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Friday November 17 2017

Business
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Active Planning Now for the Future

Active Planning Now for the Future Are you getting tired of negative news regarding personal investments? I sure am, so this article will discuss PDI SAPI de CV SOFOM ENR (PDI), a Mexican-registered financial institution which offers ways to insulate investors from the perils of the stock market, get-rich-quick schemes and standard garden-v...

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Mexico: Promising Moves Towards New Banking Models

Over the past several months, we have taken a close look at the branchless banking industry in a few key countries. Last week we presented our learnings from Brazil. Today we continue with our analysis of Mexico and share this summary note on the Mexican branchless banking industry. Mexico’s financial sector is beginning a significant transfor...

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Can Better Financial Services Improve the Lives of Migrants and their Families?

Can better financial services improve the lives of migrants and their families? This is the fundamental, motivating question behind my 2010-2011 research project in Mexico. Microfinance is a movement to develop new tools and institutions that provide financial services to low-income groups. In the last thirty years, microfinance has expanded ...

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Microfinance and International Migration

Can better financial services improve the lives of migrants and their families? This is the fundamental, motivating question behind my 2010-2011 Fulbright García-Robles research project in Mexico. Microfinance is a movement to develop new tools and institutions that provide financial services to low-income groups. In the last thirty years...

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Mexico: an Attractive Destination for Mining Investment

According to information provided by the Mexican Mining Chamber, between 2007 and 2012 the investment in the Mexican mining sector will have reached a record 21.7 billion usd. There are various factors that make Mexico one of the main destinations for investment in mining on a global scale; among others, the fact that 70% of the country’s territo...

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Overview of Foreign Direct Investment in Mexico

This past weekend, political and business leaders from around the world converged at the World Economic Forum in Davos, Switzerland. Among attendants was Mexican president, Felipe Calderón, and finance minister, Ernesto Cordero. While topics at the forum ranged from global sustainability to microfinance, Calderón used the opportunity to emphasi...

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Loonie Strenght: Results in a Shopping Paradise

The loonie, nickname for the Canadian dollar coin that replaced the former Canadian paper dollar bill, is a hendecagonal (eleven sided) bronze plated nickel coin that has been minted in Canada since 1987. It displays Queen Elizabeth II on one side and a common loon, a well known Canadian bird, on the reverse side. For about five years prior to ...

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Opinion: Yes We Can... Obama & Calderon

When I wrote last month's article about the need for the U.S. to take responsibility for the drug consumption side of the problem, I never expected that Hillary and Obama would get as involved in solving the problem as they have in the past few weeks. This is the beginning of a real solution. Good for them and great for us; we are two neighbors p...

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Individual Income Taxes in Mexico

Resident individuals are subject to Mexican income tax on their worldwide income, regardless of their nationality. Non-residents, including Mexican citizens who can prove residence for tax purposes in a foreign country, are taxed only on their Mexican source income. The Federal Tax Code provides that a foreign individual will be considered ...

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Legal Aspects of Living in a Condo

The cottage on a tiny individual lot or the mansion built on a grand expanse of land. This type of home ownership has been the dream of many in the Western world where land has been plentiful, and where the family lived in one home and did not have other properties for vacations, recreation and retirement. Changing life styles have changed owner...

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