As a consultant, I have heard many repeated questions and feel it is time to put my opinion onto paper about what is happening in the real estate market here at Lake Chapala. Inventories of residential properties available on the local multiple listing service seem to be relatively stable over the last ten years in […]
Continue ReadingMost people probably have a vague idea that the Green Revolution was something to do with improving crops in the developing world, but how many realize that it began in Mexico? In fact, the Green Revolution continues in Mexico through the pioneering work of CIMMYT, the International Wheat and Maize Improvement Center based in Texcoco, […]
Continue ReadingDoing Business in Mexico A key tool for understanding cultures is examining how people communicate with one another. The kind of topics people bring up in conversations often reflects the themes considered important by their culture. Likewise, the manner in which people speak often reflects cultural values. For example, people from the mainstream United States […]
Continue ReadingNOTE: This article is dated but much of the general information still applies. Details should be confirmed with your nearest Mexican consulate or trade mission. Legal Framework Mexico has embarked on thee modernisation of its legal and judicial systems, and has introduced a substantial deregulation and improvement in the enforcement of its laws. Mexico’s legal […]
Continue ReadingA business visitor is a person who is involved in any of the following: research and design – market research business transactions for manufacturing and production (management & personnel) sales and purchasing for an enterprise located in the U.S. or Canada (other than direct sales) distribution and after sales services (general services) A professional is a person […]
Continue ReadingNAFTA FACTS document 8401 provides detail on the documents needed to ship goods to Mexico. Mexico is placing increasing importance on compliance with its labelling laws. Your labelling requirements depend on the type of product you are shipping to Mexico. A summary of Mexican labelling requirements is in NAFTA FACTS document 1602. A “NOM” is […]
Continue ReadingIt 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, bailouts cost trillions of dollars, the deficit rose to 1.4 trillion […]
Continue ReadingMexico is Canada’s most important trading partner in Latin America. Trade between the two countries was worth more than CDN $5 billion in 1994 and has grown significantly since the mid 1980’s. Exports from Canada to Mexico increased by 2.5% in 1993 reaching CDN $790 million. In turn Mexico exported CDN $3.6 billion to Canada […]
Continue ReadingAfter slicing through all of the numerous definitions that cloud this question, the answer is, simply, that a maquiladora is a Mexican Corporation which operates under a maquila program approved for it by the Mexican Secretariat of Commerce and Industrial Development (SECOFI). A maquila program entitles the company, first, to foreign investment participation in […]
Continue ReadingFortune magazine recently voted Monterrey, capital of the northern state of Nuevo León, as the best city in Latin America in which to do business. A brief look at the statistics for Nuevo León gives you some idea of why this Mexican-U.S. border state continues to be not only the business capital of Mexico, but […]
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