KRETO offers a complete real estate service for Canadian investors looking to buy in Southeastern Mexico. From legal guidance to property tours and relocation support, we ensure a smooth and secure process. Our bilingual team is with you every step of the way to ensure you make informed decisions with confidence.
Yes, it is safe to buy property in Mexico. At KRETO, we prioritize your peace of mind. We provide legal assistance to ensure your property purchase is fully compliant with Mexican law, and we work with trusted legal partners to guarantee a secure transaction. Our gated communities and 24/7 security ensure your investment is protected.
No, you do not need to be a Mexican resident to buy property. Foreigners can purchase property in Mexico with some exceptions, such as properties near the coast or borders. KRETO will guide you through the process to ensure everything is compliant and legal, and we will help you navigate the residency and permit processes if necessary.
KRETO offers a range of premium properties in Southeastern Mexico, including spacious homes in gated communities, customizable builds, and lots that cater to North American buyers. Our homes are designed with modern amenities, built to North American standards, and tailored to your lifestyle needs.
Yes, you can! KRETO offers custom build options for all our properties. Whether you prefer a Jungle-Edge Modern Bungalow, a Pavilion-Style Home, or a Two-Story Contemporary Home, we work with you to ensure your new home reflects your personal style and preferences.
Ownership & Legal Structure
Foreigners can legally acquire land inside Mexico’s restricted zones through a bank trust known as a fideicomiso. The trust is established with a Mexican bank authorized by the federal government; you, the buyer, are recorded as the sole beneficiary and retain all rights of use, improvement, rental, sale, inheritance, or transfer.
Foreigners can acquire property in Mexico through a bank trust (fideicomiso), in restricted zones defined as:
• Within 50 km (approx. 31 miles) from the coastline
• Within 100 km (approx. 62 miles) from the borders
Kreto coordinates this legal process in conjunction with a specialized legal team in Mexico.
The fideicomiso is formalized in a public deed and registered in the Public Registry of Property. While the bank is the nominal trustee, you hold full beneficial ownership; the bank cannot act without your written instruction.
No, you don’t need to be in Mexico to close. It is possible to use a Power of Attorney that has been duly notarized and apostilled.
Yes. Title can be held by a Mexican corporation or multiple beneficiaries. Each structure has distinct tax and inheritance implications.
Process & Timeline
The processing time depends on how quickly the client submits the required information. On average, it takes approximately 2 weeks to prepare the application.
Once submitted to the Ministry of Foreign Affairs, the permit approval process takes around 5 to 6 weeks.
During this time, the deed draft is prepared and reviewed with the trustee to prevent delays in finalizing the trust setup.
Estimated total time: 8 weeks.
Financial, Payment & Financing Matters
CAD or MXN
Taxes & Compliance
Non‑residents who merely hold Mexican property for personal use have no annual income‑tax filing obligation. A return is required only if you obtain Mexican‑source income (e.g., rental income) or establish tax residency. The SAT’s official guidance for foreign taxpayers states that income earned in Mexico such as rent is taxable and may require a yearly return.
Property‑related levies like predial (annual municipal property tax) and the annual fideicomiso trustee fee are paid even when no income is produced. Mérida offers an online portal for predial payments that accepts international cards.
Construction, Design & Customization
No. Pre‑designed models are entirely optional. You are free to commission your own architectural design or leave the lot undeveloped.
Rental, Investment & Exit Strategy
ROI 15% – 20%
We’ve seen a 300% – 400% growth in the last 10 years
Location, Community & Lifestyle Infrastructure
• Clubhouse complex featuring a pool, event salon, equipped gym, multi purpose hall, terrace cafeteria, a physical therapy cubicle, and co working space.
• Access portico (gated entrance).
• Event pavilion & BBQ area (Área de asadores).
• Central Park with 2 padel courts, 2 multi sport courts, a grand central palapa, 8 private palapas, and expansive green areas.
• Pet park (Parque de mascotas).
• Cycling paths (ciclopistas).
• Children’s playground (Parque infantil).
• Senior park (Parque de la tercera edad).
• Reading park (Parque de lectura).
Practical & Logistics
Spanish is the official language for all public deeds and notarial acts in Mexico (Article 7, Ley del Notariado del Estado de Yucatán). Kreto provides certified bilingual (English–Spanish) drafts of every contract
Routine communications, escrow instructions and bank trust statements are issued in English. You do not need to speak Spanish to complete the purchase
• Valid passport.
• Proof of address abroad.
• RFC (if applicable).
• Signed Cláusula Calvo (if purchasing directly).
• Trust agreement (contrato de fideicomiso) (if purchasing in a restricted zone).
• Power of attorney (poder notarial) (if acting through a representative).
Kreto assigns a dedicated advisor/project manager who will accompany you through the whole process.