Six Reasons Why
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By Gonzalo Guttierez, SIOR,
News headlines reporting drug-related violence in Mexico have
caused people to question safety and security in Mexico by default.
To provide some perspective, listed here are six reasons which
demonstrate that Mexico’s drug-related issues, although real
and in need of addressing by governments, do not make Mexico
wholly unsafe, nor do they foretell a collapse of the Mexican State.
Visitor Numbers are Rising
The Bank of Mexico is responsible for collating and publishing
foreign visitor statistics. Earlier this year, the figures showed
that more than 22 million foreign visitors arrived in Mexico in
2010—a rise on 2009′s figures and one of the highest recorded
numbers since these records began. Despite the swine-flu of
2009, the global economic crisis, and the drug-violence, people keep coming to Mexico. Statistics from foreign consulate records show that the overwhelming majority of visits to
Mexico are trouble-free.
Mexico's Economy Grew at 5.5% in 2010
Industrialized nations turn green with envy just thinking of
Mexico’s economic growth rate. Years of sound economic gov-
ernance, shrewd investment, and relatively low debt (public and
private) have created an attractive environment for investors and
foreign companies. Over the next four years, the Steel indus-
try in Mexico will invest $11.5 billion to increase production
capacity and modernize their steel plants. More than 90 percent
of the investment will be made by Ternium, Tamsa, AMSA and
ArcelorMittal. Additionally, companies such as Honda, Toyota,
Mazda, Prologis, Foxconn, L’Oreal, Lego, VW, Nissan, and
Rolls-Royce have seen the industrial potential of Mexico and
have responded by opening new factories and plants. In the pro-
cess they have created tens of thousands of jobs and sparked a con-
tinued increase in manufacturing production for years to come.
"If Mexico is a wholly dangerous
place to be, why are existing
expats staying put and
inquirires for relocations to
mexico increasing?"
