{"id":419,"date":"2013-07-12T16:31:00","date_gmt":"2013-07-12T21:31:00","guid":{"rendered":"http:\/\/www.topmexicorealestate.com\/brokers\/?p=419"},"modified":"2014-08-22T11:10:11","modified_gmt":"2014-08-22T16:10:11","slug":"will-removing-the-bank-trust-law-boost-mexico-real-estate-wsj-thinks-so","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/brokers\/2013\/07\/will-removing-the-bank-trust-law-boost-mexico-real-estate-wsj-thinks-so\/","title":{"rendered":"Will Removing the Bank Trust Law Boost Mexico Real Estate? WSJ Thinks So!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.topmexicorealestate.com\/brokers\/wp-content\/uploads\/2013\/07\/Beachfront-construction-in-Mexico-300x198.jpg\" alt=\"Investing in Mexico real estate\" width=\"300\" height=\"198\" class=\"alignleft size-medium wp-image-421\" srcset=\"https:\/\/www.topmexicorealestate.com\/brokers\/wp-content\/uploads\/2013\/07\/Beachfront-construction-in-Mexico-300x198.jpg 300w, https:\/\/www.topmexicorealestate.com\/brokers\/wp-content\/uploads\/2013\/07\/Beachfront-construction-in-Mexico.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>A while back we wrote about the removal of the prohibition against foreign ownership of property along the coast and borders from Mexico&#8217;s Constitution.  If this happens, it could have a positive affect on the market, making it easier for Americans and Canadians to buy.<\/p>\n<p>&nbsp;<\/p>\n<p>Wall Street Journal agrees with this take:<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>Mexico is poised to lift century-old restrictions on foreign ownership of property along its coasts and borders, a move real-estate developers believe could boost the nation&#8217;s vacation-home market.<\/p>\n<p>&nbsp;<\/p>\n<p>Some lawmakers note that, in areas where the fideicomisos aren&#8217;t required, including the central Mexican town of San Miguel de Allende, the economy is thriving thanks to retiring Americans, Canadians and other foreigners.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>While we wait for the senate to review this bill, let&#8217;s hope that it will go through and help to acknowledge the reality of the benefits that expat buyers are bringing to Mexico&#8217;s coastal areas.<\/p>\n<p>&nbsp;<\/p>\n<p><em>-by Thomas Lloyd<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.topmexicorealestate.com\/mexico-real-estate-guide\/Mexico-real-estate-investment\/?web=Blog\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/i255.photobucket.com\/albums\/hh138\/beatlo\/Banners\/kit-c2a-investment.jpg\" alt=\"Mexico Real Estate Investment Kit\" width=\"464\" height=\"150\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A while back we wrote about the removal of the prohibition against foreign ownership of property along the coast and borders from Mexico&#8217;s Constitution. If this happens, it could have a positive affect on the market, making it easier for Americans and Canadians to buy. &nbsp; Wall Street Journal agrees with this take: &nbsp; Mexico [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,38],"tags":[113,116,115,117,40,114,118],"class_list":["post-419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-in-mexico","category-mexico-economy","tag-bank-trust","tag-beachfront","tag-constitution","tag-government","tag-investment","tag-law","tag-wall-street-journal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Removing the Bank Trust Law Boost Mexico Real Estate? 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If this happens, it could have a positive affect on the market, making it easier for Americans and Canadians to buy. &nbsp; Wall Street Journal agrees with this take: &nbsp; Mexico [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.topmexicorealestate.com\/brokers\/2013\/07\/will-removing-the-bank-trust-law-boost-mexico-real-estate-wsj-thinks-so\/\" \/>\n<meta property=\"og:site_name\" content=\"Brokers\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-12T21:31:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-08-22T16:10:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.topmexicorealestate.com\/brokers\/wp-content\/uploads\/2013\/07\/Beachfront-construction-in-Mexico.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Thomas Lloyd\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Thomas Lloyd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.topmexicorealestate.com\/brokers\/2013\/07\/will-removing-the-bank-trust-law-boost-mexico-real-estate-wsj-thinks-so\/\",\"url\":\"https:\/\/www.topmexicorealestate.com\/brokers\/2013\/07\/will-removing-the-bank-trust-law-boost-mexico-real-estate-wsj-thinks-so\/\",\"name\":\"Will Removing the Bank Trust Law Boost Mexico Real Estate? 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