IntroductionMexico 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... read more

Announcing that first quarter direct foreign investment totaled 7.425 billion dollars, President Vicente Fox described Mexico as the "best place in the world in which to invest". The year-end figure for foreign direct investment is likely to top 16 billion dollars.

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Table of Contents Stock market at record high Retail sales rising Mexican multinationals ... read more

A major study by Grupo IDM suggests that improved employment opportunities are on their way. About 18% of firms questioned in the southeast and north of the country will be actively seeking additional workers in the next few months. A further 60% expect to retain their existing workforce intact.

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The government's proposed budget for 2000 has been submitted to Congress. The government anticipates that the economy will grow by between 4 and 5% next year and that inflation will be around 10%. The budget allows for a fiscal deficit of 1% of Gross Domestic Product (GDP) and a current account deficit equivalent to 3.2% of GDP. The average exchange rate over the year is expected to be 10.40 pesos to the dollar. In calculating the budget, the government has assumed that oil prices will average 15.5 dollars a barrel.

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Most analysts agree that the nation currently enjoys a stable economy with steady flows of foreign direct investment, a buoyant stock market, a strong currency and its highest ever foreign currency reserves. Given this investor confidence and the upbeat economic outlook, why then did the Fox administration announce last month a 1.12 billion dollars cut in public spending? The main reason is because it is a prudent and cautious response to lower-than-expected oil-export revenues and tax collections at the start of the year. read more

International Reserves The nation's foreign reserves stood at 68.678 billion dollars in mid-April, according to the Bank of Mexico, the nation's central bank. The reserves reached an all-time high of ... read more

Table of Contents Budget surplus Cable and telephone firms to compete ... read more

Table of Contents The shape of ‘06 Mexican to head OECD Promoting business in... read more

CONTENTS: PROMOTING MEXICO IN ASIA WORST DROUGHT EVER? DIRECT FOREIGN INVESTMENT ... read more

CONTENTS: SUCCESSFUL FIRST QUARTER PRESIDENTIAL ELECTIONS THE BIG MAC INDEX BORDER BRIDGE SUCCESS WIRELESS LOCAL TELEPHONES SALES OF NEW VEHICLES UP STRONG CEMENT M... read more

20 billion dollars in FDI Foreign direct investment in Mexico reached 17.8 billion dollars last year, and the Economy Secretary predicts it will top 20 billion dollars this year. Total FDI during the ... read more

Table of Contents Economy remains strong Tax breaks Rise in minimum wage ... read more

Foreigners who contemplate visiting Mexico with the intention of seeking employment can't remain in the country to work . Those who have the above purpose in mind, should first contact established com... read more

30 day business visitor form can be secured upon presentation of: A valid passport or a certified copy of the birth certificate or a citizenship card plus a recent picture identification. L... read more

Permission from the Secretary of Foreign Relations is required for the formation of 'Fideicomisos' or real estate bank trusts to invest in this industry. These permission may be given under the followi... read more

New foreign investment regulations establish conditions under which --with strict adherence to the law-- foreign investors may legally participate as major stockholders with new investments in sections... read more

Our manufacturing operation in Mexico was in trouble and we had to make a lot of changes quickly to rescue the business... read more

I found that the reluctance to communicate bad news was not a trait of our Mexican employees alone, but I did find that it was more prevalent there. read more

We had a lot of new business coming in and no room left. It was time to build our second facility in Mexico. After a lengthy negotiation, we purchased a good piece of property on fairly level ground. ... read more

Why focus on a labour savings in a country where the labour cost is so low? read more

Mexico is a large trading partner to both Canada and the US. NAFTA has accelerated this exchange. With the rules and regulations constantly changing, finding your way can be cumbersome. Mexico Co... read more

This page contains a listing of the Méxican Trade Commission offices around the world. read more

In recent time, we have all been inundated with news about the financial crisis. I don't know anyone who has not been affected by the devaluation, the increase in interest rates, and the uncertaint... read more

Export Assistance Atlantic Canada Opportunities Agency (ACOA) This regional development agency helps firms become export- ready. 215 Water Street. Atlantic Place, Suite 801 ... read more

Native Mexican Americans first settled along what used to be the shores of shallow lake Texcoco, present day Mexico City, in 1... read more

You are entitled to bring/take/send the following items, depending upon your FM status (immigration status). 1. FMT (Tourist) ... read more

ICEBERGS CONVERGENCE AND DIVERGENCE HIGH- AND LOW-CONTEXT CULTURES WHAT HAPPENED? A VERY EXPENSIVE MISTAKE. THE CHALLENGE BUIL... read more

In the past five years we have witnessed an explosive growth on the Net in terms of the quantity and quality of Mexico-related... read more

The Internet provides a wealth of resources about its own history and the associations that help it work. So this month the In... read more

"The key to understanding the ‘Mexican Way’ of doing business is to recognize that business management in Mexico has tradi... read more

This is a well-organized and clearly presented compilation of data about this country that any newcomers - and some old-timers... read more

I’d love to have had this book five years ago when we first came to live in Mexico. It’s not that we ran into a string of ... read more

The story is related to us by Jeff Farrell who, with his wife, Mia, purchases a property high above the rooftops of Zijhuatane... read more

Transporting your worldly possessions into Mexico is both an art and a science, even more so if you intend to do so on your ow... read more

(Disclaimer: All prices quoted in this article are accurate as of February, 2000. In addition, there are ALWAYS exceptions!) I... read more

Teaching English in Mexico is an enriching experience that will allow you to get to know Mexico more deeply than you would by ... read more

Marketing Yourself So once you are in your new home town how do you impress the directors of the local language schools? First... read more

Entering a Mexico City taxi means entering the special world of cabbies - a place where two traffic lanes can swiftly become t... read more

This is a topic that some people do not like to face, as it makes them think about their own mortality. Unfortunately, if we w... read more

When Immigration or IMSS decide to make changes to rules and or requirements, these are usually very minor, such as income amo... read more

Traveling to Mexico   Planning a trip to Mexico? Coming to see if this is where you may want to retire? Actually moving to Me... read more

Here are two widely varying topics. Marriage, everyone loves to talk about. Divorce, not a very popular topic. Fortunately, or... read more

Immigration's prices are normally due for increase every January. Although they failed to increase the rates for services in 2... read more

In the past several years the basic requirements for immigration to Mexico have not changed, but the explanations of these req... read more

In an effort to educate as many people as this column can reach, we touched on many legal issues surrounding our lives in Mexi... read more

It would seem we owe a big thank you to all the readers of this article. I think the greatest compliment to us is when we have... read more

In August, we covered the basic things you need to watch for and or take care of for first time visitors into Mexico - simple ... read more

Normally we come to you monthly to advise readers of different aspects of the law that affect our daily lives - immigration, r... read more

There are many reasons our foreign community is growing. Everyone wants a better life, whether it be the climate, the people, ... read more