Come to Mexico Expat Legal Services
Real Estate
Of course, you will need to rent or buy a place to reside here in Puerto Vallarta.
We can find the right place for you to fit your budget.
Whatever your needs may be for this service we can find the right place for you to fit your budget. We have expert local agents that know the Puerto Vallarta market very well and can find you your dream house or a temporary residence. We have one of the top English-speaking agents in the city available for your needs.
Meet Julisa Guevara
Real Estate
Julisa has more than 12 years of experience. She is a communicative person , outgoing and friendly, with good references and great work capacity.
Professional with passion for profession, excellent ability to organization and facilitate
teamwork. Very personable and adaptable to all types of environments.
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Clear goal orientation.
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Freelance work and autonomous
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Ability to perform tasks
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independently and in team
Employment History
May 2009 – Present
Independent Real Estate Consultant Own Business | Puerto Vallarta, JAL.
Worked in Real Estate for the last 12 years in Sales and Rents in Puerto Vallarta, have a portfolio of clients investors. knowledge of purchase process sale of properties for nationals and foreigners.
Twenty eight years living in Puerto Vallarta and eighteen of them having a business with a focus on tourism, knowing about the city, the environment, the trend in how much purchase and sale of properties and capital gains from the Port of first hand, manage several real estate pages on social networks. 100% English and 70% French.
Contact us to get more information about Canamerica Real Estate Services.
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Meet Lizeth Cardenas Gonzalez
Fiduciary Bank
Banca MIFEL Trust Department
"Buying property on the beach zone in Puerto Vallarta or Banderas Bay could be a great idea if you are planning to retire down here or to invest. However, there are some interesting facts that you must know about"
Mexican Constitution
Article 27 of the Mexican Constitution prevents foreigners from owning real state on the “restricted zone” (55 kilometers from the ocean inland and 100 kilometers from both borders inland). So how is it that we see so many foreigners buying real state in Puerto Vallarta and Banderas Bay? They do it thru a Trust. In order to protect the Foreign investing the Mexican government created the Restricted Zone Trust. Only banks are allowed to provide this service. In simple terms the restricted zone trust functions as follows: The seller (the trustor) of the property contributes the property in to the trust, action for he/she gets a payment, the bank or fiduciary receives the property physically but the rights to use it and enjoy it are for the buyer (the trustee) who is a foreigner. This legal contract allows foreigners to designate substitute beneficiaries whom will be able to claim their rights upon proving the passing of the main trustee.
Restricted Zone Trust
In order for a foreigner to be able to set up a restricted zone trust, the chosen bank will have to request for an authorization to the Federal Government, which is known as a FOREING MINISTRY OF AFFAIRS PERMIT. While the bank gets this permit the chosen notary will have to work on the issuing of the deed that will contain the trust, getting the appraisal, the no lean certificate and all the necessary documents in order to have all the paperwork in order for the signing of the deed. This whole process can take up to 2 months approximately.
When buying a property you will get an estimate cost from the notary with the list of expenses needed for the issuing of the Trust Deed. Most of the times this list includes the Foreign Ministry of Affairs Permit fee (payable one time only and it is emitted to be valid for 50 years) as well as the trust fees: ACCEPTANTE (payable one time only) and 1st ANNUAL FEE. It is important that you know that your trust will generate an annual fee for as long as the trust is valid. The only way to be able to cancel a restricted zone trust is when the foreigner transfers to a Mexican citizen or becomes a Mexican citizen him/her self. So when buying a property here in the “restricted zone” you must have all this information in order for you to know what to expect. The most important decision after the choosing of the property is deciding the Fiduciary you will deal with for the next 50 years or as long as you keep your trust.
In canamerica.com.mx we are committed to guide you to have the best experience when buying a property in Puerto Vallarta or Banderas Bay, for this reason we have gathered a team of professionals to ensure that the service and quality you receive throughout the process are insuperable.
Fiduciary Bank
This is the case of the Fiduciary Bank we suggest you use for your trust, we refer to BANCA MIFEL TRUST DEPARTMENT leaded by LIZETH CARDENAS GONZALEZ with 17 years of experience in the Fiduciary business who will ensure a safe, fast and easy service when buying a property in Puerto Vallarta and Banderas Bay. The Foreign Ministry of affairs permit can take up to 3 weeks with any other Fiduciary, where with Banca Mifel it is ready in 5 working days or less, same happens with the releasing of the deed project which with any other bank can take about a month to be released but with BANCA MIFEL it takes only 5 working days.