"Shortwave Sportfishing" wrote in message
...
On Thu, 02 Feb 2006 21:55:53 -0600, Skipper wrote:

Shortwave Sportfishing wrote:

"Although the foreigner does not technically own a direct interest in
the real estate, the foreigner's rights to use and deal with the
property are very similar to outright ownership."

doesn't sound like ownership to me.

Most of the property owned by Americans and Canadians in Mexico is at
least 30 miles from shore. Folks in LA regularly drive further than that
going to work each day. Those who insist on beachfront property (which
is different from the original statement) have the option of investing
in a hundred year bank trust with full ownership rights. So, in 3006 you
can apply for naturalization to retain your, by then, $10,000,000.00
beachfront home you originally acquired for $120,000. Mexico represents
a better buy than Floriduh...and far better fishing.

http://www.grandtimes.com/Live_Well.html

yur right - i misread that.

my bad.

No he's not. If you apply for naturalization, you're a Mexican...not an
American. So as I said, Americans can't own the land.