Posted by Rich-CA on January 15, 2008 at 20:12:00:
Some countries, like Mexico and the Philippines have ownership restrictions for foreigners, so research carefully. Most of the countries in South America are unstable, to the point of having armed gangs controlling sections of the country and areas withing the cities. Make sure your agent not only knows these but also is himself reliable/honest. Frankly, if you are not from the country in question or have family/friends still living in the area, I would not risk it. Its a LOT easier to hop a plane to anywhere in the US/Canada than to any country in South America. The risks are IMO not worthwhile for someone who does not know the culture, laws, and situation.