Mexican President to the USA: Mexico is not Ungovernable

By Eduardo Ortega and Isabel Becerril · No one can explain how the United States can be the largest drug market in the world without the corruption of its authorities El Financiero, Mexico City – President Felipe Calderón expressed deep regrets that U.S. authorities and the media have pursued a misleading campaign against Mexico on […]

Mexico is the Best Place in the World to Retire

From International Living BALTIMORE, Sept 10, 2008/PRNewswire via COMTEX/ – Walt and Jean Smith start their mornings with coffee on the terrace. Sometimes they spy a school of playful dolphins jumping the waves. Usually, though, they watch the town awaken. Women pull tarps off small beach shacks where they’ll soon start grilling the “catch of […]

Violence is not affecting U.S. citizens visiting Mexico and Americans should not cancel their vacations

updated 4:42 p.m. CT, Thurs., March. 12, 2009 (excerpted from original article) Homeland Security official Roger Rufe said while the violence along the border in Mexico is appalling, violent crimes have not increased in U.S. border cities as a result. He said kidnappings are up, but violent crime is down. “We’re not so concerned, at […]

Mexico Might Allow Foreign Ownership of Coastal Property

By Brian Flock · The decree would allow foreigners direct ownership of “residential use” property in the so-called prohibited zone. · Amendment could simplify and accelerate investment in tourist communities and beach areas. A new constitutional amendment, proposed by Mexican Senator Mario López Valdez of the Institutional Revolutionary Party (PRI) on March 5, 2009, sets […]

Sarkozy Denies Mexico is a ‘Failed State’

French President, Nicolas Sarkozy (C), and his wife, First Lady Carla Bruni-Sarkozy (R), walk alongside Mexican President Felipe Calderon (L) during a visit to the pyramids of Teotihuacan, Mexico. (AFP/Alfredo Estrella) Mexico City – French President Nicolas Sarkozy hailed Mexico’s efforts to battle its spiraling drug violence ahead of his first official visit to the […]

PENDING HOME SALES AT HIGHEST POINT SINCE 2005

Report Shows Closed Sales Increase of 22% NAPLES, Fla.- February 13, 2009 – In January 2009, the highest number of pending sales since 2005 was reported in a report released by the Naples Area Board of REALTORS® (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island). Overall pending sales, which are […]

Nesting: Fly South… And Not For Just The Winter

Marc Serrao shares investment opportunities in Puerto Vallarta BY BRIAN PADGETT Even though the difficult economic climate appears to have a monopoly on our current circumstances, there exists a not-so-far-away land where you can take advantage of the strength of the American dollar. Yes, you read that correctly. Strength! If this suggestion sounds frivolous, recall […]

Home Equity : Cross-Border Capital Flow

Financial markets…tanking. Real-estate market…tanked. What’s a home-buying trader to do? Flee to Mexico, where the beer is cold, the sand is white and the high-end homes actually maintain some of their value. By: Cristina Velocci November/December 2008 , Page 116 Thirteen years ago, Mexico’s economy was in a state of abject crisis: weak banking systems, […]