The World of Legitimate Real Estate
, prices of houses and lots are as expensive as the U.S. Actually, U.S banks have begun to give home loans for properties in Mexico, but, so far, not for other Latin American countries. There is only one essential gap from the United States wherein each country has law regarding where foreigners can buy. In Mexico, foreigners cannot buy land or homes within 50 km of the coast or 100 km from a border unless they hold title in a Mexican Corporation. In Honduras, foreigners may buy beach front property directly in their name. Real estate agents do not need a license to operate, but the transfer of property will require a lawyer, in Costa Rica.
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