both of these options are NOT safe
alternatives to taking legal title through a Fideicomiso Bank Trust
or Foreign owned Corporation. Buying property in Mexico is easy and successful if you remember to seek trained help and get all the facts from a reliable professional, not the cocktail circuit or someone you meet on the street. Be as formal and thorough in your Mexico business dealings as you would be at home. REMEMBER, IF IT IS TOO GOOD TO BE TRUE, IT PROBABLY IS. |
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Amerimex 2005