Is it possible to buy property in Mexico City if you don’t live in the country?
Yes. Whether you’re a foreign national or a Mexican citizen living abroad, you can legally and safely purchase real estate in Mexico City. At Coldwell Banker México Real Estate, we explain how to do it step by step, without complications.
Learn why investing in real estate in Mexico as a foreigner is a smart move.
Who Can Buy Property in Mexico from Abroad?
Both Mexicans residing abroad and foreign nationals with no Mexican citizenship can purchase property in Mexico City, since this area is not within the restricted zone (100 km from borders or 50 km from coastlines).
You don’t need to live in Mexico to become a property owner.
Benefits of Investing in CDMX from Abroad
• High capital gains in central areas
• Profitability through vacation or long-term rentals
• Legal and economic stability
• Opportunities to diversify your investment portfolio
• Lower cost compared to global cities
Requirements for Foreigners or Mexicans Living Abroad
If you’re a Mexican citizen living abroad:
• Valid official ID
• CURP and RFC (can be obtained at a consulate)
• Proof of address in your country of residence
• Power of attorney if you won’t be present at closing
If you’re a foreign national:
• Valid passport
• Migratory form (FM2/FM3) if residing in Mexico (not required if buying from abroad)
• Permit request to the Ministry of Foreign Affairs (SRE) for purchases in the restricted zone (not applicable in CDMX)
• RFC for tax purposes in Mexico
What Steps Should I Follow to Buy from Abroad?
- Define Your Budget and Property Type
Decide whether you’re looking for a house, apartment, or pre-sale investment, and determine your total budget. - Seek Professional Guidance
A real estate agency like Coldwell Banker México can assist you with:
• Mapping prime areas
• Return on investment analysis
• Legal review of properties - Select the Property
You can take virtual tours or delegate the task to your advisor. The most sought-after areas in CDMX by foreigners include:
• Roma Norte and Sur
• Condesa
• Del Valle
• Nápoles
• Coyoacán - Sign the Purchase Agreement
This can be done remotely with an electronic signature or via a legal representative. - Payment Process
You can wire funds from abroad to a Mexican account. If using a mortgage, the lender must accept foreign income. - Finalize with a Public Deed Before a Notary
Signing the deed before a Mexican notary is mandatory. This can be done in person or via power of attorney.
Can I Buy with a Mortgage from Abroad?
Yes, although not all Mexican banks offer this option. Some alternatives include:
• Mortgages for Mexicans living abroad (programs with BBVA, Banorte, or Infonavit for migrants)
• International financing using collateral from your home country
• Direct purchase without credit, with proper tax guidance
How to Attract International Real Estate Investors to Mexico
✅ Coldwell Banker México Real Estate can guide you to institutions offering credit to Mexicans living abroad.
What if I Can’t Travel to Mexico?
The entire process can be done remotely:
• Electronic signatures
• Notary meetings via video call
• Specific power of attorney for legal procedures
• Property delivery through your representative
What Taxes and Fees Should I Consider?
| Concept | Estimate for 2025 |
|---|---|
| Acquisition tax | 2–5% of the purchase price |
| Notary fees | 4–7% (depending on property value) |
| Appraisal | $3,000 – $10,000 MXN |
| Public Registry registration | Variable |
The buyer is generally responsible for most notary-related costs.
What Types of Properties Are Best for Investment?
• Apartments in tourist or high-demand rental areas
• Pre-sale properties with guaranteed capital gains
• Houses in traditional neighborhoods like Coyoacán or San Ángel
How Can Coldwell Banker México Help You?
🌎 Specialists in working with clients living abroad
📲 Remote coordination of tours, signing, and payments
📑 Legal and tax advisory services for foreigners
🏘️ Curated property portfolio with guaranteed appreciation
🔒 Secure and transparent transactions
Buying real estate in CDMX from abroad is absolutely doable. All you need is the right guidance, proper documentation, and a team that supports you every step of the way.
Living Outside of Mexico and Want to Invest in the Capital?
Talk to a Coldwell Banker México Real Estate advisor and learn how to make your investment a reality from anywhere in the world.
Sources:
- Government of Mexico – Requirements for foreign real estate buyers
- BBVA – Mortgage loans for Mexicans living abroad
- Coldwell Banker México – Buying from abroad
