It’s been all over the news: President Trump has told the leaders of Mexico and Canada that the United States would not pull out of the North American Free Trade Act (NAFTA) agreement immediately. Mr. Trump also said that he would start the process to renegotiate the trade act to more of his liking. He believes that … [Read more...] about How would a change to NAFTA affect Mexico Real Estate?
Chances are you have been to the Riviera Maya several times before, and it’s very possible that during every trip the thought of staying in Mexico has crossed your mind. But… What do you do when that happens? I am guessing nothing because you’re on vacation and focusing on having a great time! But if you’re seriously … [Read more...] about Is it time to take a Real Estate Tour?
The summer of 2016 is proving to be a great one for tourism in Mexico, which is all part of the recent boom that the country has seen this year. There are many places to go in Mexico to spend your vacation, but for Mexican nationals the preferred destination has become the Riviera Maya, despite strong … [Read more...] about Riviera Maya Has Become Mexico’s Preferred Tourism Destination
Foto: Internet 2016 is turning out to be a very good year for tourism in Mexico and it doesn’t appear to be slowing down anytime soon. According to the Tourism Board there has been a growth of almost 10 percent in the first three months, with the rate of increase greater than anywhere else on the world. Last month … [Read more...] about Mexico Shows Boom in Tourism in 2016
Foto: GUSTAVO CAMACHO GLEZ There was some great news delivered to Mexicans last week at the North American Leaders Summit: Canada will be dropping its visa requirements for Mexican visitors starting in December 2016. In Ottawa last Tuesday, Canadian Prime Minister Justin Trudeau made the announcement alongside Mexican … [Read more...] about Mexicans Will Soon Travel to Canada Visa-free
Mexico’s federal tourism authority has reported that over 5.6 million foreigners have visited Mexico during the first quarter of this year. This is an increase of more than half a million compared to the same period a year ago. According to cnsnews.com, Americans are choosing to vacation in Mexico more than … [Read more...] about Americans Vacationing in Mexico More Than Ever
The United States has made history by passing 18 pesos for first time ever. According to Notimex, on Wednesday Jan. 6 the dollar was selling at 18.10 pesos at the International Airport of Mexico City exchange houses. There are many reasons for this sudden surge, including the effect of low oil prices and concerns … [Read more...] about US Dollar Makes History by Reaching 18 Pesos
Purchasing Property in Mexico: Part 2 In this edition of purchasing property in Mexico we will discuss the details by which non-Mexicans can buy property in the restricted zones, and why non-Mexicans need a bank trust or Mexican corporation to purchases in those zone. Based on Article 27 of the Mexican … [Read more...] about Purchasing Property in Mexico: Bank Trust and Restricted Zones