Could this be a sign?NOPALÓ, Mexico — Slowly but surely, acre by acre, Mexico's Baja Peninsula is becoming an American colony.
"For Sale" signs are sprouting all over the 800-mile-long peninsula, offering thousands of beachfront properties. Americans are snapping them up. They have already created communities where the dollar is the local currency, English the main language and Americans the new immigrants transforming an old culture.
"Everything's for sale, every lot you can imagine," said Alfonso Gavito, director of a cultural institute in La Paz, the capital of Baja California Sur, a state with 400,000 citizens and some of the last undeveloped beaches in North America. "It's like 20 years of changes have happened in three months."
This new land rush, involving billions of dollars, tens of thousands of Americans, and hundreds of miles of coastline, is gaining speed despite the fact that Mexico's Constitution bars foreigners from directly owning land by the sea.
Mexico's government wants foreign capital as much as Americans want a house on the beach — maybe more. So it worked around the Constitution. In 1997, it changed the law to allow foreign ownership through locally administered land trusts. A Mexican bank acts as trustee, the foreigner its beneficiary.
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In Rosarito, an hour's drive south of the United States border, about one-quarter of the 55,000 residents are Americans. "An increasing number of Americans are moving here to escape their government's policies and the costs of living," said Herb Kinsey, a Rosarito resident with roots in the United States, Canada and Germany. "They find a higher standard of living and a greater degree of freedom."
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http://nytimes.com/2003/10/26/international/americas/26BAJA.html?hp