Immigration to Mexicoとは 意味・読み方・使い方

Only Mexicans by birth or naturalization and Mexican companies have the right to acquire ownership of lands, waters, and their appurtenances, or to obtain concessions for the exploitation of mines or of waters. The Mexican government may grant this right to foreigners if they agree before the Ministry of Foreign Affairs not to invoke the protection of their own governments in any matters relating to the property they wish to buy. This is known as the Calvo Clause. This is generally done via a permit process. The 1917 Mexican constitution imposed restrictions on the purchase of land on those without Mexican citizenship. In particular, it prohibits direct ownership of real estate in what is known as the "restricted zone". This zone encompasses all land within 100 km of either Mexican land border and within 50 km of any Mexican coastline. Land 'purchases' in these areas can only be done via a mechanism called a fideicomiso, which roughly is a real estate trust, with a Mexican bank designated as the trustee and having possession of the land title. This mechanism was created to allow for foreign investment in these areas without violating the constitutional principle. The beneficiary of the trust, the foreigner, has all the rights to use, build and sell the property at its market buyer to any eligible buyer. These trusts have a term of 50 years and are renewable. The annual cost of these trusts levied by an underwriting bank, separate from the legal costs paid by a property buyer to establish such a trust, may escalate annually; but presently (in 2011) they have a cap on percentage of annual increase chargeable by banks.