New AMPI President Installed
For the second time in AMPI’s 60 year history, a female has been installed as President of the national association.. Beatriz Gamboa Lago was installed recently at a ceremony in the Mexico City’s spectacular Sumaya Museum. Along with the new President and Vice President, 20 members of the new Advisory Council took the oath of...
Finding your Happy Place in Mexico!
Happy Planet Index ranks Mexico as 2nd happiest country Source: Mexico News Daily You won’t find many countries happier than Mexico. In fact, there’s just one and that’s Costa Rica, according to the Happy Planet Index. Mexico has been ranked No. 2 in the world by the index, described by its creator as a measurement...
ZEE and Chinese Investment in Mexico
The states of Michoacan and Guerrero have recently established several municipalities along their seacoasts as a Special Economic Zone (Zona Economica Especial, also known as ZEE). This action is expected to increase commerce and detonate the economy of the areas. Chinese officials visited the states of Michoacan and Guerrero earlier this month to review and...
Real Estate News – July 2016
Welcome to the Second Quarter, 2016 Newsletter. In this edition we look at Mexico’s economic relationship with the U.S.A. and we check out Canada’s new immigration law. In addition to the VISA regulation, covered in the article below, Canada is seeking an increase of Mexican students for scholarships and an increase in temporary agricultural workers....
Global Mexico Comes to Banderas Bay
INSTITUTO IMOBILIARIO GLOBAL MEXICO A.C. (IIGM) was officially founded in 2014, in Mexico, by four real estate professionals, with more than 120 years in the Global real estate arena. The group has always believed that PROFESSIONAL EDUCATION for real estate agents in Mexico should be the foundation for anyone wanting to work or invest in...
Global Real Estate Institute in Mexico
Global Mexico Real Estate Institute was recently formed by a group of high profile Mexican REALTORS®. It is a bi-lingual, bi-cultural organization dedicated to delivering international education to the Mexican real estate industry. The four founders have a combined experience of more than 120 years in the international real estate arena. Having searched for courses...
The Fideicomiso will continue, amendment rejected
The Fideicomiso will continue. Amendment to Article 27 of the Mexican Constitution has been Rejected In May of 2013, the Mexican Chamber of Deputies (the lower house) approved legislation which would have amended the Mexican Constitution to permit foreigners to purchase property outright in Mexico’s Restricted Zone which is 100 kilometers from the borders of...
Spotlight Mexico wraps up a successful 2013
Janet Jensen & Cindy Stanford of SNELL REAL ESTATE ENGEL AND VOLKERS Luxury Home Sales, promoting Mexico at NAR San Francisco In 2013, the National Association of Realtors® (NAR) announced a new program. It would be called Country spotlight. The first year was Spotlight Mexico 2013. (2014 is Australia and 2015 will be Canada)...
International investment in Mexico continues to rise in key industries
Tourism and Hospitality industries see growth Latin America is one of the world’s fastest growing vacation and leisure markets. After a very slow 2012, hotel and tourism developers are back to building with high expectations for 2014. Developers are adding new properties in Mexico and the Caribbean in record numbers, the number of hotel construction...
NAR Mid-year Meetings, Washington, D.C.
As usual the midyear meeting of the National Association of Realtors ® (NAR) had a truly international flavor. The Global Networking Reception presented an opportunity for REALTORS® from around the Globe to renew acquaintances with old friends and make new ones. Dr. Lawrence Yun NAR’s Chief Encomiast shared the podium with La Vaughn Henry from...
Retirement Trends in Mexico
http://www.topmexicorealestate.com/
I was recently perusing some survey results which had been posted online (here and here.) The surveys are fairly outdated (2006) but I think they still shed some light on trends that we can see among U.S. retirees coming to Mexico. These are some of the interesting numbers I pulled out: Activities Top activities which...
International Real Estate Spotlight Shines on Mexico
The National Association of Realtors® has announced a new program to Spotlight A level affiliated, premium countries. During the first year (2013) the Spotlight will be on Mexico. Australia will be in the Spotlight in 2014 and Canada in 2015. What does it mean? Below are just a few of the features of the Spotlight...