Articles in the Mexico Economy Category
Featured, Mexico Economy, Mexico Real Estate news, Uncategorized »
No one wants to invest in real estate in a country that is on a fast track to nowhere. Everyone wants to invest in real estate in a country that works tirelessly to build its reputation, resources, and opportunities around the world. Such is the case with business-minded Mexico and its new found determination to form a trade pact with Brazil.
At the present time, Brazil and Mexico are responsible for approximately 70% of all of the economic activity in the region. Brazil has the 8th largest economy in the world. …
Baby Boomers, Featured, Financing Mexico Real Estate, Living in Mexico, Mexican property ownership, Mexico Economy, Mexico Investment Facts, Mexico Real Estate, Puerto Vallarta, retire in Mexico, Retirement, Tourism »
Featured, Mexico Economy, Mexico Investment Facts, Uncategorized »
With with flu bugs and sensationalized press headlines about the drug war along the U.S. border, Mexico was in danger of slipping out of investment fashion.
But as we move out of the summer season and start looking at what’s new for this fall, it’s clear that Mexico investment is becoming the new vogue.
The beginning of August saw the press full of reports about big international companies making equally big investments in Mexico and others strengthening their business commitments.
Banks and financial service providers, such as Fitch and Morgan Stanley, have also given …
Featured, Financing Mexico Real Estate, Mexico Economy, Uncategorized »
Now that Mexico finance is becoming so readily available, more people are choosing this option over using cash to finance their Mexico real estate transaction, said experts in Mexico finance and real estate.
Most Mexican banks require a Migrant Visa (FM2) for a non-resident to obtain Mexico mortgages.
However, if there are bank statements to prove the financial situation at home, some also accept an FM3 (Non Migrant Visa). In other words, there is no need to be a Mexican citizen to get a loan from a Mexican bank.
And just because your …
Baby Boomers, Headline, Mexico Economy, Uncategorized »
Simply finding a job in Mexico is not a career destination. Finding a job in Mexico that pays enough to leave plenty left over for investing in Mexican real estate is the next best thing to finding Nirvana. The three most active job markets in the U.S. today are Health Care, Information Technology, and the catch-all phrase of Professional Services. In order to immigrate to Mexico, foreigners must prove that they have an income of approximately $1,500 USD per month, depending on the current exchange rate. In addition, Mexico does …
Featured, Mexico Economy, Tourism »
As much as president Felipe Calderón is doing to combat drug trafficking in Mexico, he’s doing little if anything to combat Canadian anti-Mexico sentiment. And the result has been taking an enormous toll on tourism to previously popular Mexican tourist destinations. Now is the most opportune time for Calderón to strike back.
In 2006, Canadian travel advisories were rampant against travel to the southern state of Oaxaca as a result of civil unrest there, despite the fact that no Canadian (or American) tourist was harmed or even threatened – videographer Bradley …
Featured, Living in Mexico, Mexico Economy, Mexico Real Estate news, Uncategorized »
Mayan Riviera real estate from Cancun to Tulum is set to benefit from the new highway bridges that will soon be constructed in Playa del Carmen.
The overpasses will greatly speed up the journey from Cancun and Cancun airport to other parts of the Mayan Riviera, a journey on fast highways but sometimes held-up by bottlenecks through Playa del Carmen.
The bridges will mean that fast traffic, not destined for Playa del Carmen, will reach other parts of the coast much more quickly.
Local realtors, RE/MAX Investment Properties Mexico, estimate that the journey time from …
Baja California, Cabo San Lucas, Featured, Mexico Economy »
Featured, Mexico Economy »
The real winner in Mexico’s recent mid-term elections was democracy and the rule of law. Mexico’s political and legal institutions have shown solidity and strength, guaranteeing the country’s position as one of the of the most secure emerging market economies for investors.
Headline, Living in Mexico, Mexico Economy, Uncategorized »
The weaker Mexican peso is enticing foreign investors into the stock market in record numbers. In fact, so many foreigners are investing in Mexican stock right now that the IPC closed up 1.3% in just one day this week, and spirits were running so high that the market opened higher by 1.9% the next morning! Follow IPC (Mex) to keep informed on this topic.
One need only understand a little of what has happened during the past week to understand why investors are flocking to Mexico at this particular time. The …
