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It's not about fear, it is about justice, freedom, and rule of law.
Nobody in the developed world wants to invest in a country with capricious rule of law.
OUR LAW Allows NATIONALIZATION. Sorry but this is in the constitution. All capitalist investing in Mexico KNOW that. In fact it is a Right of Sovereing Nations, Only Imperialists fear Nationalisms as a real threat to their interests.
that's a real off the wall response, but since you raised the issue. No, courts don't always get it right, I think the citizens united decision was horrible but it's the law and we are (supposedly) a nation of laws, right? As far as I know we can't pick and choose which laws we want to follow and which we don't.
OUR LAW Allows NATIONALIZATION. Sorry but this is in the constitution. All capitalist investing in Mexico KNOW that. In fact it is a Right of Sovereing Nations, Only Imperialists fear Nationalisms as a real threat to their interests.
Family wanted to buy a vacation home in Mexico. We were told up front by real estate folks not to invest more than we could stand to lose because of this law.
Hard to imagine a major corporation not taking this into account when investing in Mexico.
OUR LAW Allows NATIONALIZATION. Sorry but this is in the constitution. All capitalist investing in Mexico KNOW that. In fact it is a Right of Sovereing Nations, Only Imperialists fear Nationalisms as a real threat to their interests.
So isn't the nationalist sentiment in the United States prompting calls to build a wall actually just a threat to imperialist globalists in Mexico and the US?
Family wanted to buy a vacation home in Mexico. We were told up front by real estate folks not to invest more than we could stand to lose because of this law.
Hard to imagine a major corporation not taking this into account when investing in Mexico.
You and all investors get paid back according to the value you are paid after expropiation, The Thing is that Most people use to declare lower Assets value to the Government so their taxes get lower, and when expropiations come, the government pays the Value of the Physical Assets, not the Commercial value.
Your assets here are invested and recorded in Pesos not in US Dollars. you will be paid the assets value Pesos in the case of an Expropiation then you are free to exhcange pesos to Dollars.
For Business it is a very Low risk investment because they get their assets value Back but not the Business value of the explotation of those assets. I mean if you build an Hotel in the Beach and it happens (which have never happened) that the government Expropiates the Hotel then you will be Repaid the Value of the Hotel according to its value as a building and infraestructure, not according to its value in the Stock Market. The government pays Real Value not Speculative values.
Believe it or not some companies ask the government to Expropiate their assets so they can recover the assets value.
Of course that int he case of a Factory the assets value is less than 30% the Business value, since much of the value of the companies is the Name, the Branding of the company, and much other is the business value as the amount of sales and profits of the work of those assets.
There is also a restriction, The government has to prove the Public Interest on the assets, and it is restricted to true benefits that would be spread to population.
Let me put an example, Let us say that some investor built a big building but suddenly it happened that he ran out of money and the building stucked unfinished, Somehow the government is planing to build a new Hospital arround and finds that your building may fit the requirements of it. It may Expropiate that building retriving you the amount of value of the assets.
Last edited by Alonso_Castillo; 01-12-2017 at 11:38 AM..
You and all investors get paid back according to the value you are paid after expropiation, The Thing is that Most people use to declare lower Assets value to the Government so their taxes get lower, and when expropiations come that government pays the Value of the Physical Assets, not the Commercial value.
Your assets here are invested and recorded in Pesos not in US Dollars. you will be paid the assets value Pesos in the case of an Expropiation then you are free to exhcange pesos to Dollars.
For Business it is a very Low risk investment because they get their assets value Back but not the Business value of the explotation of those assets. I mean if you build an Hotel in the Beach and it happens (which have never happened) that the government Expropiates the Hotel then you will be Repaid the Value of the Hotel according to it values as a building and infraestructure, not according to its value in the Stock Market. The government pays Real Value not Speculative values.
Believe it or not some companies ask the government to Expropiate their assets so they can recover the assets value.
Of course that int he case of a Factory the assets value is less than 30% the Business value, since much of the value of the companies is the Name, the Branding of the company, and much other is the business value as the amount of sales and profits of the work of those assets.
There is also a restriction, The government has to prove the Public Interest on the assets, and it is restricted to true benefits that would be spread to population.
Let me put an example, Let us say that some investor built a big building but suddenly it happened that he ran out of money and the building stucked unfinished, Somehow the government is planing to build a new Hospital arround and finds that your building may fit the requirements of it. It may Expropiate that building retriving you the amount of value of the assets.
That's interesting and different from what we were told.
So I don't see how this would prohibit investment, in fact might even spur it on knowing that if things didn't work out well, the government might actually buy the land and structure and repurpose it.
OUR LAW Allows NATIONALIZATION. Sorry but this is in the constitution.
That only applies to public utilities.
Expanding it to include nonutility assets is a blatant usurping of the rule of law.
And that is why Mexico is so poor and backwards. Not only is your constitution that of a banana republic, but you don't even enforce it consistently. Its farcical.
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