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Bali Real Estate: The Twists and Turns to Paradise3/10/2010 10:28 AM
Though famous among certain travel circles, most people - especially those living in North America - have never heard of the Indonesian island of Bali. Save for the 2002 and 2005 terrorist bombings, news coverage of the quiet island is scarce. For Americans, a nation that could hardly take a couple...
The 9 Habits of Highly Effective Real Estate Investors3/10/2010 10:25 AM
While there is no degree one can earn to become a successful real estate investor, most successful real estate investors do share similar characteristics. Having and working a plan, building a strong network of mentors and advisors, staying on top of changes in the market, being vigilant in portfolio...
Should You Invest In REO Properties Or Pre-Forclosures?3/10/2010 10:24 AM
Many investors looking to buy foreclosures debate on the merits of pursuing a bank-owned REO versus pre-foreclosure property. Getting a good deal on either type of foreclosure property requires dealing with the lender, understanding the timing for getting the best deal, having access to good financing...
Obama Administration Aims To Patch Up Foreclosure Crisis With $1.5 Billion In Aid3/10/2010 10:07 AM
The latest targeted housing relief from Washington was a $1.5 billion spot-fix for five states, and market-wide price stability has yet to materialize. In the midst of a crisis that could impact tens of millions of homeowners, comes news of yet another federal program to circumvent foreclosures - this...
New Zealand Real Estate Inventory Grows As Sales Stagnate3/10/2010 10:03 AM
New Zealand's real estate market is flush with nearly a year’s worth of inventory, and sales are stagnant. In order to motivate reluctant buyers, sellers may need to lower expectations - a reversal of fortune for vendors in regions like Wellington. See the following article from Property Wire...
Cyprus Real Estate Sales Struggle Despite Deep Discounts3/10/2010 9:59 AM
Deteriorating prices and deep discounts might have provided a temporary boost to Cyprus real estate sales, but it is a pessimistic sign for the year ahead. A proposal is also underway that would potentially open the Island’s property market to real estate agents across the EU. See the following...

Welcome to Mexico


About Mexico

Officially United Mexican States, republic (1995 est. pop. 93,986,000), 753,665 sq mi (1,952,500 sq km), S North America. It borders on the United States in the north, on the Gulf of Mexico (including its arm, the Bay of Campeche) and the Caribbean Sea in the east, on Belize and Guatemala in the southeast, and on the Pacific Ocean in the south and west. Mexico is divided into 31 states and the Federal District, which includes most of the country's capital and largest city, Mexico City.

Land

Most of Mexico is highland or mountainous and less than 15% of the land is arable; about 25% of the country is forested. Most of the Yucatán peninsula and the Isthmus of Tehuantepec in the southeast is lowland, and there are low-lying strips of land along the Gulf of Mexico, the Pacific Ocean, and the Gulf of California

 In the south the deserts yield to the broad, shallow lakes of a region, comprising the Valley of Mexico, known as the Anáhuac and famous for its rich cultural heritage. South of the Anáhuac, which includes Mexico City, is a chain of extinct volcanoes, including Citlaltépetl , or Orizaba (18,700 ft/5,700 m, the highest point in Mexico), Popocatépetl , and Iztaccihuatl . To the south are jumbled masses of mountains and the Sierra Madre del Sur.

People

The great majority of the population are of mixed Spanish and indigenous descent and speak Spanish, the official language, as their first language. Various Mayan dialects are also spoken. Since 1920 the population of Mexico has had a very high rate of growth, almost entirely the result of natural increase; from 1940 to 1990 the population grew from 19.6 million to 81.1 million.

*Columbia Encyclopedia, Sixth Edition, Copyright (c) 2003.

 


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Mexico Law Blog
Former Texas Businessman Arrested for Role in Alleged Scheme to Bribe Mexican Government Officials11/24/2009 10:31 AM
Mike Koehler, author of the FCPA Professor blog, reported today that the U.S. Department of Justice (DOJ) has announced the arrest of John Joseph O’Shea for his alleged role in the bribery of Mexican government officials to secure contracts with Mexico’s Comision Federal de Electricidad (CFE) in violation of the U.S. Foreign Corrupt Practices Act (FCPA). O’Shea was the General Manager of a [...]
Anti-Kickback Laws in the Mexican and U.S. Healthcare Sectors10/22/2009 7:39 AM
In the U.S., there are various federal and state laws that, subject to certain limited exceptions, prohibit the granting of value (for example, money, gifts, etc.) in exchange for the opportunity to provide goods or services to healthcare recipients or healthcare providers.  These laws include the federal Anti-Kickback Statute, the self-referral prohibition (i.e., Stark Law), the Civil Monetary Penalty [...]
Mexican Court: The Place You Never Want to Be10/21/2009 2:07 PM
“Presumed Guilty“, a recent documentary film by Mexican lawyers Roberto Hernandez and Layda Negrete, catalogues the nightmare of passage through the Mexican criminal justice system through the eyes of Antonio Zuñiga, who, at 26, was charged and sentenced to 20 years in prison for a murder he did not commit. An article by David Luhnow in the October 17-18, 2009, edition of The Wall Street [...]
Selling Goods to Mexico from the U.S.? Be Sure to Exclude the U.N. Convention on Contracts for the International Sale of Goods8/11/2009 7:21 AM
I regularly review contracts involving the sale of goods between the U.S. and Mexico or other Latin American countries.  One of the most common drafting errors in these contracts is the failure of the contracting parties to specifically exclude the United Nations Convention on Contracts for the International Sale of Goods (CISG) when they intend to do so. The [...]
U.S. Lenders Must Use Caution When Dating Mexican Pagarés8/6/2009 6:50 AM
Sometimes U.S. banks and businesses that lend or advance money to Mexican borrowers, for practical or business reasons, seek to have the Mexican borrower sign a Mexican promissory note (pagaré) with an effective date that is either before  or after the actual date of signature of the pagaré.  For example, an effective date on a pagaré [...]
Mexico Streamlines Corporate Formation With New Government Website8/4/2009 2:51 PM
I am pleased to say that the Mexican government appears to have kept its promise to speed the process of forming a new business entity in Mexico by the creation of a new corporate formation website, www.tuempresa.gob.mx, the launch of which was announced in today’s Official Gazette. The website enables users to: Search for and reserve a corporate name with the Ministry of [...]
Alternativas para la Distribución de Productos en los Estados Unidos7/29/2009 2:18 PM
Las empresas con planes de distribuir sus productos en los Estados Unidos cuentan con varias opciones.  En un extremo del espectro existe la alternativa de abrir un establecimiento de venta al menudeo para la venta directa a clientes.  Esta opción contempla una fuerte inversión de capital para constituir una sociedad en los EE.UU., establecer la [...]
Empresas Mexicanas No Deben Utilizar Una Oficina Representativa Para su Expansion a los EE.UU.7/28/2009 4:00 PM
El otro dia un cliente mexicano nos solicito apoyo en el establecimiento de una oficina representativa (representative office) en los EE.UU. para aumentar la venta de sus productos en los EE.UU. Una oficina representativa es un termino que tiene un significado especial entre fiscalistas.  En general, significa que un agente de la empresa matriz (en este caso, la [...]
Operational Activities Required to Maintain a Mexican Company7/27/2009 8:27 AM
Operating a Mexican company is more labor-intensive than operating a U.S. company, mainly because of the monthly and annual tax filings that must be prepared and filed for income tax, value added tax, labor tax, and withholding tax.   Businesses considering forming a Mexican company should budget for these operational costs of before forming the company.  Since the cost to outsource tax and bookkeeping [...]
Information Required to Open a Bank Account in Mexico7/27/2009 8:00 AM
Opening a bank account for a new company in Mexico is more time consuming and requires more documentation than in the U.S.  The following is a list of the actions generally required to open a bank account in Mexico for a new company.  The requirements of each bank are often different so readers should check with their banks [...]
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