Housing in Mexico rose 9.7% in the first quarter compared to the same period last year, according to Marisol Becerra, Regional Partner Mexico-Centro of the real estate consultancy 4S Real State. The director pointed out that the cost of housing in the country averages a total of 1.7 million pesos (mdp) due to the increase […]
I had my $80,000 dream wedding in Mexico – including $3,000 on fireworks
Misaki Hajimirsadeghi and her husband Amir, both 29, spent their life savings to have the perfect destination wedding at the Nobu Hotel, Los Cabos, Mexico. The couple saved up $100,000 for the big day, which was attended by 75 guests who stayed at the hotel. The total cost of the wedding came out to be […]
Population in working poverty cannot afford even half of a basic basket: BBVA
Most of the population living in working poverty cannot afford to buy half of the basic food basket, as their income can only cover a little more than 40 percent of it, according to an analysis by BBVA on Tuesday. “On average, and at the end of the first quarter of this year, the population […]
12 localities in Mexico named Magical Neighborhoods
The Ministry of Tourism (Sectur) awarded the Magical Neighborhood distinction to 12 localities in the country. These are La Estación, in Aguascalientes; the Historic Center of San José del Cabo, in Baja California Sur; Ojo de Agua, in Coahuila; Colima Capital, in Colima; Tenayuca-Santa Cecilia, in the State of Mexico, and Tetelcingo, in Morelos. Bellavista, […]
More than 56% of Mexicans belong to the lower class and these are their salaries, according to INEGI
Although during this six-year period there has been a reduction in poverty and an increase in the minimum wage, in Mexico there is still a huge gap between the different social classes and the majority of the population is part of the so-called lower class, where those who earn the least amount of income are […]
How We Pulled It Off: A Vibrant Ranch Wedding in San Miguel de Allende, Mexico
Miami-based couple Carlos Adyan and Carlos Quintanilla lead busy professional lives. Adyan hosts the NBCUniversal Telemundo show “En Casa Con Telemundo” and co-owns the restaurant A Fuego Lento, while Quintanilla serves as the vice president of original content for Sony Pictures Television. With their high-profile jobs and a combined Instagram following of nearly 700,000, the […]
Living Part-Time in Mexico: Practical Considerations
For years, a contingent of foreign residents has embraced part-time living in Mexico, typically between late fall and early spring of the following year. These seasonal visits serve various purposes. Some escape cold winters in their home countries, while others return during Mexico’s sultry summer months to avoid humidity prevalent at beach locations from May […]
Is it enough? This is the average monthly income needed by Mexicans according to Inegi
Is it enough? This is the average monthly income needed by Mexicans according to Inegi The National Institute of Statistics and Geography and Informatics (Inegi) announced the average salary that the population considers necessary to be able to live in each state of the country. In addition to releasing other indicators such as the level […]
Marvel at the photo of the day that shows a part of Mexico
The INAH is in charge of selecting an image every day that portrays the greatness and cultural wealth of the country Photography is a powerful tool for exploring the world around us. By capturing architectural structures, animals, landscapes, or people, we can appreciate the beauty and aesthetic sense in a moment frozen in time. Even […]
Peso suffers its worst loss against the dollar since March 2020
The elections held in Mexico on Sunday, June 2, 2024 generated, as always happens during election time, nervousness in the markets. The Mexican peso depreciated 4.27 percent against Friday’s reference price, trading at 17.71 units per US dollar at the close of markets on Monday, June 3, 2024. The national currency recorded its worst session […]