Anyone heard of this Border zone law?

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Yes

Submitted by fyl on Thu, 2012/11/01 - 16:25.

The issue was that Ticos were buying up land on the north side of the Rio San Juan and a law was passed to create a "Tico-free" buffer zone. I wasn't aware, however, that it restricted purchase by a legal Nicaraguan resident. I would also assume (but don't know for sure -- I didn't read the law) that a Nicaraguan corporation (S.A.) could purchase the land.

The law is called "Ley de Régimen Jurídico de Fronteras". You can find it here.

Timely Post

Submitted by KeyWestPirate on Thu, 2012/11/01 - 16:42.

with all the renewed interest in this area.

Could the land have been flipped to a Nicaraguan and some money recovered?

It was big news when it came in, just after the Coastal Law

Submitted by Juanno on Thu, 2012/11/01 - 16:51.

Then interest died down.

Here are two recent articles:

http://www.nicaraguadispatch.com/news/2012/02/a-lawyers-clarification-on...

http://www.nicaraguadispatch.com/news/2012/02/gov%E2%80%99t-investigates...

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