Quote:
Originally Posted by legion
I'd suggest starting by researching how foreignors are allowed to "own" property in Belize.
Not sure how the laws are in Belize, but my understanding is that in Mexico (and many other countries), non-citizens are not allowed to own real property. They will let you put up the cash, but you have to find a citizen to "own" the property for you. As it turns out, it is very easy for the legal owner of the property (not you) to sell it without your consent, and you have no recourse and will be out the money you put up.
(Isn't ironic that most other countries give only their citizens rights and priveleges, while we give them to anyone who manages to get two feet on our soil?)
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I don't know for sure, but I was told that foreigners could not own property on the coast in Mexico. Inland is fine, but coastal property is a no-no. I'm not sure how far inland you'd have to be for it to not be considered coastal. I also can't guaranty the info, it's just something that I was told by a Mexican tour guide when I was last in the Puerto Vallarta area.
Not that this info has anything to do with Belize.
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Steve
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