Legal Framework

PAnother great feature of the legal framework of our property lies in the fact that foreign investors who want to purchase a lot in our community DO NOT require to set up a bank trust to do so since we are not on the 50 kms mark from the ocean where a bank trust is needed. Out property lies 70 kms from the ocean so we are just above the threshold which allows foreigners to legally own the land under their name just as any Mexican citizen. This not only allows non-Mexican residents to own the property under their name but saves them a lot of money on paying the bank for a bank trust and consequent bank fees.