CONSULTORES FIDUCIARIOS Y PATRIMONIALES

WHO WE ARE
Consultores Fiduciarios y Patrimoniales, S.C. has highly trained personnel and professionals with over 30 years of experience in the Finance, Stock Market, and Fiduciary sectors. We have successfully entered market segments which demand a great deal of analysis, specialization, and adaptation of investments and trusts, based on the needs and expectations of the client.
We are based on a culture of continuous innovation and on the implementation of productivity models, custom services, quality, and affordability.

SERVICES OFFERED
TRUST AGREEMENT FOR ZONES RESTRICTED TO FOREIGNERS
If you are a foreigner and you wish to acquire property on Mexican coasts or borders, you must do so through a TRUST AGREEMENT FOR RESTRICTED ZONES, and, through our services, we offer the possibility of making your dreams come true. We are the best option since we carry out the process in an efficient, trustworthy, and transparent manner for our clients' peace of mind and full satisfaction.

¿WHY MUST A FOREIGNER ACQUIRE PROPERTY THROUGH A TRUST AGREEMENT?

MEXICAN LEGISLATION
In Article 27 Section I of the Political Constitution of the United Mexican States, it is established that foreigners are forbidden from acquired direct ownership of property and fluvial pathways within a 100 kilometer (64 mile) strip along any of its borders and 50 kilometers (32 miles) from any coast; said areas are known as (the) "Restricted Zone".

LAW OF FOREIGN INVESTMENT
Beginning in 1973, a constitutional amendment known as the Law of Foreign Investment, in its Article 11th, allows for foreigners to acquire rights over real estate within the "Restricted Zone" through a TRUST AGREEMENT that is established by means of a Mexican Bank, ensuring the foreign purchaser (individuals or corporations) all rights, privileges of possession, usage, enjoyment, while the trust bank maintains ownership of the real estate and acts in the names of the Trustee when it so requires.

¿HOW DOES A TRUST AGREEMENT WORK??

Based on the Law of Foreign Investment, Chapter II, Article 11.- It is a necessity that one obtain a permit from the Ministry of the Exterior (SRE) so that the Trustee (Mexican Bank) might acquire rights as trust bank over the real estate located within the Restricted Zone. The maximum duration of a trust agreement is 50 years, with the possibility of being extended for equal periods.

Trust agreements are established through a notary public once the permit issued by the Ministry of the Exterior (SRE) is obtained, and the Notary is in charge of registering ownership of the real estate property with the Public Register of Property. The Trust Bank performs registration of the trust agreement in the National Register of Foreign Investment (RNIE) with the Ministry of the Exterior.

PARTIES INVOLVED IN THE TRUST AGREEMENT

Trustor seller of the property Trust Bank THE MEXICAN BANK Trustee Foreign purchaser
Substitute Trustees whomever acquires the rights to the property in the event of death of the Trustee, and they are designated by the foreign purchaser (individual).

The Trustee (foreign purchaser) has the right to use, enjoy, lease, and even sell the property kept deposited in the Trust Agreement, to any eligible foreign or Mexican purchaser, be it an individual or corporation. The Trust Agreement may also be inherited by the Trustees (foreign purchaser who in an individual) family by means of an appointment in the Trust Agreement under "Substitute Trustee in the event of death".

The Trustee (Mexican Bank) is the technical proprietor and has the legal and administrative responsibility of the real estate, but the handling of the property is in the hands of the Trustee (foreign purchaser), due to which the Trust Bank (Mexican Bank) acts based on the instructions received from the Trustee (foreign purchaser) and executes all of the transactions in the name of the Trustee (foreign purchaser) in all transactions and assignments pertaining to the goods in the "Trust Agreement".

During the life of the Trust Agreement, the Trustee (foreign purchaser) has the obligation to pay the Trust Bank (Mexican Bank) the fee for administration of the trust agreement.

¿WHO CAN ACQUIRE IT?
1. Mexican corporations with a foreigner admissions clause, under the circumstance set forth in Section II of Article 10 of the Law of Foreign Investment.
2. Foreign individuals and corporations.

OTHER TYPES OF TRUST AGREEMENTS
A TRUST AGREEMENT is a contract by which a trustor transfers ownership or title over one or more goods or rights to a fiduciary institution, according to the case, in order to be used for legal and determined activities, entrusting the fulfillment of such purposes to the trust institution itself.

Trust transactions have a broad spectrum of application in our country. Within the private and public sectors, they have witnessed great development and have contributed to the solution of problems which have favored a great variety of businesses.

The functioning and the operation of the trust services that we offer strictly adhere to the legal guidelines with the purpose of ensuring for our clients a correct, clear, and trustworthy administration of your estate, ensuring that the wishes shall be fulfilled in strict adherence with the terms and conditions contracted.

The different trust services that we offer are:
1. State and Municipal Governments
2. Corporate Services
3. Real Estate
4. Escrow and payment services
5. Estate and investment planning
6. Benefits for family and individuals (Estate-Inheritance)

INVESTMENT
There exist a great variety of alternatives on the market, with characteristics directed at different profiles. Our offices can offer you counsel for investing your resources in Mexico.

Once we are aware of your needs and yield expectations, we can create a custom Investment portfolio in order to meet your expectations.

The investment will be channeled into Investments sold on the Mexican Stock Market (BVM) and by Banks, which would lend assurance that they are Authorized Stock, thereby avoiding investment in stock or instruments which are not authorized.

Our goal and mission is to offer you the best counsel which adapts to your needs. Do not hesitate in contacting us in order to set a meeting and further discuss the subject of your Investments.

MORTGAGE CREDIT
We offer you counsel by showing you the various financial options that exist on the market, their processes, policies, and requirements in order for you to choose the one which best suits your characteristics, needs, and taking into consideration your financial capacity.

We perform all of the necessary paperwork for free, at no time in the process will you be paying for our service.

And we shall be with you during the whole process, from choosing a credit to signing the final escritura papers.

REAL ESTATE
We offer real estate services for marketing properties. We counsel you in order to make the best real estate decision, always considering your best benefit.

We offer professional work, based on personal attention and a highly efficient system for handling purchases, sales, leasing, and administration of real estate, providing full and professional counsel as each of the stages of the real estate operations.

We offer real estate appraisal services under this category.

INSURANCE AND BONDS
We work along with the primary insurance and bond companies in Mexico in order to provide complete counsel specialized in the development and implementation of Damages, Benefits, Credit Insurance, and Bond programs through Protección Técnica México (PROTEC).

LEGAL CONSULTANCY
We have a Legal Department in order to provide counsel or draft the contracts which you require. We have made our legal consulting services available to you, which are specialized in civil, commercial, or any other kind necessary in order to successfully carry out your transactions, as well as real estate transactions, including review of the purchase terms, authorization and review of the final instrument, formalization before a notary public, review of all preliminary contracts, obtaining the necessary permits from the Ministry of Foreign Relations, and future agreements pertaining to trust agreements.
Upon establishing a trust agreement at Consultores Fiduciarios y Patrimoniales, the transaction performed shall be protected and aligned to the Law of the applicable legislation in Mexico, and, along with broad experience in the Fiduciary and Real Estate branch, it translates into transparency and legal security, protecting your estate and interests.

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