Foreign legal entities and natural persons are permitted to freely acquire property inside Mexican territory.
There are certain limitations in the event that such property is fully or partially located within so-called Restricted Zones or Ejido (common land) Zones.
In the first case, these are zones located on:
- The strip of national territory comprising 100 kilometers the length of the borders; and
- the strip of national territory comprising 50 kilometers the length of the beaches.
At these zones, foreign legal entities and natural persons can acquire the freehold interest in the property solely to carry out tourist, commercial and industrial activities, while the purchase for residential purposes is permitted only with a trust through which the ownership of the property is transferred to Mexican banks.