Both Mexican nationals and foreigners are able to own real estate in Mexico. In 1973, the Mexican Constitution was amended to allow foreigners to own real estate as equally as any Mexican national. The Mexican Title is called an Escritura, which both national and foreigners can hold.
If a foreigner would like to purchase property in the more attractive areas of the borders and coastlines, a foreign ownership document called a Fideicomiso is used. A fideicomiso is a bank trust that protects the foreign owner to the rights of a property within 100km (64 miles) from an international border and 50km (32 miles) from a coastline at high-tide. This fideicomiso is a bank trust where the purchaser is the beneficiary of the trust. This is similar to trusts created in other countries to hold assets. Similarly, the fideicomiso trust allows purchasers to identify sub-beneficiaries in case of their demise. This is truly a protected, and well insured way to own property. It is common to see Mexican Nationals choose a Fideicomiso for their form of ownership since it acts like insurance to any real estate asset. Additionally, the bank holding the Fideicomiso Trust is required to verify ownership and confirm the property is free of liens, thereby adding additional insurance to the closing of any property.
Foreign Corporations, Foreign Trusts and Mexican Corporations (even owned by foreigners) can purchase real estate in Mexico and hold title. Real Estate ownership in Mexico is available for everyone.