Business For Sale Mexico | Business For Sale Listings
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Get to Know About Mexico
Mexico is a nation in South America. It shares borders with three countries- the United States of America, Belize, and Guatemala. Additionally, there is the Pacific Ocean on its west. Mexico has a total land area of 1,972,550 square kilometers and has about 126.6 million residents.
Mexico is not a developed country already, but it is very close to gaining that status. Its nominal GDP of USD 1.15 trillion is the 15th largest in the world. Moreover, the country has the 11th biggest Purchasing Power Parity (USD 2.45 trillion). Mexico has been making advancements in all sectors, including manufacturing, agriculture, financial services, and tourism. Also, more infrastructures are being built, and the education, health, and ICT sectors all are improving day after day.
Doing business in Mexico is an excellent option for every investor who has a good plan and wants to gain access to a large market. As we discussed above, Mexico has seen growth in almost all the sectors, so you can grow in whatever industry you like. However, if you want to become specific, automobiles, aerospace, and medical device manufacturing are growing more than any other fields in the country.
Anyway, despite the ongoing development and the government introducing new incentives, Mexico still has its problems. Some include government corruption and the lack of transparency and time-consuming business processes such as company registration and paying taxes. Also, the crime rates (especially drug trafficking) are very high when compared to other countries.