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Mexico offers Canadians everything from lifestyle upgrades to income-generating rental opportunities. But while the destination is attractive, the journey to ownership can be complex. Thankfully, with the right knowledge and partners, it’s completely achievable.
Coastal Property and the Fideicomiso System
Mexico’s constitution bars foreigners from directly owning land in certain areas. Specifically, any property within 50 kilometers of the ocean or 100 kilometers of a border falls within the “restricted zone.” To allow foreign investment, Mexico established the fideicomiso system—a bank-administered trust that holds the property title on the buyer’s behalf.
This system has been used for decades and offers legal protection and full control over the property. Canadians can buy, sell, renovate, or rent their property just as they could if it were held in their name.
Lack of Financing: A Common Barrier
The biggest frustration for many Canadians is financing. Canadian lenders are almost universally unwilling to issue loans for international real estate. That means many otherwise qualified buyers have to sit out or liquidate assets to fund a purchase.
Seaport Credit Canada addresses this issue head-on. We provide a specialized international real estate loan—known as the Seaport Loan—specifically for Canadian investors seeking property abroad. We make financing available where others won’t.
Our bilingual staff will navigate you through our quick & easy process. We simplify the process from start to finish with fast approvals, flexible terms, and guidance throughout – making the possibility for you to get financing in as little as 30 days.
Mexico’s Market Momentum
Destinations like Cancun and Tulum are seeing rising property values and increased global attention. Whether you’re buying for lifestyle, investment, or retirement, now is the time to act.
Take Action with Confidence
With Seaport Credit Canada, you have a trusted partner who understands both Canadian investor needs and the complexities of buying in Mexico. Let’s help you finance your next chapter in paradise.
Contact Seaport Credit Canada today to explore your options and finance your next tropical property. Visit seaportcredit.com to find out more!
