Ariel Cano Cuevas, the Director General of Vivienda, Mexico’s national housing agency, delivered the key note speech at the recent Mexican Association of Real Estate Professionals (AMPI) Toma de Protesta (Inauguration) in Mexico City. During the presentation, Cuevas announced new initiatives for two social housing agencies, INFONAVIT and FOVISSTE. He concluded his remarks by predicting [...]
Mexico City, Mexico – Despite the severe economic crisis in Europe, French companies will continue with expansion plans, mainly in emerging countries like Mexico, where there is a great opportunity for growth, said the Minister of Economy, Finance and Industry of France, Pierre Lellouche. Meeting with the media, the European official said that 400 companies [...]
Puerto Vallarta, Mexico – While Mexico produces and exports solar panels and photo voltaic cells, the country has not previously explored using solar energy, a form of alternative energy, to generate electricity at home. However, this will soon be changing. In light of depleting oil reserves, talk of solar energy in Mexico is heating up, [...]
By Robert Kleffel – Mexconnect It is often said that when the US gets a cold, Mexico gets pneumonia. This time it didn’t happen. Let’s look at the data from Mexico’s dynamic economy. During this last recession, in the US millions of homes are in foreclosure, 250 banks failed, bail outs cost trillions of dollars, [...]
(Reuters) – With home mortgage rates still hovering around record lows – and they may fall further still – this should be the perfect time to lower your borrowing costs. Yet with tough standards and more people in a home-equity hole due to the housing slump, it’s difficult to get the best rates. There are [...]
More than 2 million retired Americans have chosen Mexico as their new home, a figure that continues to increase thanks to the pleasant climate and favorable economic conditions, Tourism Secretary Gloria Guevara said. During Friday’s inauguration of the 1st National Forum for Retired Americans: Expectations and Solutions of Life in Mexico, the official said that [...]
The World Travel & Tourism Council (WTTC) just announced that it will hold its first Regional Summit on 16-18 May in 2012 in Mexico. The Regional Summit will be hosted in Cancun, Quintana Roo by the Mexican Ministry of Tourism. The WTTC Americas Summit will cover North, Central, South America and the Caribbean. It will [...]
On the U.S. East Coast, winter arrived early this year. And as we move closer to the official start of the snow season, many people are wondering where they could go to escape it. It used to be that snowbirds looked to Florida and Arizona for wintertime sun. Today, you have many other appealing options, [...]
Mexican Customs (Aduana – SAT) has published several key new importation rules that affect both tourists and expats entering Mexico. These rules take effect on November 1, 2011, affecting the amount of non-personal items that Mexicans can bring into Mexico by land, and changing the age of vehicles that can be permanently imported for both [...]
Puerto Vallarta, Mexico – In 2010-2011, the International Community Foundation released a series of five research reports, entitled, “U.S. Retirement Trends in Mexico’s Coastal Communities.” Using data collected through surveys, focus groups, and interviews, the International Community Foundation surveyed over 840 U.S. retirees over 50 years of age that live full-time or part-time in Mexico’s [...]
