When purchasing commercial properties or
large tracts of land, foreigners can form a Mexican corporation. The
law allows Foreign owned Mexican corporations to purchase commercial
properties through a fee simple deed as long as the property will
not be used as a personal residence. The cost for our office to form
the corporation including the corporate charter, all fees associated
with regular federal, state, local permits and licenses should not
exceed $2250 USD. In addition to the cost of setting up your Mexican
corporation you will have standard closing costs which would start
at about $2000 and increasing depending on the size and value of the
property.
Keep in mind that you will have to obtain appropriate immigration
and tax documents if you are the corporate administrator. Plan on
being in Mexico for at least 2-3 weeks while you do these filings.
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