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Rolly

Mar 6, 2009, 12:06 PM

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Proposed change in restricted zone home ownership law

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Bill would lift limits on foreigners owning property
BY DAVID AGREN

The News

A new proposal in the Senate would lift rules that prohibit foreigners from buying property in the nation's coastal and border regions.

Read more here: http://www.thenews.com.mx/...me.asp?cve_home=1183

If it passes in the congress, because it is a constitutional amendment, it will require approval of 16 states. It won't happen any time soon.

Rolly Pirate

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