The richest man in the world is one of Mexico's many amazing contradictions.
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It 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 dollars and unemployment remains above 9%.
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When U.S. executives are sent to Mexico, they soon hear that Mexicans are "indirect" and "will not give you a straight answer, "especially if what needs to be communicated is unpleasant." Thus, the gen...
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North of the border, the real estate market has been influenced by the limited amount of credit available, causing banks to defer or decline applications for credit. On the other side of the equation, most homes in the area do not have mortgages, and the seller owns the home free and clear.
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Most 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 Revol...
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This Christmas will really test a person's ability to stretch a dollar, especially a U.S. dollar, since we've been watching it shrink for quite awhile now.
It certainly isn't necessary for big-mouth m...
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Oscar Hammerstein II probably didn't realize when he wrote the lyrics for Broadway hit Oklahoma! that "The corn is as high as an elephant's eye," were prophetic words. Corn, at $4.21 a bushel (as of...
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A. BUSINESS VISITOR:
A business visitor is a person who is involved in any of the following:
research and design - market research
business transactions for manufacturing and production (m...
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The Mexican Assembly Program was started over 25 years ago in response to a private sector initiative designed to alleviate a high unemployment problem along the border with the United States. This was...
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Mexico, the United Mexican States (in spanish Estados Unidos Mexicanos), is a federal republic situated in North America. It is bounded on the north by the United States; on the east by the U.S....
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The Mexican tax system has been subjected to comprehensive tax reform legislation, enacted principally in 1986 and 1988. The dramatic changes are an attempt to make it compatible with the tax systems o...
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A. INTRODUCTION:
The intellectual property of a business may be the most important asset that the business owns. The distinctive creation, invention, method or recognition of a company is the result o...
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After 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...
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Importers will use a customs broker (a private-sector provider of services) of choice to obtain release of the merchandise. The customs agent will provide to importers all necessary information relatin...
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In Mexico only civil marriage is recognized as legal. Persons wishing to get married in Mexico may also have a religious ceremony, but it will have no legal implications. A civil wedding in Mexico is f...
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Foreigners can opt to establish a Mexican company or to acquire stock in an already established Mexican company to do business within Mexico, depending upon the need to have a presence and involvement ...
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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 l...
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Tourists traveling to Mexico by car must have a valid driver's license and a certificate of title or vehicle registration. In the case of a rented vehicle, it is necessary to show a rental agreement in the name of the person driving the vehicle. In the case of a company car, a notarized document proving that the vehicle was assigned to the driver and a proof of employment.
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A person can live in Mexico as a non-immigrant retiree with the income produced by his or her investments, interests or benefits earned outside the country or by any other income authorized by immigrat...
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To facilitate the entry of foreign investors, officials, professionals and/or technicians involved in any financial or economic activity in Mexico, authorities in Mexican Consulates abroad are empowered to issue the corresponding visas. Citizens or legal permanent residents of Canada and the United States may remain in Mexico for a maximum period of 30 days by obtaining the FMN immigration form, free of charge. This form is extended to "business visitors", "directors", "technicians" and "transferred personnel". The characteristics and requirements of this visa are as follows:
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1. What are the basic documents I need to ship my goods to Mexico?
NAFTA FACTS document 8401 provides detail on the documents needed to ship goods to Mexico.
2. I have been told that I cannot export ...
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Gold-colored walls line the main street through Santa María del Oro, Nayarit. Bumping along the cobblestones in our camper-van, we are following in the footsteps of the Spanish conquistadors. In 1504,...
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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...
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