Know the facts
- Mexico is the world’s 12th largest economy with USD $2 Trillion GDP
- 2,000-mile border line with the US
- Healthy demographic structure with 74% of its population under 50 years old
- National debt of USD $611 billion (30% of GDP)
- Appreciating currency (range MX $16 to MX $19 per USD)
- Good investment yield (Gov. Bonds 28 days at 11.25%)
- Affordable housing (Medium housing price in urban areas USD 175,000
- NAFTA (T-MEC) import export alignment.
- Population of 129 million
- Strong consumption confidence at 47.5%
- Low levels of aggregate indebtedness
Preconceptions of doing business in Mexico
The truth
- Mexico's labor market is very different from that of China and the US it has its own particularities’ that are key to be successful investing in this country
- The country is strongly regulated in many areas, including taxes, Company set up, Acquisition of real estate & assets, has strong KYC procedures.
- Most areas are safe however it is always recommended to be alert and have a low profile for safety. This is a process Mexicans are used to and implement in their lives.
- Not everything is cheaper and there is also a large dependency on Chinese supplies and raw materials. However Mexico is very competitive in certain industries (Agro industries / Plastic / Tourism / Manufacturing / Wood / Furniture / Liquor / Automotive / Areospace)
- Bureaucracy it is key element of doing business in Mexico, so know the way around is crucial to achieve goals
- Not everyone speaks English, and if so there are many cultural differences that need to be addressed
- Mexico's Taxing system is very complex and rigid, so a wide understanding of its functionality is key.
The key to sucess in Mexico
Estructuración Activa has developed comprehensive services clusters, designed to accompany all its internation customers in the path of doing business in Mexico.
Service packages include;
We are a one stop shop, for our customers keen to do business in Mexico successfully. |