Second & Vacation Homes in Mexico
A second or vacation home in Mexico can be the perfect solution for your later retirement or for meeting the needs of people who find themselves visiting more and more often as the years go by.
There has been more than one story of a tourist who just got hooked on everything that Mexico has to offer and never wanted to leave!
Mexico has made serious strides toward attracting not only the tourists who account for the second biggest part of the Mexican economy, but also in reforming the once restrictive laws that prevented foreigners from buying and owning the real estate, homes and properties that will keep them coming back.
That means that outside of restricted areas, foreigners can own full rights and title to any property. They have the same rights as Mexican citizens. In restricted areas, title can be held by a trust, and a foreigner or a foreign corporation can own full rights and control over that trust. This has led to the booming real estate markets all along the gorgeous seaside towns throughout Mexico. Puerto Vallarta, Los Cabos, Cancun, and many other locations are now permanent homes, or Vacation Homes for people intent on spending the winter in comfort and positive natural beauty instead of snow and cold.