A foreigner can acquire a property in the national territory, however, there are some considerations that you should know as a result of the so-called Calvo Clause:
Every foreigner must enter into an agreement with the federal government, particularly with the Ministry of Foreign Relations to be able to buy a property. In this agreement, the foreign person agrees to consider himself as Mexican with respect to said acquisition and not invoke the protection of his government to resolve any controversy related to the property, at the risk of losing, if he did not comply with the agreement, the goods or investments for the benefit of the nation.
You will not be able to acquire real estate on parcels or “ejido land”, nor in the restricted area that corresponds to a strip of 100 km along the borders and 50 km wide on the coasts.
This last limitation is relevant, since Mexico is a country with a large number of kilometers of coastline and borders, so the area restricted to foreigners occupies practically half of the national territory.
You may wonder, then, how there are foreign hotels on Mexican beaches. According to the National College of Mexican Notaries, the 1993 Foreign Investment Law qualified the prohibition that exists in Article 27 of the Constitution, by opening it to foreign investment through certain figures or companies, including the trust, the Mexican companies with a foreigners admission clause and companies with foreign investment, in the latter case, as long as they are not residential.
The objective of this reform was to promote economic growth by making it possible for Mexican companies with foreign capital to invest in these areas, basically for factories on the border and tourist developments on the beaches.
We advise and accompany you in the purchase process.
You will be able to visualize the location of your lot as it appears in the following image.