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CHAPTER IVOffices and Industrial PlantsOne of the most important decisions a company must make when investing in Mexicois determining where to establish its office or industrial plant.In order to make the correct decision it is very important to know the law applicableto both acquiring and leasing real estate. Furthermore, it is essential to know whatauthorizations must be obtained in order to install the type of business or industry inthe place chosen to house the industrial plant or office.691. Acquisition of Real EstateAs was indicated in chapter II of this book, the restrictions on the acquisition of realestate by foreign individuals, foreign companies, and Mexican companies with foreigninvestment must be taken into account.Along with the above, it is equally important to determine the best location to acquireproperty in Mexico before making the purchase. In order to make that determination,the following should be taken into account:a) Which states of the Mexican Republic offer tax incentives for companies that wishto become established in their territory. To obtain this information the Ministry ofEconomic Development of each state should be contacted;b) Whether the property has adequate access roads;c) Whether there is access to utilities and a sufficient water supply;d) Whether it is near suppliers and clients.Once the property to be acquired has been chosen, the buyer should:a) Review the title to the property, which must be registered before the appropriatePublic Registry of Property. The title deed for real estate consists of a public