Spotlight on Mexico
In an effort to address countries and markets that offer the most business to NAR and its members, NAR Global has launched a “Spotlight” initiative to highlight these countries and the opportunities they present for our global practitioners.
Mexico has consistently been a top investor in U.S. real estate over the past 10 years. On the outbound investment side, Mexico is the #1 destination for Americans and baby-boomers that retire abroad, with an estimated 1 million+ Americans residing there. Up to half of these expatriates own real estate. Anecdotally, Mexican practitioners report increasing sales to Americans, thanks to an improving economy and security situation in the country. Continue reading for information on conducting inbound and outbound business with Mexico, and events that will help you connect with potential referral partners.
Doing Business With Mexico – During the "Making Money With Mexico" session at the REALTORS® Conference & Expo, we learned why Mexico is a worthy destination for expatriates who are looking for a great climate, affordability, and a safe investment. Read more at The Global View.
Mexico’s Well-to-do Move North – a Global Perspectives article covering Mexican investors purchasing in the United States.
Retiring in Mexico: Still an Option? – a Global Perspectives article on what you should know if your clients are interested in spending their golden years in Mexico.
Establishing a Network in Mexico – a Global Perspectives article on how you can establish and maintain a network of referral partners in Mexico.
AMPI and Texas - As the NAR-designated ambassador association, the Texas Association of REALTORS® is committed to strengthening its partnership with AMPI (Asociación Mexicana de Profesionales Inmobiliarios), the real estate trade organization in Mexico. The goal is to facilitate more cross-border transactions between AMPI members and Texas REALTORS®. Watch this six-minute video to learn how they are working together to boost business between these two nations.