These can be acquired on properties that have clear titles (Free Title) and in various subdivisions. The approximate origination cost is $3,000; however, this depends on the Bank. The approx. annual charge is $400 U.S. again depending on the Bank used. What this means is the Bank holds your title guaranteeing you title for 50 years. At the end of 50 years the trust can be renewed for another 50 years. You can sell, will, or lease this property. Yearly taxes are very low in Mexico on property (about $75 per year). A further good point to remember is that a non-Mexican resident has as much right in court of law as a Mexican National. It is also important to remember that for any contract to be legal and binding, it must always be written in Spanish as well as English, since Spanish is the language of Baja..