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Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Terms You Need to Know

Mexican Real Estate Definitions

Ejido:  Farming land owned by a legal entity, or group called the Ejido. Collective land that can now be privatized.  Foreigners cannot acquire rights to Ejido property.  Through a proper process, the Ejido can sell to a Mexican individual. The Mexican can then sell to a foreigner.

FM3: Foreign Immigration Visa for Foreigners. Issued for retirement or work purposes to non- Mexicans. Persons with FM3’s can stay within Mexico longer than the tourist visa permits. This document establishes residency and is renewable every year.

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