Mexico is an emerging economy that has been growing at unprecedented rates for the longest time. With a growth rate that is better than most developed countries. It seems like the time when Mexico will also be counted as a developed country is not far from us. The Mexican people are known for their sheer commitment to work and entrepreneurial spirit, with numerous Mexican businesspeople creating empires all over the globe. A great example is Carlos Slim, a Mexican billionaire with a net worth in excess of $82 billion, making him one of the richest people in the world In fact, they are consistently ranked on lists as one of the hardest working people in the world. With a work ethic as good as this, the fact that their economy is growing at this rate is not much of a surprise if one is being honest. Naturally, an economy progressing as fast as this attracts a lot of interest from across the globe. This means that there are a lot of investment opportunities in Mexico that are expected to give great returns. This also signals an even better opportunity for US citizens considering the relative proximity that the US enjoys with Mexico and the cultural similarities that both of these countries share with each other.
What are ETFs in Mexico?
Investing in Mexico has been made easy by Exchange Traded Funds (ETF) that possess a portfolio of securities. The best part is that they trade on a US stock exchange. ETFs are traded throughout the day as well. The best way one can describe ETFs is that they are a way of investing that combines mutual funds as well as stocks. So, if you have ever been torn between investing in a mutual fund and stocks, this is the best opportunity for you to put your money. This allows anyone who wants to invest in Mexico a way that will see them enjoy good returns. Due to the close ties that the US and Mexico enjoy, investing in ETFs is extremely convenient for the people who dare to put their skin in the game and reap the profits of business.
Should you invest in Mexico real estate?
This is an evergreen investment. Real estate is perhaps the only market that is always expected to go up and up. With Mexico’s largely booming economy, one can expect that their real estate is as high quality as well. The next question that one asks is what kind of real estate to invest in. As you already know, Mexico is a premier tourist destination. This means that the real estate in the areas that are known as tourist destinations tends to always be a great investment.
Now, there are many tourist destinations in Mexico, so we yet do not know which investment is the best. I would like to say that Puerto Penasco is up there as the next big tourist destination in the country of Mexico. Puerto Penasco, also known as Rocky Point is a wonderful place, one of unmatched beauty. Visiting this tourist destination after a long period of gruelling work, one can feel the burden just escape one’s shoulders and everything in the universe just seems to not matter anymore. It is the fact that Puerto Penasco travel can invoke that kind of feeling that I consider it to be the premier tourist destination around.
For investors, this means that the real estate of Puerto Penasco is one of the better investments that you can find in Mexico. So, the next question just begs itself, what is the exact place where one can invest considering that they are in Puerto Penasco? Well, the answer to that is Las Palomas Phase III. A great condominium complex equipped with all the amenities that one could ever ask for in the modern world. There is something for everyone in there with a host of activities that people of all ages could indulge in. With luxury like this, this is no surprise that units have been selling fast. If you are interested in it, there are still some left, but I would not recommend that you wait any longer and look into this investment as soon as possible.
Imagine being in retirement and waking up with the eternal sun just showering warmth at your face showing you that life can still be beautiful, and the sight of a sunset proving to be the most breathtaking thing in the entire world. The people of Puerto Penasco are also hospitable and nice. They welcome everyone into their circle and make sure that no one feels left out. Add that to the fact that they have some amazing food, the whole thing culminates into an experience that you won’t forget for the longest time in your life. Puerto Penasco travel for residents of Arizona or California is also extremely convenient as it is literally just a short road trip away. Add this to the fact that Puerto Penasco can be accessed through an open border, meaning that a lot of the hassle does not exist for that very reason. This is a point of total perfection, and we don’t get instances of life being as easy as this anywhere else.
So, these are the best investments in my opinion that you can make in Mexico. I have a clear preference for real estate and the location of Puerto Penasco is my personal favorite if you were to ask me where I would have put my own money in. So, take this information and go fly, young investor!