With so much money accumulated on the sidelines of the highly volatile markets in America and Europe, international investors are having a tough time selecting a destination for their next investment. According to the 2011 report by the National Commission of Foreign Investment, Brazil rated 5th and Mexico 19th in the list of country recipients of Direct Foreign Investment (DFI) during 2010; with the U.S. placing 1st, China 2nd and Hong Kong 3rd.
Amidst an unstable economy with interest rates drastically low, investors who prefer placing their funds in America face …
Read the full story »As reported in the Wall Street Journal this week, Mexico has retained the coveted position of top cruise ship destination in the world!
Additionally, there was a 7.1 percent growth in the cruise industry in Mexico. More than 5 million people on 1,800 ships arrived to the Land of the Sun via its picturesque ports.
That adds to more than half of a billion dollars to Mexico’s economy in jobs and revenue!
It is absolutely no wonder then that Carnival Cruise Lines (NYSE: CCL) whose company commands around 49% of the global cruise …
Every winter my family and I travel to the United States to ski and snowboard. On arriving home to Playa del Carmen last week, I realize how convenient and easily accessible Cancun and the Riviera Maya are to other international destinations. I literally can walk my dogs along the Caribbean in the morning and be skiing that same afternoon in Park City, Utah. With direct flights to Denver, Salt Lake City, and dozens of other cities, this area of the Caribbean is like living in any major metropolitan area where …
I find myself explaining about the irregularities in financing in Mexico on a daily basis. With all the websites, misinformation, and general lack of regulation, I have decided to clarify the truth about financing. Getting a loan in Mexico is becoming more common for foreigners. However, it is still in the early stages so rates are higher and more conservative than in the US and Canada.
1. Yes, there is financing in Mexico. You can fill out a pre-qualification form attesting to your credit worthiness (similar in US), employment, tax records, …
Without going too far back into United States history, I want to highlight something that is often overlooked and that is what markets do not crash. The US had several stock market meltdown’s in the 1980′s. A good mortgage rate was 13% if you wanted to invest in a home. 1990 had many people up in arms on Wall Street followed by a decade of increased wealth, low unemployment, and almost no inflation. This ended when the stock markets took another nose dive in 2000 followed by the housing and …
Due to the inflow of investment dollars coming into the tourism industry in Mexico, it is highly expected that Playa del Carmen condos will continue to gain even more attention in the near future. A great advantage is available for those offering Playa del Carmen real estate within a resort setting. Buyers can expect a high return on their investment through the rentals they will receive from tourists who will need a place to stay during their vacation at Playa.
Being the geographic center point of the state, Playa property is …