Im reading your answer wait a minute please
The law will allow foreign people living in Mexico buy real state without a trust or "fideicomiso"; they will gonna buy the properties directly.
But now, since you got your mexican citizenship that's not your case. You can talk to the bank or the business where you sign the fideicomiso so you can terminate it.
Right now you have the same rights as a mexican born citizen, so the law now or the changes to that law doesn't affect you
do you have any other question?
The problem is the property has increased in value and the present tax to take it out of fidieocomiso may be more than I can pay: 4% I'm told. I guess I was hoping to hear that the new law might allow a more economical way to change it over.
Well, what i know about that law it's what I already told you, because right now it's only a project of law and they can change it a little bit. Does that 4% its paid if you transfer the property to an other foreign people living in Mexico?
I don't know the answer to that.
The problem here it's than even the law changes, the fideicomiso remains, its a contract with a dead line, i suggest you that you go and talk to the bank or business where you open the fideicomiso and negotiate something. Maybe it's better for you buy a house by your self, and transfer the property to someone else.
A transfer of rights, I don't know your contract but maybe that's possible
I think that can be an option, because knowing mexican goverment, i don't think they are gonna give some benefits to the foreign people that already open a fideicomiso to live here.
I agree...just wishing.