Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
The Mexican Constitution And Its Safeguards Against Foreign Investments, Álvaro Ramírez Martínez
The Mexican Constitution And Its Safeguards Against Foreign Investments, Álvaro Ramírez Martínez
Cornell Law School Inter-University Graduate Student Conference Papers
Every state has safeguards against foreign investment in its country. Most of the times these safeguards are contained in a main document which governs said countries. This document can take the form of a Constitution.
The Mexican constitution contains a safeguard against foreign investments in Article 27, where it is stated that the Mexican state can expropriate private property among other things, due to public interest. Any expropriation must be followed by an indemnification. The price to pay as indemnification shall not exceed the assessment for tax purposes.
Mexico has an invaluable opportunity to attract foreign investments but it must …