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Puerto Vallarta News NetworkNews Around the Republic of Mexico

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Now is the Right Time to Buy Real Estate in Mexico
Laura Gelezunas

Americans visiting Mexico are rejoicing in the exchange rate. During the second week of February 2016, it was hovering around 18.5 pesos to the dollar. People are getting great deals on meals and hotel rooms - and if you are thinking about purchasing real estate, now is a great time to buy.

FAQ's about Voting in the Global Presidential Primary
Democrats Abroad Mexico

Some states require you to re-register every year if you live abroad or will be abroad during election periods. Democrats Abroad answers frequently asked questions about voting in the 2016 US primaries and the November 8, 2016 general election from here in Mexico.

Mexico Fines Volkswagen $8.9 Million Over Emissions
EFE

On Monday, Profepa, Mexico's environmental protection agency, fined German automaker Volkswagen's local unit just over 168 million pesos (around $9 million USD) for selling 2016 model vehicles that lacked the corresponding environmental compliance certificates.

AMPI Still Pushing for Real Estate License Requirements
Ron Morgan Properties

Real estate buyer confidence makes a big leap forward in Mexico as professionalism takes center stage for many realtors in 2016. This means buyers are able to become new property owners without hassles or hesitation. Edward Padalinski, a broker at Ron Morgan Properties, explains.

5 Facts About Mexico and Immigration to the U.S.
Pew Research Center

By traveling northward across Mexico, Pope Francis is symbolically retracing the journey of Mexican and Central American migrants traveling to the United States. US immigration from Latin America has shifted over the past 2 decades. Here are 5 facts about Mexican immigration to the US.

Pope Visit to Mexico Highlights Guadalupe Influence
Associated Press

When Pope Francis visits this week he'll make an emotional stop at the Basilica of the Virgin of Guadalupe, where millions of pilgrims flock each year to pray before the shroud that bears her image. Guadalupe is the patron saint of Mexico - and an ever-present part of life for Mexican people.

Louis Vuitton Group Building Luxury Property in Jalisco
MEXLend Mortgages

Uber-luxury and style is coming to Careyes Beach in La Huerta, Jalisco, Mexico (located approximately a 2-hour drive south of Puerto Vallarta) as the Group Moët Hennessy Louis Vuitton (LVMH) starts construction on a $230 million USD, 7-star luxury property, called The Cheval Blanc.

Twitter Creates Emojis for Pope' Visit to Mexico
Fox News Latino

Pope Francis is set to step foot on Mexican soil this weekend for his latest trip to the Americas - his third in the last two years – and Twitter is prepared for fans to get their message across with a new set of emojis, along with four hashtags to mark the four cities Francis will visit.

Telefónica Lets Mexico Subscribers Tweak Mobile Plans
Wall Street Journal

Spain's Telefónica SA, Mexico's second-largest wireless carrier, said Tuesday it would give subscribers more control over their phone plans. The service, called Movistar On, was launched using technology that allows users to manage their plans at any time from their smartphones.

GAP: Passenger Traffic Increase in 12 Mexican Airports
Business Wire

Grupo Aeroportuario Del Pacífico has reported international traffic up 11.09 percent and an overall passenger increase of 16.4 percent at its 13 airports, (12 Mexico-based airports and 1 in Montego Bay, Jamaica) last month, compared to traffic figures for January 2015.

Mexico's President Names New Head of Pemex
Associated Press

A U.S.-educated economist took up the reins of state oil company Petroleos Mexicanos in one of several Cabinet changes announced Monday by President Enrique Pena Nieto. Gonzalez Anaya was sworn in as head of Pemex, replacing Emilio Lozoya, who had been at the post since 2012.

International Tourism in Mexico Increased in 2015
tourism-review.com

Last November, Mexico received 7.6 million international visitors, representing an increase of 6.6% over the same month in 2014. The total foreign exchange earnings from January to November amounted to $15.537 billion, an increase of 7.8% over the same period in 2014, SECTUR said.

Agreement Reached on NFL Regular-Season Games in Mexico
EFE

The National Football League, leading Mexican broadcaster Televisa and Mexico's Tourism Secretariat have signed an agreement to bring regular-season games to the Aztec nation starting this year. The deal was inked in San Francisco Friday, just two days before Super Bowl 50.

Is Mexico the Top LatAm Destination for Expats?
Forbes

Over the last few years Mexico has emerged as a major hub of in-migration for professionals from the U.S., the U.K., Spain, India, and China. According to HSBC's 2015 Expat Survey, Mexico is the best place in Latin America for expat professionals looking to live abroad.

High-Tech Startups Can Escape Cash Crunch in Jalisco
Wired.com

Jalisco has earned the moniker of 'Mexico's Silicon Valley' because Governor Jorge Aristoteles Sandoval recognizes that knowledge is capital. Investing that capital in Mexico could be a high-tech startup's gateway into the global market of technology and innovation.

Cross-Border Airport Terminal Transforms Travel
Cronkite News

U.S. travelers who want to fly out of the international airport in Tijuana, Mexico can now use a new terminal that straddles the border. The new Cross Border Xpress air terminal includes a 390-feet long pedestrian skybridge in San Diego that connects to the airport in Tijuana.

Philadelphia Cheerleaders in Mexico For Super Bowl
PhiladelphiaEagles.com

Six Philadelphia Eagles Cheerleaders will be traveling to Mexico City to perform at NFL Mexico's Super Bowl Experience 2016 on Sunday, February 7th. The cheerleaders, Ally, Amanda Grace, Christine, Deonna, Rachel and Snow, will also make appearances beginning on Friday.

Medical Marijuana Eyes Mexico as Next Big Market
Reuters

Medical Marijuana Inc is betting on Mexico as its next big market as the country opens up to the import of some cannabis-derived products for medical use. CEO Stuart Titus said Mexico represented a '$1 billion to $2 billion opportunity' in terms of cumulative revenue over the next 10 years.

Roadmap for Mexico's Solar Development Emerging
Green Tech Media

Speakers and panelists at last week's GTM Research Solar Summit in Mexico City agreed that the development of Mexico's solar sector will likely mirror that of other markets, but with location-specific characteristics and some unique obstacles.

Canada Vows to Resolve Visa Impasse With Mexico
Wall Street Journal

Following Friday's meeting in Quebec City with Mexican Foreign Minister Claudia Ruiz Massieu and U.S. Secretary of State John Kerry, Canada's Foreign Minister Stéphane Dion said a long-standing dispute with Mexico over visa restrictions would be resolved.

Millions of Taps Run Dry as Mexico City Fixes Pipes
Vice News

Maintenance work on the Cutzamala water system has temporarily cut off supply for about a quarter of Mexico City's 22 million inhabitants. The cut off started at midnight last Wednesday. While some service will resume Tuesday, authorities say full service won't be reestablished til Friday.


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