5 reasons to invest in Mexico

January 22, 2022

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Hector Galicia

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Globalization has made it easy to invest in other countries and in this way expose your brand, products and significantly grow your profits. Mexico is among the top 15 economies worldwide, which places it in the sights of investors.

If you are interested in investing in Mexico, we recommend you read the following reasons to invest in the country:

  • extensive territory

According to the World Bank, it is the eleventh largest country in the world and has approximately 127 million inhabitants, so these data make Mexico a great market to invest.

  • Strategic geographical position

Mexico is located in North America, becoming a bridge between the United States of America and Latin America, taking advantage of Mexico as an entrance to both markets.

According to UNCTAD Mexico is ranked 9th in the world as a recipient of foreign investment, going from 14th to 9th place in 2020. The United States of America and Spain are the main investors in the country.

  • Free trade agreements

Mexico has free trade agreements with approximately 14 countries in the world, one of the most important being the NAPHTHA (North American Free Trade Agreement), treaty signed with the countries of North America (United States, Mexico and Canada).

 In Mexico, online sales have increased significantly, according to the Mexican Association of Online Sales (AMVO), e-commerce in Mexico during 2020 reached 316,000 million pesos (approximately 15,800 million US dollars) being a growth of 81% with Over the previous year.

  • Manufacturing of technological products

Mexico is a destination that has a high ability to manufacture highly complex technological products.

As can be seen, Mexico is an excellent destination for foreign investors seeking to expand their business in North America and Latin America.

If you are interested in investing in Mexico, we invite you to contact us.

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Written by Hector Galicia

Public Accountant with more than 15 years of experience advising national and foreign clients. He currently serves as a founding partner of the Public Accounting firm Tax ID Mexico. info@taxid.mx

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