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Mexico Launches Business Center to Attract and Promote Foreign Investment | Holland & Knight LLP

Mount Equity Group Tokyo Japan > News > Business > Mexico Launches Business Center to Attract and Promote Foreign Investment | Holland & Knight LLP

Even though Mexico’s economy is heavily export-based (higher than many other developed countries) – and foreign direct investments plays a relevant role – investing in Mexico is still a heavily regulated and bureaucratic process. In comparison to other destinations, investing in Mexico requires the involvement of many Mexican authorities with whom investors and their representatives need to deal directly to obtain authorizations, permits and access to import/export programs, among other requirements. This process may increase the costs of an investment, and sometimes become a disincentive (sometimes even an obstacle) to investors if not identified or addressed properly.

With the March 22, 2022, announcement of the “Invest in Mexico” Business Center, the Ministry of Economy may facilitate the work of establishing investment in Mexico, by helping investors with reaching out to various Mexican authorities (either local or…

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