Foreign Ministry permit for your bank trust (SRE permit, fideicomiso)
The permit from the Ministry of Foreign Affairs (Secretaría de Relaciones Exteriores, SRE) that lets the bank set up a trust for a foreigner in the restricted zone.
Why it matters
Ley de Inversión Extranjera, art. 11.
Who helps
The bank's trust officer (delegado fiduciario), who files online through SIPAC27.
What to do: Confirm the bank has filed for the SRE permit for your trust.
Documents
- Names and nationalities of the settlor, the bank and the beneficiaries (including second and substitute beneficiaries)
- The trust's term
- Its purpose (residential)
- The property's description, measurements, boundaries and area
- Its distance to the border or the ZOFEMAT
- The fee payment
Conditions printed in the permit (transcribed into your deed)
- Calvo clause: you agree to be treated as a Mexican national regarding the property and not to invoke your government's protection, on pain of losing your rights to the Nation.
- Purpose: the bank keeps title and lets you use the property for the stated purpose (for example residential). Changing or widening the purpose needs a new SRE permit.
- No fences or barriers that block public access to the federal beach zone (ZOFEMAT).
- The trust must be registered with the RNIE (step 3.2).
- Renewal: the bank must request the extension within the 90 business days before the trust expires (step 5.11).
- Breaches: the bank has 60 business days to cure a breach after an SRE notice, or the trust can be extinguished.
- Expiry: the permit lapses if not used within 180 calendar days of issue.
Costs Estimate
- Permit fee MXN 21,650 (2026).
- The SRE must decide within 5 business days.
- The permit is valid for 180 days, extendable once.
- Ask your closing firm which line of the closing statement covers the SRE fee.
Estimates only. Get written quotes.
Say it in Spanish
- ¿Ya se emitió el permiso de la SRE y cuándo vence?
Has the SRE permit been issued, and when does it expire?
Terms
Sources
- SRE – Costos y Tiempos (checked 2026-10)
- SRE permit page (checked 2026-10)
- IDC summary of the 2016 regulation reform (checked 2026-10)
Confirm the details for your case with your notario or attorney.