Quote:
Originally Posted by pornguy
whats the immigration situation for land purchase?
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A lot of US citizens own land / houses here...that is no problem at all. Homeowners and tourists are welcome to stay whenever they want. There are certain standard rules about the amount of time a non resident can stay (I think for US is 3 month in a row), but there are also exceptions to that rule (for example pensioners, and if you can prove you have sufficient income, you can stay as long as you want.)
The tourists (the majority are from US) that come here HAVE a large bank account, other wise they probably wouldn't be here
Villas in the area can be rented out easily most of the time, which makes it also for home owners an excellent investment. A $2500 weekly rental fee is the going rate for this area.