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Which of the Following Statements Is True of Purchasing Property

Question 91

Multiple Choice

Which of the following statements is true of purchasing property abroad?


A) Foreigners who purchase property in Dubai are not allowed to do business.
B) In Mexico, non-U.S. citizens are allowed to own property within 30 miles from the coastline or 60 miles from any U.S. border.
C) U.S. mortgage companies generally finance purchases of foreign real estate.
D) It is advantageous to purchase property in the European Union, as the political system is likely to remain stable.

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