There’s no stopping the Mexican peso: the currency appreciated again on Friday to reach its strongest level against the US dollar in seven and a half years. Bank of Mexico data shows that one greenback was worth 17.05 pesos at the close of markets, and just 17.02 pesos at one point earlier in the day. …
Peso closes at strongest level against the US dollar in 7 1/2 years Read More »
Three out of 10 companies operating in Mexico are already seeing benefits from nearshoring, according to a Bank of Mexico (Banxico) survey, reflecting high levels of optimism from businesses that have relocated here. Banxico’s survey of more than 400 companies found that 27% are already increasing their productive capacity, either by expanding existing plants or …
Bank of Mexico survey shows nearshoring impact, prospects Read More »
A group of 20 Taiwanese semiconductor manufacturers is visiting Mexico to evaluate investment potential, Mexico’s Economy Ministry (SE) said on Sunday. In addition to manufacturers, three associations and a research center for semiconductors and printed circuit boards (PCBs) are attending the gathering, held in coordination with the SE and the Business Coordinating Council (CCE). Major …
Taiwanese semiconductor manufacturers visit Mexico Read More »
Selecting a reliable and competent property manager is crucial for homeowners seeking assistance in managing their properties in Puerto Vallarta. With the growing real estate market in this beautiful coastal city, finding a trustworthy property manager becomes paramount. This article aims to provide valuable insights into the essential factors to consider when choosing a property …
Choosing the Right Property Manager in Puerto Vallarta Read More »
Did you know that there are 14 different Mexican wine regions? Granted, when the average person thinks of Mexico, wine doesn’t top the list as their first thought. It’s hot and sunny in Mexico, right? However, whether you’re Mexican, an ex-pat, or just love to vacation in Mexico, if you enjoy wine, you don’t need …
The international real estate platform Far Homes partnered with the magazine Expats in Mexico to poll non-Mexicans about the cost of living in Mexico. The results offer a snapshot of living expenses for foreigners who have relocated to the country. The survey, carried out in February 2023, focused primarily on retirees over the age of 55 living full-time in …
Survey: cost of living in Mexico nearly half US average for retirees Read More »
Looking for somewhere new to live? Even before remote work and digital nomads were commonplace, Mexico was still a great place for expats looking to settle. Mexico is home to bustling city, gorgeous beaches, sprawling mountains, and no shortage of food and culture. The best places to live in Mexico each have their own unique set of characteristics — which …
Best Places To Live In Mexico: Top 5 Cities Recommeded By Experts Read More »
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that’s woven into the tapestry of Mexico’s peso Mexico’s peso has had an assorted history against the US dollar. Periods of stability have been followed by periods of great turmoil —and resulting devaluations— followed by rallies and stabilization. An irony —economists …
The Súper Peso and a Historical Tour of Mexico’s Currency Read More »
Mexico Real Estate has a lot to offer in terms of great weather, beautiful scenery, and authentic Latin American culture; plus, you will find lots of affordable real estate in Mexico. It is perfectly legal for foreigners to own Mexican real estate. The time is right for Mexico…. It is the United States’ closest neighbor to …
The Federal Consumer Procurator’s Office “Procuraduria Federal del Consumidor”, monitors the activities of the providers and intermediaries, who provide the timeshare service to consumers, to ensure that they act in accordance with applicable laws, and verify that consumer rights are not violated. For that, Article 65 of the Federal Law on Consumer Protection establishes that …
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