Mexican investment in the U.S. grew 11 percent in 2012, reaching $27.9 billion, the U.S. Embassy in Mexico City. The U.S. issued almost 4,000 investor visas to Mexicans in 2012, with only Japan and Germany exceeding that amount. Mexico and the U.S. have always had strong economic ties, though investment has traditionally flowed North to South, with U.S. companies outsourcing manufacturing operations to Mexico. In a balancing of the scales, Mexican businesses are now expanding north. The U.S. Embassy says that the U.S. is an attractive location for Mexican businesses and private investors.
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Wednesday, June 19, 2013
Wealthy Mexicans' Investment In The United States Increased in 2012
Mexican investment in the U.S. grew 11 percent in 2012, reaching $27.9 billion, the U.S. Embassy in Mexico City. The U.S. issued almost 4,000 investor visas to Mexicans in 2012, with only Japan and Germany exceeding that amount. Mexico and the U.S. have always had strong economic ties, though investment has traditionally flowed North to South, with U.S. companies outsourcing manufacturing operations to Mexico. In a balancing of the scales, Mexican businesses are now expanding north. The U.S. Embassy says that the U.S. is an attractive location for Mexican businesses and private investors.
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