Jimmy at his restaurant at Médano Beach, Billygan's

Every day more and more foreigners invest in property in Mexico. They are seeing this paradise as a secure and lucrative investment, as well as an opportunity to relax in a more tranquil lifestyle without going so far away from home.

Land anywhere in Mexico can be held in for an unlimited amount of time in a renewable bank trust (fideicomiso). The property when held in this manner can be sold or inherited. The government has taken measures to insure that all real estate transactions are handled transparently. All members of the transaction are now subject to liability including the buyer, seller, real estate agents and agencies on both sides, notaries, and land title companies.

Real estate agents are now regulated through membership in the Association of Real Estate Professionals (AMPI). This association holds its members to the highest ethical and professional standards.

Transactions are handled under the supervision of a third party -- the escrow company -- to guarantee that all funds are dispersed at the proper time -- when all paper work is approved by the notary and in order. Notaries in Mexico are highly regarded and must be appointed by the government. They have all the knowledge and training of a lawyer, but with the power to give documents their official seal.

Mexican banks are now offering mortgages to US citizens and some developments offer their own private financing programs with accessible terms. Of course, the option to take out a loan back home is always an option.

The last 12 years the rate of inflation in Mexico has been at its most stable in the nation’s history. Mexico is becoming one of the most popular tourist destinations worldwide, with endless beaches, colorful local culture, varied cuisine, a long list of watersports and activities, and all the comforts of home. Choose Mexico for your next dream home. Remember, where you live is your life. Live it to the fullest.