Forming a Mexican corporation offers a streamlined path to property ownership, free from the requirement of a Mexican citizen as a partner. In just two weeks, with a minimum of two partners (who can both be foreigners), you can establish a corporation at a maximum cost of $1,500 USD. Once established, you can acquire property as a Mexican national would, completing the process within approximately a month and a half. The advantages extend beyond real estate, enabling purchases such as cars and various other assets. However, it’s important to consider the lifelong commitment to an accountant, mandatory even if the corporation reports zero income. Without resident status, acting on behalf of the corporation requires granting powers of attorney to Mexicans, potentially relinquishing control. All transactions under the corporation must be conducted through checks or wire transfers, prohibiting cash transactions. Furthermore, capital gains cannot be entirely avoided when selling the property, although proper property management and fiscal documentation can help lower the tax burden. This option proves most advantageous for individuals seeking to start a business, offering potential savings on income tax and a legal source of income in the country.