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January 2004

SCUBA-SE@RAVEN.UTC.EDU

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SCUBA or ELSE! Diver's forum <[log in to unmask]>
Date:
Fri, 23 Jan 2004 17:41:43 -0600
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> Crusty said:
>
> >Pump another million into renovations, rebuild the
> restaurant, fix the
> pier, and put ventura in charge of the dive op and you've got
> a viable contender.  The basic hotel has good bones.<
>
> What about foreign ownership near 'the shores' though?
> Haven't kept up with that part of Mexican law recently.
>
> M
>
>
You still have to go thru a fideo (trust) and a bank but it is doable.
Another way to do it is to set up a Mexican corporation (which can own
the property - just cannot be incorporated for that sole purpose.)

CH

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