Charlie Bress wrote:
wrote in message
ups.com...

Note that many European nations do not even allow foreigners to own
real-estate.

Neither does Mexico.

Yes it does - excepting only areas within about 50 miles from borders
(borders includes oceans).
_______________

When I lived in Tucson, a group at work looked
into a condo in Mexico in Porto Penesco on the coast of the Sea of
Cortez.

We could not get permanent ownership so the value of your investment
diminished over time.

Real property in the "forbidden zone" is held in a fideocomiso. That is a
long term bank trust held for the benefit of the purchaser and is renewable.
Real property in such is no more likely to decrease/increase in value than
any other.


--

dadiOH
____________________________

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