Mexico Might Allow Foreign Ownership of Coastal Property
By Brian Flock · The decree would allow foreigners direct ownership of “residential use” property in the so-called prohibited zone. · Amendment could simplify and accelerate investment in tourist communities and beach areas. A new constitutional amendment, proposed by Mexican Senator Mario López Valdez of the Institutional Revolutionary Party (PRI) on March 5, 2009, sets [...]
Posted on March 13th, 2009 by Tropicasa
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