Productive Remittances

By: Mauricio Uro

$5 billion dollars are sent on average every month from the United States to Mexico, almost 60 billion a year, this is 60% greater than all foreign direct investment made in 2022.

According to data from EMIF Norte, only 1.1% of that money is used to invest: buy land for cultivation or start a business.

Now, of those investments made, 95% fail, because having money to start a business does not provide the person who starts the venture with the necessary tools or knowledge to operate it correctly.

One of the biggest opportunities wasted by our countrymen is not taking advantage of exchange parity, even with the super peso as it is, the dollar continues to have a much greater purchase range in Mexico.

75 thousand dollars in the United States, for example, is not enough for you in terms of business, but in Mexico, it could buy you an apartment in a tourist area that you could rent on one of the platforms that exist, and you could earn up to 3 times more than the average that is sent in remittances per month.

The opportunities that the United States offers you in youth to earn and accumulate money, complicates it in your old age, with the absurd expenses in its health system and the increasing cost of living when you stop producing, therefore, 1.6 million Americans have migrated to Mexico with a growth rate of over 70% in recent years, and another million crosses to receive medical services.

Participating in productive remittance programs that allow you to obtain returns for your family members or for your retirement, by investing in professionally operated companies, is one of the financial strategies with the greatest opportunity in recent years.

If you want to know more about productive remittance programs, contact us at: info@investal.financial