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
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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. |