Can American citizens own beach and
beach view property in Mexico?
YES!
Americans can own property in Mexico through a
Fideicomiso or Bank Trust. Any foreigner can
institute a Fideicomiso (the equivalent to an
American beneficial trust) through a Mexican bank
in order to purchase real estate anywhere in
Mexico, including what is commonly called
the Restricted Zone.
Definition of Ownership!
To do so, the buyer requests a Mexican bank of his/her choice to act as a trustee on his/her behalf. This conveys the same bundle of rights that holding property "fee simple" does in the United States. You can will it, lease it, sell it, rent it and improve upon on it... It's absolute. It's irrevocable. It's in perpetuity. And that is the definition of ownership.
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