Mortgage Financing for Canadians in Mexico
Own your dream property in Mexico with financing designed for Canadians. From beachfront condos to retirement homes, we help you navigate the unique requirements of Mexican real estate.
Strategy Call
Discuss your Mexico property goals
Financing Solution
Navigate fideicomiso and lending options
Close Your Purchase
Own your piece of Mexico
Mexico Property Financing for Canadians
Owning property in Mexico as a Canadian is achievable with the right financing partner. We navigate the unique requirements including fideicomiso trusts and USD-denominated loans.
Popular Destinations
Financing for properties in Puerto Vallarta, Cabo San Lucas, Cancun, Riviera Maya, San Miguel de Allende, and other popular Canadian destinations.
Fideicomiso Expertise
We understand the bank trust (fideicomiso) required for foreigners to own property in Mexico's restricted zone within 50km of the coast.
Condo & Home Financing
Finance beachfront condos, colonial homes, retirement properties, and vacation rentals throughout Mexico with cross-border lending solutions.
USD-Based Loans
Most Mexico mortgages for foreigners are denominated in U.S. dollars, protecting you from peso fluctuations and simplifying cross-border payments.
Title Insurance & Closings
Work with experienced notarios and title companies who understand international transactions. We ensure your purchase is properly structured.
Cross-Border Guidance
From currency exchange to property management, we connect you with trusted partners who specialize in Canadian buyers in Mexico.
Ready to own property in Mexico?
Let's discuss your goals and find the right financing solution.
Mexico Mortgage Solutions for Canadians
From vacation condos to retirement homes, we provide financing solutions for Canadians buying property throughout Mexico.
Vacation Home
Own your dream vacation property in Mexico's most desirable destinations. From Cabo to Cancun, we finance beachfront condos and vacation homes for Canadians.
Discuss this financing optionWhat's Included
- Beachfront and ocean-view properties
- Condo and single-family homes
- USD-denominated loans
- Fideicomiso trust guidance
- Popular resort destinations
What Our Clients Say
Questions About Mexico Mortgages for Canadians
Everything you need to know about owning property in Mexico. Can't find your answer? Book a call with our team.
Getting Started
Yes! Canadians can own property anywhere in Mexico. In the 'restricted zone' (within 50km of the coast or 100km of borders), you'll own through a fideicomiso (bank trust), which gives you full ownership rights including the ability to sell, rent, or pass to heirs.
A fideicomiso is a bank trust that allows foreigners to own property in Mexico's restricted coastal and border zones. A Mexican bank holds the title as trustee, but you have complete control over the property including all ownership rights. The trust is renewable every 50 years.
Typically 30-50% down payment is required for Mexico mortgages. Some lenders may accept less with stronger qualifications. Down payment must come from documented sources.
Financing Details
Most mortgages for foreigners in Mexico are denominated in U.S. dollars (USD), which protects you from peso fluctuations. Some lenders offer peso-denominated loans, but USD is more common for international buyers.
Loan terms typically range from 10-20 years. Unlike 30-year terms common in Canada and the U.S., Mexico mortgages tend to have shorter amortization periods. Interest rates are generally higher than North American rates.
Interest rates for foreign buyers typically range from 8-12% depending on the lender, property type, and your qualification. Rates are higher than Canadian mortgages but the lifestyle benefits often justify the cost.
Purchase Process
Mexican closings are handled by a notario publico (public notary), a licensed legal professional who verifies the transaction. Closing typically takes 30-60 days. Title insurance is recommended and available through international providers.
Budget 5-8% of the purchase price for closing costs including notario fees, acquisition tax (2-4%), fideicomiso setup, title insurance, and legal fees. Costs vary by state.
While not strictly required, a Mexican bank account makes payments easier and may be required by some lenders. We can recommend banks that work well with Canadian clients.
Ownership & Taxes
Property taxes (predial) in Mexico are very low compared to Canada, typically a few hundred dollars annually. You'll also pay fideicomiso annual fees ($500-700 USD) and any HOA fees if applicable.
Yes, you may need to report your Mexican property and any rental income to the CRA. Capital gains tax applies when you sell. We recommend consulting with a cross-border tax specialist for your specific situation.
Still have questions about Mexico property?
Talk to an Expert