Published On: Fri, Nov 4th, 2016

An Extraordinary Year for Mexico (from an Expat point of view)

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Babs lives in San Miguel de Allende, Mexico, she is an intrepid traveler who loves living in the “Moment”. 

On October 30, Babs posted this article on her blog babsofsanmiguel.blogspot, check it out :

Every day it seems like there is more information about additional foreign investment in Mexico.

Much of it is from Europe!  The Italians and Germans are moving in en masse with factories, businesses and money. Many others as well.

The Asian population is concentrating in Leon which is the shoe manufacturing and leather processing capital of Mexico.  Leon is a little over an hour from San Miguel and has an international airport in Silao.


Many people who have in the past gone to the USA to make a living are returning with their families to
have “the good life” back home.  It is very uplifting to see.

San Miguel, Queretaro, Silao, Salamanca and many other cities have benefited from this in the past and will in the future.

The old ways are meshing with the new.  Real estate sales in San Miguel are very busy with not only people from the USA moving down to SMA, but also Europeans and Mexican nationals from other parts of the country.

Not long ago, I wrote about some of the changes to traditional celebrations.  As one can see from the list that I’m going to provide below, change is inevitable.  It, of course, under some circumstances, is a good thing.

Citibank is investing $1 Billion dollars in Mexico.  That is in addition to the $1.5 billion already invested in 2014!

After this investment through Banamex it will be the second largest bank in Mexico with the name
of Citibanamex.  Say that three times fast.

Click here for full article


My photo

Babs is an intrepid traveler who loves living in the “Moment”. I’ve retired to Mexico to experience the unexpected, the tranquility and the color of this surreal country. “Life is either a daring adventure or nothing”. – Helen Keller



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