CHRIS HILL: "All of these crime-related stories that we are hearing, drug-related, they have very little impact on a tourist or someone going to live in Mexico."
Americans who want to buy a home in Mexico might also have another security concern. It involves the security of their investment. Mexico’s constitution bars foreigners from owning property within fifty kilometers of the coast. But foreigners can buy part of a Mexican real estate trust. Through these trusts, Americans can own a beach home indirectly.
Chris Hill says new legal guarantees make real estate investment in Mexico safer and easier than in the past.
CHRIS HILL: “We believe that, long term, Mexico is going to be a wonderful opportunity for retirees to live, the cost of medical services and health-related issues, but also the overall cost of living in Mexico is far lower.”
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BARBARA KLEIN: Our program was written and produced by Brianna Blake with Greg Flakus. I’m Barbara Klein.
MARIO RITTER: And I’m Mario Ritter. You can watch a video about Americans living in Mexico at voaspecialenglish.com. You can also find transcripts, MP3s and podcasts of our programs. Join us again next week for THIS IS AMERICA in VOA Special English.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25