Foreigners, non-Mexicans including U.S. citizens, may purchase real estate in Mexico with some restrictions. In 1974 the Mexican Government enacted a comprehensive trust law to protect the investments of foreigners in Mexico. The Real Estate Bank Trust, or Fideicomiso, an irrevocable fiduciary trust administered by a Mexican bank of choice, allowed foreigners to acquire the beneficial rights of use for real property.

The Foreign Investment Regulations, passed in 1989, allowed foreigners the right to purchase Mexican property and to have direct ownership, known in the U.S. as fee simple ownership, in all of Mexico with the exception of the Restricted Zone.

The Restricted Zone is all land within 50 kilometers (31 miles) of the coastline or 100 kilometers (62 miles) of borders common with other countries, plus all of the Baja California. Las Dunas de Santo Tomas is in the Restricted Zone.

Mexican law requires that titles to all parcels of real estate within the Las Dunas subdivision may only be vested in or held by (1) Mexican citizens, (2) Mexican corporations or (3) Mexican Real Estate bank trusts (Fideicomisos). Parcels of land owned by a Mexican corporation must be zoned Commercial, this is available within the Las Dunas subdivision.

The Real Estate Bank Trust, or Fideicomiso allows foreigners to acquire the rights to use and improve property in the Restricted Zone with all the beneficial rights of ownership. The rights granted the beneficiary of the Trust (buyer) include construction of homes, offering these homes for rent, leaving the property to your heirs, or selling the property to another individual during the 50 year renewable term of the Bank Trust. During this period the Trust Department of the Mexican Bank holds the actual title to the property

A Master Administrative Bank Trust is in place for Las Dunas with Bancomer, one of Mexico's largest banks. This Master Trust has been created for the purposes of facilitating the transfer of lots within the Las Dunas subdivision to Individual Mexican Bank Trusts for the purposes of foreign ownership.

The use of the following disclaimer from the Arizona Department of Real Estate makes it possible for us to advertise within the State of Arizona:

"The Arizona Department of Real Estate has not inspected or approved this project and no Public Report has yet been issued for the project. No offer to sell may be made and no offer to purchase may be accepted in the State of Arizona before issuance of a Public Report for the project. "