Location for Your Retirement

Location, Location, Location

Of course, to find your true dream retirement site, you need to travel to a few places you have selected and make sure that location is the one for you.  Different strokes for different retirement folks!

Since you can own land in Mexico, a big consideration for your chosen location is the climate.  There are many different climes that Mexico offers!  From hot, humid coastal areas to arid mountainous areas to plains and rolling hilly areas,  what ever type of climate you prefer, you’ll find it in Mexico.

The next thing to consider, after you decide on the location is:  YES, Americans CAN Legally purchase property in restricted zones, via a Trust.  In unrestricted locations, it’s pretty much as you would purchase a home in the States.  So, you can either buy or rent a home.


The Baja peninsula lies within a Restricted Zone, as does 50 kilometers (31 miles) from the coast in Mexico – along the borders with other countries, the restrictions are doubled – 62 miles or 100 kilometers.

Emerald Bay and mountains

To ‘buy’ property in these areas, it’s very simple – you need to use a “Bank Trust”, a Fedeicomiso, the legal, government-sanctioned System. There are specific banks that have been authorized by the Mexican government and are allowed to  hold a Fedeicomiso.

This Bank Trust, secured by the Central Bank of Mexico, is a legal substitute for deeded ownership and is provided specifically for foreigners to enable them to own property in the formerly restricted zones. So, yes, anyone can own real estate in Mexico with security and confidence.

The Fedeicomiso, established to protect your beneficial rights under guidelines provided by the Mexican government and their constitution, basically gives the owner of a property full control of that property.

The sole concern of the bank is to manage the property for the benefit of the owner of the trust.

Trusts are established for initial 50-year periods and are in perpetuity renewable.

You, the beneficiary, may build upon, tear d own, add to, improve, mortgage, sell & will, etc.


The Trust – Fideocomiso – which allows foreigners to purchase the lands in the restricted zone is in the midst of a possible change.

Recently, one of the Mexican Congressmen has sponsored a bill that would allow foreigners to directly buy oceanfront property for residential use, but not for commercial projects.

Some of the opposition feel “This would result in the foreign colonization of the country”.  Now, that really brings a laugh out of me, considering the number of Mexican people who have come illegally into the United States.

But, if the bill succeeds, it will give many foreigners an opportunity to feel more secure in purchasing in Mexico, especially the wonderful lands along the coast.

I will attempt to keep up to date on the situation, and let my readers know how things are progressing on the subject.


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3 Responses to Location for Your Retirement


    November 21, 2013 at 8:03 am

    Thanks for a very informative article. I have one or two friends who went to Mexico for an elective surgery , which was far less costly than in the USA and treatment and care were all very satisfactory. Now, what about dental treatment? Could you please address this? I need both necessary and cosmetic dental treatments, and unless I purchase a higher quality dental insurance, I’m looking at several THOUSAND dollars in cost. Advice please!
    Thanks in advance for your assistance.

  2. Barbie


    November 25, 2013 at 12:36 am

    Hi Liz – read all my articles about dentists in Mexico – we go there. We just got back from Algodones – 4 crowns, 2 root canals, 3 posts, cleaning and 5 fillings – total $1,600! Get to Mexico quick! Best to you.

  3. Liz Hobby

    November 25, 2013 at 12:52 pm

    Thank you so much. Planning my trip now!

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