Mexico is a very interesting country. Many things are happening. Nowhere else in the world are people protesting because taxes are going down. The old gringo gets an assortment of questions and requests. This is No. 1 for now. Challenge: Please explain the complaints about the REDUCTION in the tax on soft drinks. Response: Mexicans […]
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Married, single, young, old, with kids in tow, retired or entrepreneurs — Baja Mexico is enticing expats with its promise of a better lifestyle. The choices are unlimited. The colorful culture of colonial and fishing towns, low home prices, world-class surfing on the crashing waves of the Pacific, snorkeling in the crystalline fish-rich waters of […]
Continue ReadingForeigners 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 in Mexico from the commercial and tax point of view. The basic procedures related to the organization of a new Mexican company […]
Continue ReadingBusiness in Mexico One of the ways to soften personality shock is knowing what to expect from the Mexican. In this chapter special attention will he placed on helping the foreign executive understand the general differences between the Mexican and Anglo personalities. This should help clarify some of the more common work-related problems faced by […]
Continue ReadingMexico 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. MexConnect Business will make your task simpler. NOTE: This outdated post has been removed. Please use our tags or site search feature to find what […]
Continue ReadingDoing Business in Mexico I’ve discussed cultural differences and clarity in Mexico’s business world. But dealing with Mexican realities is not the only challenge faced by U.S. executives on Mexican assignments. Inevitably, as reported by many corporate leaders I’ve interviewed, U.S. executives in Mexico must also cope with the headquarters challenge. Perhaps the two most repeated […]
Continue ReadingDoing Business in Mexico “The problem in Mexico is that workers, and generally speaking all people, resist change.” This was the opinion expressed to me recently by a successful (at least, rich) entrepreneur in Mexico City. Because of this resistance, he says, “Mexico will continue to be behind the developed economies.” In his own experience, […]
Continue ReadingDoing Business in Mexico Both friends and enemies of Nafta predicted the treaty would bring increased investment crossing national borders, and in the case of Mexico, a significant new presence of U.S and Canadian firms. This has been the case, and although it could slow down if global financial woes persist, the tendency in the […]
Continue ReadingDoing Business in Mexico More often than not, when foreigners simply refuse to engage in the human aspects of the working world, they tend to see the more negative aspect of the Mexican experience. When I talk with non-Mexican businesspeople about their experience with Mexican organizations or Mexicans, I hear extremely contrasting views. One executive […]
Continue ReadingDoing Business in Mexico I received various emails on my recent column dealing with management standardization. Many people were concerned that my column suggested that standard procedures are not necessarily the best way to manage, and that if this is the case, wasn’t I suggesting discriminating double standards? I think those concerns are valid. Historically, […]
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