OUR BUSINESS Bermudez International USA Bermudez International MX |
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| The process of finding a site to manufacture, or warehouse and distribute in Mexico... anywhere in Mexico. |
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| Tie up capital in land purchase, or lease? Build to suit, or find an existing facility? SITE SELECTION SERVICES: Tell us what you need and where you need it (or we can outline and talk you through the process) and we can inventory what's available and present the pros and cons of all existing buildings/properties that fit your needs. This service is not just about property, it's also about adequate workforce, infrastructure, avenues of transportation, and more. This service starts with a phone call. THERE ARE MULTIPLE ISSUES that have to be considered when purchasing property in Mexico, including a clear title to the property, usage and permits, documentation of infrastructure availability, title insurance, and such. CHANGES IN MEXICAN PROPERTY LAW in 1993 and 1998 made it possible for foreign ownership of land in Mexico within 100 km of the border, and 50 km of the coastline as long as the land is purchased by a Mexican company (established as a subsidiary of your firm). AS LONG AS THE LAND IS USED FOR INDUSTRIAL/COMMERCIAL OR LEISURE PURPOSES, you are free to purchase or lease land anywhere in the Republic of Mexico. AS IN THE US, THE COST* OF REAL ESTATE WILL VARY in different parts of the country largely depending upon access to major markets (the US), efficient avenues of transportation and the effectiveness of infrastructure (paved roads, electricity, water, telecommunications) and the availability and quality of a work force. Land will also cost more in highly developed communities with modern health care facilities and extensive educational opportunities. IN THE NORTHERN BORDER REGIONS CLOSEST TO THE US the price for industrially zoned developed land varies from $1.60 per square foot (Matamoros) to $4.50 (Tijuana). Mexicali, $2.35 sq. ft. IN NORTH CENTRAL MEXICO THE RANGE IS $1 (Durango) to $5 (Monterrey). Hermosillo, $1.50 sq. ft. IN SOUTH CENTRAL MEXICO the most expensive land in the country is around Mexico City ($8-18 per sq. ft.) and the least (about $1.85 sq. ft.) in the Guanajuato area. Guadalajara, $7 sq. ft. * SOURCE: Mexico Now |
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