Is it illegal to buy property in mexico to become a slumlord while living in the US?
Seems like an ez, cool way to make money:)
Immigration - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Nah not illegal at all. While you are at it you should buy a few coca plantations too - I heard they are very profitable.
2 :
Do you mean as a U.S. citizen or a Mexican citizen? There are restrictions on where and what kind of property non Mexican citizens can own, and the Mexican government has and will steal the property from you when they feel like it.
3 :
If you are a Mexican citizen, non Mexicans cannot outright own property in Mexico.
