Business and trade is becoming linked more closely among the United States, Canada and Mexico.
This week, real estate becomes my focus again. But I want to start with Mexico.
I grew more interested in trade among the 3 countries after listening to a broadcast last month on KABC-AM in Los Angeles with talk show host Al Rantel. Listeners were concerned that President Bush was moving the United States into a European-style union with the move to a common currency.
Barnard Thompson, editor of http://www.mexidata.info/ sent me a link to a web site where you can read about the Security and Prosperity Partnership of North America.
An excerpt from the SPP web site reads:
The SPP recognizes that our three great nations are bound by a shared belief in freedom, economic opportunity, and strong democratic institutions.
The SPP provides the framework to ensure that North America is the safest and best place to live and do business. It includes ambitious security and prosperity programs to keep our borders closed to terrorism yet open to trade.
The site also has a myth versus facts section and it clearly states there is no attempt to move the 3 countries into a European-stlye union with a common currency.
Will it make trade more efficient and how does it impact NAFTA?
I also know a developer who is involved in selling real estate to people in the U.S. who want to either move to Mexico or buy a second home in a resort-like setting. More than 1.5 million Americans (U.S.) now own homes in Mexico.
So if you want to invest in real estate, Mexico is a legitimate - and increasingly popular - place to invest.
No comments:
Post a Comment