From the Arizona Daily Star:
Sonora aims to reassure investors from Arizona
Sonora has become the first state in Mexico to enact a licensing requirement for real estate agents, which may include criminal-background checks in select U.S. states, including Arizona.
Because the majority of Sonora’s foreign real estate investors are from Arizona, state regulators applauded the new law, which was unveiled at the Arizona-Mexico Commission meeting Thursday.
Investing in Mexico is safe, officials insisted, but while safeguards are in place, it’s up to buyers to exercise common sense.