Fideicomiso 101: How Foreigners Buy Property in Mexico's Restricted Zone

Montealegre Luxury Homes
Exclusive analysis, trends, and opportunities in the Baja California Sur luxury real estate market, written for high-level investors.
Buying in Los Cabos as a foreigner is completely legal, secure, and simpler than it seems. The bank trust — or fideicomiso — is the mechanism thousands of Americans, Canadians, and Europeans have used for decades to own oceanfront property in Mexico.
Montealegre Luxury HomesIn the next 18 months, Los Cabos will receive nine new properties from the most coveted brands on the planet — Aman, St. Regis, Soho House, Park Hyatt, Conrad, and Raffles. What is happening is not a construction cycle: it is a permanent redefinition of the global luxury map.
Montealegre Luxury Homes
Market6 minThe first half of 2025 set a new all-time record for the Los Cabos real estate market: 1,038 closed transactions, USD 878 million in total volume, and 24% growth over the same period in 2024. The data reveals more than a strong market — it reveals a structural transformation.
Montealegre Luxury HomesThere are destinations you visit and destinations you adopt. The Los Cabos Corridor — that 33-kilometer stretch between Cabo San Lucas and San José del Cabo — has crossed that threshold for a generation of ultra-high-net-worth buyers who arrived on vacation and never went home the same way.
Montealegre Luxury HomesThe bank trust is the starting point, not the destination. For the high- and ultra-high-net-worth buyer, correctly structuring a purchase in Los Cabos involves decisions about SAPIs, guaranteed trusts, Delaware corporate structures, and cross-border estate planning that can mean millions of dollars in difference.
Montealegre Luxury HomesThe three great names in Los Cabos luxury real estate are not interchangeable — each responds to a different buyer profile, a distinct lifestyle philosophy, and a particular investment potential. This guide will help you identify which one is yours.
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