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Las Olas Developments Financing
"With a Fixed rate 15 year term, and esay in-house Financing it is easy to make your dream come true, but what about buying property in mexico as an American citizen? Easy, a simple bank trust is the answer... |
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Here's How it works
With the assistance of Scotiabank Inverlat, property may be held in trust for you in Mexico's "Restricted Zone" - anywhere within 50 kilometers of the coast or 100 kilometers of the border. Setting up a trust is the only way foreign individuals can legally purchase property in the restricted zone.
The process is easy and straight Forward
The property owner transfers title to a trust set up by Scotiabank Inverlat at your request. Scotiabank Inverlat acts as the trustee, holding the property for your benefit. Currently the trust can be created for up to 50 years, with subsequent renewals at your option.
As the trust beneficiary, you can use and enjoy the property as you wish, just as though you owned the property directly. For example, you can rent the property out, transfer it to a third party, or even sell it.
We can Help
When you buy at Las Olas Developments, we guide you through the process carefully and provide advice and all the necessary paperwork for you to have a safe and pleasant transaction while obtaining your property in Mexico. Feel free to contact us if you have any doubts or inquiries in this or any other regard.
Call directly in the US: (619) 734 2387
Call Mexico: 011 (52) (661) 100-2544
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With three premium locations covering all the best spots in Rosarito, come see which condo development is right for you!
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