Articles in the Mexico Economy Category

Mexico’s Economy Fairs Well Against US Slowdown
Posted in Mexico Economy, Mexico Investment Facts, Mexico Real Estate 101, Property management in Mexico, Uncategorized on 18 August 2008

Mexico’s GDP growth is expected to end up between 2-3% for 2008 [1], a positive sign that Mexico’s economy can overcome the effects of a US slowdown and still be productive. Joydeep Mukherji, the team leader for the Latin American soverign ratings at Standard and Poor, praised economic progress in Mexico while urging further reform [...]

Home Depot Prospers in Mexico
Posted in Mexico Economy on 14 August 2008

Often when the housing sector is booming one of the benefactors are home improvement retailers. Home Depot has been thriving in Mexico since they opened their first stores in 2001. Since that time they have grown to 69 stores and over $1 billion in sales according to a story in the Atlanta Journal-Constitution. In March, [...]

Mexico Ranks 44th in the World in Economic Freedom
Posted in Mexico Economy on 25 July 2008

When considering an investment in real estate in Mexico, research into the overall economic conditions of the country can be helpful in guiding your decision. A very informative site on economic conditions is the Index of Economic Freedom that is created by the Heritage foundation and the Walstreet Journal. They rank each country on economic [...]

A Brief History of Real Estate in Merida, Yucatan
Posted in Interviews, Mexico Economy, Mexico Real Estate, Yucatan on 21 July 2008

When people think of buying real estate in the Yucatan Peninsula, they often concentrate solely on resort areas like Cancun, Playa del Carmen and the Riviera Maya, while overlooking other parts of the region. Many of these alternatives might be perfect for you, and can offer some quality of life benefits you may not have [...]

2008 Outlook for Yucatan Real Estate
Posted in Baby Boomers, Cancun, Hotspots, Living in Mexico, Mexican property ownership, Mexico Economy, Mexico Real Estate, New Developments on 9 July 2008

2007 was a banner year for real estate investment in the peninsula, especially in popular areas like Cancun and the Riviera Maya, a 120-kilometer (80 mile) stretch of coastline which only a few years ago was a land of fishermen and undiscovered beaches. Today it is an area of intense development for the resort and [...]

NAFTA’s Effect on Mexico Real Estate
Posted in Cabo San Lucas, Mexico Economy, Property management in Mexico on 24 June 2008

During the democratic presidential primaries both Hillary Clinton and Barrack Obama blamed NAFTA for loss of factory jobs and vowed to opt out unless NAFTA was renegotiated. Obama has said “We should use the hammer of a potential opt-out” and has described NAFTA as “devastating” and “a big mistake”. Although a 2005 Congressional Research Service [...]

The Rise of the Rest: Effects on Mexico Real Estate
Posted in Mexico Economy, Mexico Real Estate on 12 June 2008

The rise of emerging markets such as the BRIC countries (Brazil, Russia, India, China) have the potential to greatly affect your international investments. “The Rise of the Rest” comprises of the billions of people in emerging countries who will gain significant wealth and influence in the coming decades. It is estimated that 86% of the [...]

What Effect Will US Economic Turmoil Have on Mexico Real Estate?
Posted in Mexico Economy, Mexico Real Estate on 11 June 2008

In a global economy we are all connected, and there is perhaps no country more dependent on the US than Mexico. Nearly 80% of Mexico’s exports go into the US and about 10% of its population work in the US according to some estimates. So it should be a no brainer that Mexico’s economy and [...]

Mexico to Invest $20 million a Year in Tourism
Posted in Mexico Economy on 28 May 2008

Mexico’s Tourism ministry predicted that $1.6 billion in public and private investment will be spent on tourism over the next 5 years, with $108 million to be contributed by the Mexican government. The government plans to build three new airports and renovate 292 roads that lead to tourist destinations.
With tourism accounting for 4.9 percent of [...]

Mexico Real Estate Growth Opportunity in Tamaulipas
Posted in Mexico Economy, Mexico Real Estate on 27 May 2008

Where in the world is Tamaulipas and why would real estate investors be interested in going there? Tamaulipas is one of the 31 states in Mexico, and shares all of its northern boundary with the State of Texas and its eastern border is the Gulf of Mexico. Real estate investors are flocking to Tamaulipas because [...]