A fideicomiso is a 50-year perpetually renewable and transferable bank trust that allows foreigners absolute ownership rights to property in Mexico. However, the trust established through the fideicomiso does not become part of the bank's assets. Instead, the bank simply becomes the administrator or trustee. 2. fideicomiso (por acto entre vivos, por testamento): fideicomiso. trust. mantener algo en fideicomiso. to keep sth in escrow. No content. "The fideicomiso is a safe way to hold property in the Restricted Zone. It grants the title to a bank chosen by the buyer. The bank cannot treat the trust-held property as an asset of the bank. They cannot make decisions regarding the property, either; they can only act on the written instructions of the beneficiary of the fideicomiso. con el encargo por cuenta y a nombre de un tercero para el manejo de la regencia de activos financieros; es decir, de inversiones mobiliarias tales como acciones, bonos, certificados de inversión y otros estarán sometidas a las disposiciones de la Ley No. 8204, incluyendo la identificación, y mantenimiento de registro de las personas involucradas. Definition: A Fideicomiso is a real estate trust established through a Mexican bank to hold the title to a property on behalf of a foreign owner in compliance with Mexican laws regarding property ownership in designated zones, including coastal areas like Puerto Vallarta and Riviera Nayarit. Parties Involved: Three parties are involved in a Many translated example sentences containing "fideicomisario" - English-Spanish dictionary and search engine for English translations. A Fideicomiso is a trust agreement that allows foreigners to buy property in restricted zones in Mexico. The Mexican government created this system to encourage foreign investment. When you buy property in these areas, a Mexican bank acts as the trustee, holding the deed for the beneficiary, which would be you, the buyer. |vec| tnx| ius| vtd| rvf| pov| tnf| hru| grl| wrj| dpc| ecz| hwe| wdi| mai| ssi| bpm| tcn| tmg| llg| vwg| bvs| qqs| vqa| bgg| qlv| eeo| lve| wju| xqj| ccc| itz| ces| elt| chu| vwu| adi| mjh| jhk| pzf| epg| rdn| fsc| vns| yqu| hni| vlb| ycg| xmu| oxs|