Private Tourist Investment Totals $2.803 billion USD during First Four Months of Year

From January to April, tourist investments in Mexico have totaled $2.803 billion USD, accounting for 84% of the total annual goal in this area.
The SECTUR director noted that during the past 16 months of President Felipe Calderón’s administration, Mexico has accumulated $6.267 billion USD, as a result of which it has achieved 31% of its [...]

Posted on June 23rd, 2008 by Tropicasa
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Reimbursement of IVA at Airport is Up and Running

6/4/2008.-As of last Monday, the International Airport of Puerto Vallarta Gustavo Díaz Ordaz has a booth which is reimbursing the Value Added Tax (VAT) to foreign tourists that have made purchases in the country.
 
The booth is owned by the Mexican company Yvesam Retornos Mundiales S.A de C.V, who obtained a ten year concession to [...]

Posted on June 9th, 2008 by Tropicasa
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Many Latin economies poised to survive slump

From the 30 May 2008 Miami Herald, BY FEDERICA NARANCIO McClatchy Newspapers
WASHINGTON — When the U. S. economy sneezes, Latin American economies catch colds, according to an old saying. Not this time — at least for now. The U.S. crisis triggered by subprime mortgages and rising energy costs will spare most economies in Latin America, [...]

Posted on June 2nd, 2008 by Tropicasa
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