BajaNomad

Mexican national sharing ownership in a fiediacomiso

keynesco - 3-17-2007 at 10:56 AM

Does anyone know if it is legal for a Mexican national to be a partner with gringo owners in a fiediacomiso?

Can't find answer to this one.

Thanks

Absolutely

Dave - 3-17-2007 at 09:33 PM

A Mexican National can own 100% of a fideicomiso.

Marie-Rose - 3-18-2007 at 07:38 AM

I thought a Mexican national did not need a fedeicomiso:?:

bajamigo - 3-18-2007 at 08:42 AM

He doesn't. He can own the property outright, or if, for example, he has dual citizenship and wishes to participate in fireicomiso with others, he can.

tim40 - 3-18-2007 at 05:12 PM

But how does this work.... If one was to buy a property in Mx with a Mx citizen and he/she was not?

bajabound2005 - 3-18-2007 at 09:30 PM

Tim40; does your question make any sense?

Minnow - 3-18-2007 at 09:36 PM

Here's a question that might make some sense. Are bb2005 and bajamigo related, or just neighbors. It is against posting guidelines to have more than one handle.:lol:

sylens - 3-19-2007 at 04:35 PM

punta banda and rancho packard are fairly close geographically, both on the road to esteban cantu, (and la bufadora) me-no. so i suspect bajabound2005 and bajamigo are two distinct posters.

enjoyed meeting you (and thanks for treating) at taco de huitzilopochtli, btw:)

bajaguy - 3-19-2007 at 07:41 PM

Yup

bajamigo - 3-19-2007 at 09:20 PM

Tim, not sure how it works. With the experiences I've had down here, even if I had been through the process myself, I wouldn't bet that the same groundrules would apply in another place or situation. If keynesco is actually involved in such a situation, I hope he/she has budgeted for a well-connected attorney. I'd love to know the outcome.

Minnow - 3-20-2007 at 08:16 AM

Bajamigo location used to say maneadero, now it says rancho packard. Bajabound also lives in rancho packard, but her location says punta banda. It is my guess that they are V and K, and married. I could be wrong. I like Bajamigos avitar though. Must be the Red Hot Chili Peppers.:biggrin: