Can an American own Mexican land?

2016-05-19 22:47
 
my mom won the deed to a couple of acres of land in Mexico. later she moved to the US and became a citizen, but when she retires she wants to move back, will she still be able to claim it???
1#
2016-05-19
No. In order the lease land from the Mexican Govt, a US citizen would need a business partner (Mexican National) who owns 51% of the corporation.
2#
2016-05-19
Yes. I know Americans that own a house in Mexico they go to over the Winter.
3#
2016-05-20
Happily, your mother should have absolutely no problem as Mexican law recognizes dual nationality for Mexicans by birth, meaning those born in Mexico or born abroad to Mexican parents. U.S. citizens who are also Mexican nationals are considered by local authorities to be Mexican. If more information on Mexican property law is needed: http://www.mexonline.com/propmex.htm

Do you have an answer?

Login or Join to answer

Popular Questions