You are on page 1of 2

Mexico Is #1 In the World For Foreign Investments It is estimated that nearly 2 million Americans now currently live full

time or part time in Mexico. Since 1994, foreign investment into Mexico has totaled more than $25 billion, earning it the top spot in the world.

Los Barriles, Baja, California Sur July 12, 2011 In today s uncertain economic ti is hard to find a safe place to put your money. Mexican ocean view property, in the path of growth, purchased at wholesale, is an excellent and secure investmen t, according to financial experts. It is estimated that nearly 2 million Americans now currently live full time or part time in Mexico. Since 1994, foreign investment into Mexico has totaled more than $25 billion, earning it the top spot in the world. One of the hot areas currently experiencing a surge in growth is Baja del Sur s East Cape. The East Cape, which primarily attracted windsurfers and fishermen, is no w evolving into a destination resort community for North American artists, retir ees, investors and families seeking a more relaxing pace of life. According to Moody s Latin America, Mexico is racing out of the recession; recording a 4.3 percent growth rate thus far in 2010 (faster than the U.S.) and a 10 perc ent trough-to-peak increase which bests almost every other economy worldwide. Mo ody's expects this growth to continue. Billions of dollars have poured into Mexico because of its stunning beaches, abu ndance of outdoor activities, relaxed and friendly culture and low cost of livin g. "I think that out-of-favor real estate in Mexico, that's easily accessible to Am ericans, represents a great buy," said CNBC "Mad Money" host Jim Cramer. "It's n ot such a bad idea to diversify away from stocks. Mexico properties have no prop erty taxes, are easy to maintain and there are property managers everywhere." The two major contributing factors to the boom happened in 1994, the year the US passed the North American Free Trade Agreement (NAFTA) and the same year the Me xican Government changed its constitutions to allow foreigners to buy land near the beaches and border. Los Barriles, a town of about 5,000 on the sought-after East Cape of Baja Califo rnia, sits directly in this path of growth and is poised for continued, sustaine d growth as it attracts investors.

Los Barriles is about 45 minutes away from the San Jose Del Cabo International A irport with many direct US flights; and just over an hour s drive from Cabo San Luca s one of the world s most famous tropical playgrounds. Developers of eco-friendly dev lopments such as Vista del Cortez in Los Barriles (www.bajadreamproperties.com) are offering owner financing to eager retirees and investors who expect to benef it from getting in on the ground floor as the area is experiencing an unparallel ed surge in development. "The Vista del Cortez property is amazing. The property is very affordable as fa r as the market is concerned," said Tom Klosterman, a Southern California busine ss owner looking to invest in property in Los Barriles. Many leading economists predict a further decline in the value of the dollar as the US government continues to print money and incur huge fiscal deficits. These economists insist buying tangible assets such as land is an excellent way to ta ke ownership of something tangible, and diversify away from paper assets whose v alue can vanish quickly and arbitrarily. Ocean view property, secured with US ti

tle insurance, is more likely to hold its value than the US dollar as the US gov ernment continues its deficit spending and reduced overseas demand for the dolla r make its future skeptical. To learn more about investing in ocean view property in Los Barriles, Baja Sur: http://www.bajadreamproperties.com Press Contact: Laura Hamburg Baja Dream Properties Los Barriles, Baja (707) 489-2792 jhamburg@bajalandbargains.com http://www.bajadreamproperties.com

You might also like