Is it true that an American Citizen can not own land in Mexico?

I heard that we can not purchase land in Mexico , that we can only lease it. Is there any truth to this?Is it true that an American Citizen can not own land in Mexico?
Until recently, a foreigner could only purchase land through a Mexican-based trust...meaning the foreigner technically did not own the land. Now, foreigners can own land outright but not in prime locations, eg. near the coast, near the border, etc...These still have to be purchased and held via the trust.





It's ironic that Mexico and Mexicans scream about US policy, when Mexico is 100 times more discriminatory with regard to its laws and policies concerning non-Mexicans, eg. foreign ownership of land, designating Spanish as the sole official language of Mexico, preventing foreign-born persons from holding large numbers of designated jobs that are reserved solely for native-born Mexicans, etc...etc...They are arguably the most hypocritical country in the Northern Hemisphere.Is it true that an American Citizen can not own land in Mexico?
No we can own land, but we are under many restrictions if we don't get citizenship there. Also pay higher taxes. The regular citizens have fewer rule to follow.





The same with owning businesses there. Especially with the higher taxes.
that is technichly true but there are ways around it.if you live in mexico you can more easily.
no
No it isn't true and plenty of Americans move there whether it's for a job position or after they retire.
i have never heard that.
No that is not entirely true. Some parts of Mexico it is true. It just depends where you go.
no
If it is like this why not to go a little bit further south in central America and grab as much as you like.Only thing is they will call you Duringo instead of Yankee.
I've heard that. My stepfather is thinking about buying land down there, and he has mentioned that very principle. There are several ways around it. I've only vaguely heard these, but I hear what ends up happening is that you lease the land for 99 years and after that, the land is bequeathed..perhaps to your kids. I heard you can also go through a legal process where you have Mexican co-owner and after some process, the title is solely under your name.





good question, it bears looking up.....yet as of right now I gotta get back to work..good ole night job.

tvs