keynesco
Newbie
Posts: 5
Registered: 3-17-2007
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Mexican national sharing ownership in a fiediacomiso
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
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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Absolutely
A Mexican National can own 100% of a fideicomiso.
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Marie-Rose
Senior Nomad
Posts: 894
Registered: 10-2-2003
Location: Victoria, B.C. and Todos Santos
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Mood: Worried...
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I thought a Mexican national did not need a fedeicomiso
Remember, when in Mexico, yes may be no and no may be
maybe!
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bajamigo
Super Nomad
Posts: 1218
Registered: 6-17-2006
Location: Punta Banda, BC
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Mood: hubimos llegado
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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.
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tim40
Senior Nomad
Posts: 574
Registered: 3-29-2004
Location: Manhattan Beach
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Mood: There yet?
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But how does this work.... If one was to buy a property in Mx with a Mx citizen and he/she was not?
When searching for the end of your rainbow you only have until dusk....
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bajabound2005
Ultra Nomad
Posts: 2760
Registered: 10-15-2005
Location: Punta Banda, BCN
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Mood: words cannot describe...
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Tim40; does your question make any sense?
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Minnow
Banned
Posts: 1110
Registered: 8-30-2002
Location: Lost Wages
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Mood: Embarrased Harry Reid is a Nevadan
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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.
Proud husband of a legal immigrant.
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sylens
Senior Nomad
Posts: 584
Registered: 4-6-2005
Location: Ensenada
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Mood: ando bajando
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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
lili
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Yup
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bajamigo
Super Nomad
Posts: 1218
Registered: 6-17-2006
Location: Punta Banda, BC
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Mood: hubimos llegado
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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.
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Minnow
Banned
Posts: 1110
Registered: 8-30-2002
Location: Lost Wages
Member Is Offline
Mood: Embarrased Harry Reid is a Nevadan
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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.
Proud husband of a legal immigrant.
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