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About Mexico and how that affects your investment

If you are reading this, you have fallen in love with the magic that is Mexico and it’s rich cultural heritage and wonderful people.  In fact, when asked “Why Mexico?” by friends and family the most repeated response is simple…“the people.”

We wont go into the fascinating details of the evolution of the history and culture of Mexico on this page, but there are very pertinent facts that you should know as they pertain to your investment.

The Mexican economy has been extremely stable for many years and in fact, they are one of the top 10 economies in the world.  The Mexican people are rightfully proud of their emergence onto the world scene and you can be assured that there are no foreseeable changes in the future.

The advent of NAFTA in 1993 has been the driving force behind this economic miracle by opening Mexico up to foreign investment and stabilizing their currency.

Real estate investments in Mexico have been showing returns comparable to the hottest markets in the U.S. and Canada.  While there appears to be a slowing down in those gains in the above countries, Mexico is still going strong.

Why is the Mexican real estate market bucking the trend of its northern neighbors?
Perhaps the strongest factor in this phenomenon is the fact that while prices for real estate are climbing exponentially in Mexico, they are still affordable. 

Mexico’s resort areas rank among the finest in the world and the Mexican government is Committing vast resources into the infrastructure of these areas to ensure that they continue to attract investment.

Proximity. 
Getting to Mexico is very easy for both from the United States and Canada.  Most major cities offer non-stop flights directly to major tourist areas and there are more being added every year.

The “boomer” generation. 
The enormous amount of accumulated wealth by the boomer generation has never been matched.  Today’s U.S. citizens and Canadians are much more adventurous than their predecessors.  Instead of settling for Florida many are investing their real estate dollars in Mexico.

Few people can resist the magic of Mexico and now that financing is available, it is is much more attainable for all.

For further information, read the Vallarta Tribune Q & A

 

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