A study recently completed by HSBC, on the three largest economies in Latin America; Mexico, Brazil, Argentina has declared Mexico as its investment local of choice.
The study which was called “Three friends on a common Road: Mexico, Brazil, Argentina” major problems were cited in the latter two. Government intervention in Brazil seems to be slowing their commodity driven economy. In the external debt in Argentina has long been a problem, as well as government crackdowns on economic activity.
What is long been known by insiders in Latin America is Mexico, the only Latin American country that is a member of NAFTA, has for over 15 years been the shining example of free-market economic activity in the region. Combining this with a new Government that has been clear about policies of reform; and HSBC has concluded that Mexico is the safest bet for investors in the region.
Playa del Carmen has been for the last 12 years, the fastest growing City in Latin America. With the Mexican Economy on the verge of explosion and Playa benefiting from an International Clientele that is unlike anything else in the Hemisphere, now is the time to invest in Real Estate. Contact us today at www.American-Development.com for more information.