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Buying property in Mexico Homes for sale Playa del Carmen
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Buying property in Mexico Marbella Developments Playa del Carmen
Yes, Mexican laws do allow foreigners to own property in Mexico. With the signing of NAFTA in 1994 Mexican and US authorities found a way to work around Article 27 of the Mexican Constitution, which establishes a so-called “restricted zone”, within which no foreigner can directly hold the title of a property. This restricted zone stretches 30 kilometers from the coastline and 100 kilometers from any border.
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