World

May 9, 2013

Mexico, to attract U.S. retirees, may ease limits on landownership

Mexican legislators may soon lift a major impediment for foreigners who want to own a piece of Mexico’s Pacific or Caribbean coasts. For the first time in nearly a century, lawmakers are moving to allow non-Mexicans to buy coastal real estate and hold the deeds to it, without having to set up bank trusts or find silent Mexican partners.

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