Mexico – Reasons to invest

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As the 11th largest economy in the world (and one of the fastest growing), Mexico is beginning to look like a very attractive investment opportunity.

Here, we have looked at some of the key reasons why people are considering investment in a country that is gaining admiring glances from around the globe.

Commitment to upgrading infrastructure: The last few administrations within Mexico have all tried to increase competition areas such as telecommunications, ports, railroads and electricity generation. The theory has always been that expanding competition would lead to better infrastructure. This process has contributed significantly to Mexico’s fast emerging economy.

Selective export strategies: Over 90% of Mexican trade is under Free Trade Agreements (FTA’s) with a host of countries around the globe. These extend beyond Central and South America, into Japan, Israel and members of the European Union. Such a strategy has built powerful, productive relationships with some of the world’s leading economies.

Impressive figures: Given the steady but progressive growth the country has experienced over the last few decades, they have amassed some impressive statistics along the way. For example, over the last ten years they have had a stable growth rate of 7.6%. They also had the second highest average income per capita in Latin America at $15,323 in January 2010. It is the 11th largest economy in the world and one of only five officially registered high-income countries in Latin America.

Transferring money to Mexico

Are you looking to invest in Mexico? If so, think carefully about how you will be transferring money to Mexico. Foreign currency exchange rates quoted by banks are almost always worse than the exchange rates available through specialist currency dealers.

So if you are sending money to Mexico – which you will inevitably have to do if you are looking to make a property investment - be sure to compare the market before you buy your overseas currency.

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Mexico – Reasons to invest

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