Mexico is one of the world’s fifteen most important economies
Mexico is one of the top developing nations in which to invest. Consider the following 5 reasons why investing in Mexico is a good option for executives seeking to grow their businesses.
Investment Destination
Due to a variety of circumstances, Mexico is one of the most competitive countries in the world for productive investments.
- A geographically advantageous location.
- With a young and skilled population, the expenses are competitive.
- Its internal market size and strength.
- Political and macroeconomic stability.
- Economic development.
- Manufacturing capability for high-tech items.
- Through a network of free trade agreements, an open economy ensures access to the world’s most significant markets
1. Strategic Geographical Position
Mexico is located in the midst of the world’s largest consumer market. More than 2,000 miles of common border separates the two countries. Because of Mexico’s proximity to the United States, a truck carrying manufactured goods may drive from Mexico to any location in the continental United States in less than 48 hours.
As a result, Mexico’s shipping costs are extremely low when compared to those of its competitors. Aside from its ideal location in North America, Mexico serves as a link between the United States and Canada, as well as the rest of Latin America.
2. Population with a High Economic Activity
Mexico is the tenth most populous country on the planet, according to government statistics. The “economically active population” of the country is expected to grow further. All people of either gender who provide work for the creation of goods and services are considered economically active. Mexico has recently made significant efforts to improve the skill sets of its workers.
3. Tax Benefits and Incentives
The following are some of the most appealing benefits and incentives for international manufacturers looking to start up shop in Mexico:
Imports of raw materials and suppliers for IMMEX accredited enterprises are duty-free for up to 18 months.
A zero-rate value-added tax on exports, even if they are physically sent to a third party;
Import duty refunds for inputs incorporated into products exported by the company or sold to another entity for export; Value-added tax refunds for IMMEX accredited firms;
On company earnings, there are no local or state income taxes.
4. Real Estate in Mexico
For many foreign entrepreneurs, investing in real estate in Mexico provides economic and personal benefits related to the dollar’s value versus the Mexican peso’s value, cultural familiarity, financial return on investment in real estate, and the country’s modern and accessible infrastructure in certain areas.
The investment alternatives are numerous and yield varying results.
Buying a property with a mortgage is not the only way to invest in real estate. Houses of all sizes, traditional apartments, apartments in buildings, real estate in housing complexes, land for construction, commercial premises, structures, and flats in buildings are among the properties available for purchase. This wide range of investment options allows you to diversify your portfolio and lower the chance of losing money due to fraud or unexpected economic changes.
Furthermore, each property has its own investment terms, so you can pay over time based on the circumstances of the purchase and your financial situation. For example, you can use real estate loans, use your savings, pay cash, or make partnerships with financial institutions to personalize the investment process to you and your needs.
In terms of results, having a wide variety of real estate investments will allow you to use your properties in creative ways. Whether you rent them, occupy them for your benefit, use them as commercial premises, or don’t want to give them immediate use, all the options that are generated from your decision will be only for your benefit and that of your loved ones.
5. World’s Fastest Growing Cities
Playa del Carmen and Tulum have grown exponentially in recent years, attracting media attention and assisting Mexico real estate to become one of the most interesting investments available worldwide.
Real Estate Products to Fit Every Market and Budget
Because of the high level of interest in the Riviera Maya, real estate projects for all types of investors and homeowners have been developed. The market expands from millennial properties to baby boomer properties, offering everything from single-family homes to luxury beachfront apartments and everything in between.
Put your money to work
Investing in the Riviera Maya is perhaps the smartest way to put your money to work. Its location, lifestyle, and growing economy have made it a hub for foreigners looking to rent vacation, short-term and long-term. Moreover, the concept of vacation rentals has been booming over recent years, and vacationers are looking for a more home-like experience in exchange for the all-inclusive resorts.
Cancun International Airport traffic
The Riviera Maya’s growing popularity has resulted in an increase in national and international tourism arriving at Cancun International Airport. In 2018, 33,247,315 passengers were registered, a 7% increase (2,194,746) over 2017 and a stunning 98 percent increase in 8 years.
The airport’s newly opened international Terminal 4 has also opened up numerous new routes and flights, ensuring a higher rate of tourism in the region.
Hotel Occupation
Over the last four years the general occupancy in the Riviera Maya has remained steady with an occupation above 80% as an average during the year.
The Riviera Maya is experiencing a tourist influx.
Stats like this one are great news for investors looking to make a profit from vacation rentals. Cancun and the Riviera Maya have a high proportion of foreign tourists, which increases their chances of renting out their vacation homes not just during peak seasons, but all year.
Contact us to discuss any investment opportunities
“There are plenty of opportunities to invest in the Riviera Maya. Depending on your strategy you can invest in development and construction or in an income-producing property. Even investing in land for appreciation is an option, as the prices in the Riviera are continually rising.”
