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  1. #26
    Join Date
    Mar 2011
    Posts
    5,067

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    Quote Originally Posted by Det_ard View Post
    Way to miss the point. Hermod was referring to the fact that in some countries, like Mexico, foreigners are prohibited from owning property near the coast. We have no such restriction.
    I'm pretty sure Mexico doesn't have such restrictions either.

    As an American, you can buy property on the Mexican coast, but there are 50-year renewable agreements for property owned by foreigners directly on the coast.

    I would think that very few countries have restrictions on foreigners buying property. Pretty much only the Cuba/North Korea type places.

  2. #27

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    Quote Originally Posted by Bham1982 View Post
    I'm pretty sure Mexico doesn't have such restrictions either.

    As an American, you can buy property on the Mexican coast, but there are 50-year renewable agreements for property owned by foreigners directly on the coast.

    I would think that very few countries have restrictions on foreigners buying property. Pretty much only the Cuba/North Korea type places.
    Vietnam even has restrictions on Vietnamese citizens who reside overseas. They are forced to transfer their property when they leave the country.

  3. #28

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    Quote Originally Posted by Hermod View Post
    Vietnam even has restrictions on Vietnamese citizens who reside overseas. They are forced to transfer their property when they leave the country.
    And that should be a model for the U.S.?

    I still don't think I understand what the problem is exactly.
    Last edited by EastsideAl; October-05-12 at 03:25 PM.

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