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Property, El Segundo, CA 90245, ,629,000 4 beds, 3.5 baths
3620 sqft, 4 beds, 3.5 baths, single-family home in El Segundo, CA - 90245
535 Richmond St, El Segundo, CA 90245, 5,000 2 beds, 2 baths
1212 sqft, 2 beds, 2 baths, single-family home in El Segundo, CA - 90245
Legalities of Ownership
The Mexican government enacted a law many years ago stating that non-Mexican nationals could not become the sole owners of property within 50km of the Mexican Coastline, also known as the restricted zone. The purpose of the law was to prevent foreign invasion on Mexican soil. Recently however, the government has developed a foreign-friendly alternative for ownership of Mexican land within the restricted zone.
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