In article <X_kxf.40$Jz.1105@news.uswest.net>, Big Al <sal1@qwest.net>
wrote:
> "CobraJet" <coiled@basking.hiss> wrote in message
> news:110120061846324688%coiled@basking.hiss...
> > See, Mexico is the happenin' place. Did you know there is an
> > NHRA-sanctioned dragstrip across the border? Damn, I really have to
> > check the real estate market there.
> >
> > CobraJet
>
> Somehow the Mexicans changed the rules about buying property near the beach.
> Some guy was trying to get me to go to a seminar about it. Some years back I
> was looking at property near Rocky Point. Figured it was the only place
> close enough to go to for a weekend. At that time property was inexpensive
> but you had to put it in some kind of trust, you could never actually own
> it.
>
> My old record holding 69 Nova is now racing in Mexico.
>
> Al # 35
I checked this out last night. The rules were changed in '97. This
page gives the skinny:
http://www.mexonline.com/propmex.htm
My friend that moved there went to Cabo San Lucas, not Cancun as I
thought. Once I checked the map and saw Cabo in the south of Baja, I
remembered.
If you read that page, you'll see it only deals with foreign buyers.
He went down in '87, and I think his game plan was to become an actual
Mexican citizen. I don't know what that entails presently, but that's
the way I would do it, too, if I were to bail. I may call a couple of
the real estate co's down there and query the price of homes just
outside of the tourist areas. Maybe I can get them to check the local
directory for my friend's name, unless I can find one online.
CobraJet
--
Spokesmodel for Arrogant Bastard Ale