porto ixtapa

We set up a "new" trust in Jan. There is a charge for setting it up not just the annual fee. The total was 44,000 Pesos for set up and two years of trust. After that it's equivalent of $500 US in Pesos. It's the third trust that we have had in Mexico.
It's a simple agreement that allows people who are not Mexican Nationals to own property in Mexico. The trust is also transferable if you sell the property. That avoids the set up fee for the next buyer.