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Last updateFri, 03 May 2024 10am

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Lower house votes to ease restrictions on foreign ownership of land at coast, borders

The Chamber of Deputies, Mexico’s lower house, approved a constitutional amendment Tuesday that will permit foreigners to have direct title to their properties located within the “Restricted Zone” – 100 kilometers within the nation’s borders and 50 kilometers of its coastline.  The legislation passed by 356 votes to 119, with only left-of-center legislators voting against the reform.  It still requires approval by the Senate and at least half of Mexico’s 32 state legislatures, before it can be signed into law by the president – a process that could be lengthy.