MEXICO CITY, Mexican businesses, particularly those linked to real estate and construction, are counting on investment from so-called “nearshoring” to boost profits and economic growth, especially in industrial zones near the U.S. border. Mexico’s government expects nearshoring—the trend of locating manufacturing capacity in Mexico closer to the U.S. market than in Asia—to add up to 1.2 percentage…
The secret has been out in Tulum for quite some time. From the gorgeous beaches to the lush jungles to the otherworldly cenotes, it is a travelers’ paradise. Travelers keep coming to Mexico’s trendiest destination. As winter is just around the corner, more travelers are expected to arrive in droves. There’s a lot going on in Tulum this…
Nearshoring has boosted demand for industrial space in Mexico and is growing, leaving industrial developers struggling to keep up. Mexico City-based real estate fund Meor reported this week that less than 2% of industrial space is currently vacant nationwide, while the figure in the north is close to 0%. The shortage will likely become more…
Large numbers of people in the United States aspire to own a home in Mexico, a recent analysis suggests. According to the real estate search engine Point2 Homes, Mexico ranks as the most sought-after destination for American homebuyers in search of properties within the Americas. Large numbers of people in the United States aspire to…
Owning a home is a keystone of wealth… both financial affluence and emotional security.