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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Californians are fleeing to Mexico to escape outrageous housing prices
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Poster Handle
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VegasRick |
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Post Content
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The irony is you can’t own land in Mexico. You can only lease it from the government.
Then again, in the U.S., private property comes with property taxes, so is it really owned by the individual’s name on the deed?
Quoting: Anonymous Coward 82627514 Foreigners can't buy good land. "A foreign individual or company may directly own land in Mexico except in what is described by Article 27 of the Mexican Constitution as the "restricted zone." A zone within one hundred kilometers (sixty-one miles) of the international border and fifty kilometers (thirty-one miles) of the seacoast." [ link to consulmex.sre.gob.mx (secure)]
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