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Great video guys. Yes, I had researched some Mexico economy recently and learned that there is so much red tape, expense and bureaucracy in getting your biz set up legally. It needs to be fixed. If 64 % or more of people can’t pay taxes then, there is not a lot of tax dollars to fix some of the infrastructure issues that are preventing more economic growth for Mexico. Yes many United States corporations have moved plants and that sort of thing here to Mexico but other countries have not because of the electric and other infrastructure issues. On that note Mexico will not be able to meet its full potential quite yet.
When y’all said you were in the country, I wasn’t expecting that swank Airbnb! Mexico is a beautiful amazing country, and I pray ALL of the citizens reap some of the rewards of the super peso! 🙏🏾
Also, I was watching another RU-vidr in Mexico who talked about people running their businesses from their home and he said the government doesn't really stop anyone from doing that. Unlike the US, if someone sets up a lemonade stand or tries to feed the homeless, they have to have some permit or license. I remember seeing a video longtime ago on a boy being arrested for selling something ( I can't remember what, but it wasn't anything like drugs or illegal, just something minor).
Listen, I agree, a boy selling lemonade in the street should not be bothered by the government, however... in most of my country as soon as you open for business organized crime comes at you and demands its cut or keeps your whole enterprise or you and your family may be erased (and they are neither asking nor joking), then you will wish the government was your only concern. It does not matter if you are an MD or a baker, you are operating in THEIR territory, so you must pay. Just like the legal taxes only no paperwork and sometimes more violent. It is a real problem, they let the cartels operate freely and do business like it was nothing. Laws do not apply since there is no will nor incentive to enforce the rule of law. Yes you can move and operate outside of the law, a lot, but the very factor that enables this is the lack of the rule of law, and the natural result of it is chaos, and here we are. While the federal administration keeps allowing all these things to happen and the head of state yells from the top of his lungs that the law is just an excuse of the oligarchs (yes, he did say so and also his prime directive to the army and police is "abrazos no balazos" = "hugs, not shots") we live in a society that is worse every single day, our financial and national security policies are a joke, we have 4 million "new poors" and there has been more than 300 thousand killings and countless "disappeared" people, they disappear because they got good at getting rid of dead bodies. No body no crime, right? Google "madres buscadoras" (searching mothers). I love my country but those are facts.
@@pepesmagazinete quejas echándole la culpa al gobierno, pero la realidad es culpa de cada uno de nosotros, porque cada quien es responsable de sus malos actos y nosotros alimentamos a los demás con malos comentarios, malos ejemplos a los niños y los demas y los que tienen hijos que eduquen bien a sus hijos para que no salgan como como los que mencionas . El gobierno no te va cuidar que no hagas cosas malas ni tampoco va a educar a tus hijos ,además recuerda que ha habido gente que el ejército o la marina se ha enfrentado con estos delincuentes y los medios de comunicación en general que están con estas lacras, dicen que son sibiles inocentes cuando inocentes no son porque estas lacras traen armas y allí dicen que el presidente es represor ,porque la verdad a ustedes nunca el presidente los complace ,parecen mujeres despechadas que nunca las complacen ,que si lo hace esta mal y que no lo hace también esta mal ,ademas el los jueces que estan con el viejo rejimen liberan a estos delincuentes y asi no tiene caso que el ejercito los agarre por que estos jueses corruptos losvliveran a estos delincuentes. lo que necesitan ustedes es ir con un especialista porque son el cáncer del país que no trabajan y ni dejan trabajar ,lo mejor será que te portes bien y eduques a tus hijos si haces esto así cambiaría el país,porque los malandros ya están torcidos ,pero los niños hay que enderezar los y así te dejas de quejar ,pon tu granito de arena y no importa que los demás no lo hagan ,pero empieza por ti y deja de quejarte ,porque violencia hay en todo mundo incluyendo en EU que a cada rato hay balaceras en escuelas ,tiendas y en las calles y te puedo decir que hay muchas ciudades más peligrosas en EU que en México, que no puedes salir a la calle porque te asaltan o te hacen daño y eso lo digo porque yo lo he vivido y visto y nadie me engaña
@@pepesmagazineCREÓ QUE NO SABES QUE EN MÉXICO EXISTE SEPARACIÓN DE PODERES. INVESTIGA QUE HA HECHO EL PODER JUDICIAL .ABRAZOS NO BALAZOS NO SIGNIFICA QUEDARSE CRUZADOS DE BRAZOS.EL GOBIERNO COMBATE LA DELINCUENCIA INFORMATE
Went to a small town in Oaxaca and bought two kilos of tomatoes for 15 pesos. That would have been $4 in California. Also, we stopped saying everything was cheap when a local made it seem spending a 100 pesos was a lot of money for him.
Have you ever heard about ECONOMIC WAR? It is happening in Mexico. It is SILENT, thus we have to give full support to the mexican government for our own sake.
Great video. But my take on this is that as the peso continues to rise, and if it becomes US$1 to 1peso, that's good for the Mexican people because they wouldn't have to be in the US trying to send home money to their family. They would also have the same opportunities like the US citizens to travel and people from the US looking for opportunities abroad could actually work in Mexico because the peso has value.
USD and MXN being equal is possible.. one of the problems would be .. as wages rise major companies would be less attracted and if the MXN rises too quickly the costs of Mexican goods would bee too much for the world economy. I do think there are some scenarios that could make that happen. .. all involving BRICS except I don't know if China would be on board.
We are currently in Mexico. We had to make some last minute changes to our itinerary, so we are spending a week in Tlaxcala Centro, Tlaxcala. If you ever get the chance to come here, please do. You will not regret it. It’s beautiful and peaceful here. Tlaxcala is the smallest state in Mexico and Tlaxcala is also the capital city of the state. In the 2010 census it was reported that less than 50,000 live in the capital. I was told that Mexicans say Tlaxcala is a myth and they don’t exist. 😂🤣. Tlaxcala has adopted that into their slogan by saying, yes, it does exist. Truly beautiful place and one of the safest in Mexico. Great video! I’m impressed with how creative the Mexican people are to survive on an average salary of $800+ a month.
Eat where you see....mature women and children eat. Eat at the times you see high turnover. Follow your instincts. Don't be the first or the last. Follow the crowds.
Vienvenidos amigos a nuestro pais mexico todos siempre serán Vienvenidos todos los que quieran vivir en mexico mexico tiene muchos lugares para visitar mexico tiene mucho que ofrecer...Vienvenidos todos los quieran vivir aquí...los saludos...desde la ciudad de México... welcome..to mexico..👍👍
Lol, when I say taxed I was talking about having to pay more than usual (tax...a strain or heavy demand) in the US and in Mexico. Using the literal original definition....not the government's.
El Super peso beneficia al economía bruta del país sin embargo México sigue siendo económicamente atractivo para vivir para manufacturar y tener una gran calidad de vida independientemente del Super pesos
@@TheYarbros totalmente de acuerdo contigo , imagino ustedes son estadounidenses lo cual es maravilloso y en Mexico son bienvenidos, Mexico de igual forma es tierra de oportunidad y de buena calidad de vida . Insisto que si se tiene la idea equivocada de vivir con un dólar al día en mexico , evidentemente Mexico no es el país indicado . Saludos
Mexico is more expensive for Americans know, the super peso is taxing Americans, I’m buying property in Mexico and I had to send more dollars for same amount of pesos, when the resorts are at full occupancy and the cities are full of gringos buying properties Mexico is making it more expensive for foreigners to live in it, rightfully so.
Hello, The Yarbros! if I am referring to a hypothetical scenario where Mexico were to have a strong and stable currency commonly referred to as a "super peso," the country could benefit from increased purchasing power, reduced import costs, and enhanced investor confidence. A strong currency can lead to lower inflation, making imports cheaper and potentially attracting foreign investment. This could contribute to economic growth and stability. I can not provide additional context if you're referring to a specific development or concept that has emerged after my knowledge cutoff date. Thanks, The Yarbros!
That is a great scenario but currently the super peso is propped up by high interest rates and inflation whish is hurting the common Mexicano. I do believe that there is a situation where Mexico's currency can separate itself from the USD and still accomplish everything that you are speaking of....
Their shadow economy reminds me of how Nawlins Used to be before Katrina! I hope they can keep theirs! Me, I’m just trying to find an inexpensive home base that I can travel from and of course the more Senior perks the better. Ecuador is scaring me…..
The dollar will comeback and it is still significanyly cheaper than the US. But yes if you were moving strictly for the financial benifit you should think twice.
There are lots of great reasons to move to Mexico besides financial. The culture and the people here are so wonderful. Even the poorest people walk around with smiles on their faces here instead of fighting with one another.
My USD lost 25% from 1yr ago. (21mxn/2022, 16.5mxn/2023) I don’t spend much money in Tijuana anymore, I spend in San Diego, until the peso corrects lol
@@absolutium well, I think a lot of us on the border are hoping it over correct stand lol. It’s already gonna tell most 18… But I’m hoping it goes back up and to the early 20s again, that would help me out a lot. It’s a lot easier to travel in a country where your dollar gas far lol
@@absolutium a better exchange rate in regard to the dollar won’t make Mexican people be poor… Believe me, one year ago, the peso was at 21 per dollar, they had more money than I do today… Their domestic inflation is the only thing that affects them, the exchange rate doesn’t. Only if you work on the US side of the border… When that happens, the dollar doesn’t go as far in Mexico actually gets poorer because people spend less. 10-20% of Mexicans along the border earn in dollars/spend in dollars. Remittances are sent in dollars, etc. It is what it is, but I’m curious why the unnaturally strong peso…and when it will end lol
With their healthy demographics (a lot of young workers), affordable wages (relative to China and USA) and skill set, Mexico is going to be just fine, but they may make things more expensive as they rise.
And you guys are in southern Mexico I would imagine. Here on the border the prices are super expensive & the dollar lost 25% of its value against the peso, in the last year. But Mexicans on the border are winning when they spend in the US.
That's one of the BRICS logos that the trade group is playing with. Mexico has an invitation to join this month which would mean very big changes in the future.
Was Brasil Rusia India China Sudáfrica: BRICS neweconomy block on the rise . Using their own currency meaning No more Dollars in their economy trade 🇲🇽🇲🇽🇲🇽
SPEAK THE REAL GOOD THINGS TOO LIKE WE DONT HAVE NO IRS COMING AFTER YOU FOR SELLING TAKOS AT A NICE TACO STAND.. AND THEY THONT COME AY YOU TRYING TO TAKE YOUR HOUSE OR LAND THAT YOU LEAGALLY BUY,.. ONES YOU OUWN IT ITS YOURS AND THATS BEAUTIFUL,. HEAR IN TEXAS I HAVE A HOUSE IN AN ACRE AND PAYED FOR BUT I HAVE TO PAY 3,200 DOLLARS EVERY YEAR... SO I FEEL LIKE ITS NEVER MINE..
Mexico has a true free market. I don't think it's good or bad just highly unregulated. I love for most families in Mexico all they need is a good idea and some money 6o get started.
I love Mexico - spent 3 months in Mexico during the spring. I was blown over at how much everything costs. I recently applied for my temporary residency - and it's iffy at best if I get it. The requirements ($$) has sky-rocked!! It's not attainable anymore for the average US citizen. If this keeps up - Mexico's divide between the "haves and have nots" will be huge. I don't understand the "Super Peso" - and I'm not sure how it's either good or bad for the locals. But it appears to be bad for everyone involved.
Top Quality report Bro ! Ok We may say México will be winning the firsts rounds of the battle with near shoring & better managed public resourses enhancing the inner market. Very well up to that point. But fron 8 , to 10 years from now or something another phase after near shoring will be coming . . . That will be just shoring If México doesn´t use really properlly & wiselly this window of time . . then It will have to fall hardlly! Thanks so much. Abrazo amigo.
Mexico's shadow economy is an example of free market capitalism which benefits the consumer due to competition and better prices. However, Mexico's big industries like oil and gas are monopolistic and are controlled by the elite .For example the teacher's union outside of Pemex has to be the most corrupt example. Inflation is a hidden consumer tax. Although the peso may have gained some ground, gains are eroded due to inflation. When wages are rising at a faster pace then prices, that is a sign of booming economy. When wages increase peoples standard of living increase that does not seem to be the case currently. The government uses tricks to manipulate the masses to believe that the economy is strong. Sure the currency is stable for now but keep in mind the U.S is Mexico's largest trading partner. When demand goes down in the U.S Mexico will suffer greatly in the long run. The peso is still tied to the U.S dollar so goes the dollar so goes the peso. In a economic SHTF scenario, people will flee the peso in to the safety of the U.S dollar. When that happens the Dollar will increase rapidly against the Peso and the Mexican central bank will have to cut rates and print money to keep up. Lets hope that doesn't happen, but all signs indicate the U.S will have to print money to eternity. For expats such as yourselves, you will be just fine in fact you may benefit in the long run by holding U.S dollars. You guys are living the dream. You found a slice of paradise. I'm sure it took lots of work to get to the point financially where your at. You guys made a great move. Cashed out early to really live and enjoy life. Best of luck and blessings to you guys.
IF YOU WANT TO INVEST IN A NICE BIG RANCH,, COME TO MEXICO 🇲🇽 YOU DONT HAVE TO PAY TAXES EVERY YEAR LIKE IN THE USA 🇺🇸,, YOU DONT JAVE BE WORIED ABOUT THE IRS COMING AFTER YOU,...
I used to buy 1 litter of milk for 1 dolar (it was 20 pesos), but now I need 30 pesos to buy the same litter of milk, even with the "super peso" (today 1 USD = 17 MXN) I need way more than 1 dolar, almost 2. Makes sense? "Super peso" is a mirage when it comes to people's everyday life. Cost of living has gone crazy expensive.
Cost of living increased everywhere.. The difference relies on products from abroad for instance you can buy a nice PC for 15000 pesos ..exactly as you could back in 2013. Couple years ago that was not posible.. the same goes for other electronics.. tools ..office equipment.. It is less expensive to be productive.
Everyone pays taxes when they buy the basic products, the shadow market is the rich ones who still wont pay for taxez, who would help more.. the informal paying taxes or the millionair paying taxes?. That's a neoliberalisti belifs that the informal market are not paying taxes is the problem... remesas are an inportant factor for super peso.
No thank you because there's no oversight and following any type of regulations or quality standards That means uniform standards at these restaurants where food is being prepared. How is product being stored? Is it being stored at proper temperatures? Is it in sanitary conditions? I just couldn't do it?Remittances are crucial for Mexico, representing 4% of GDP and being the second-largest source of foreign exchange. Mexico's gross national product (GNP) was $1,327.01 billion in 2022, which was a 9.22% increase from 2021. So almost half of its GNP growth comes from remittances from the USA. So no Mexico still has a ways to go..Btw the growth in the Factory sector is coming because of cheap labor and land prices. You know companies in America wanted to save a penny and move their jobs there.
Si la perspectiva de los gringos o extranjeros que desean vivir en México solamente gastando un dólar al día pues creo que en México no su país indicado en ese caso pueden irse a Omar o a James o a países de África ahí podrían vivir con un dólar diario saludos
Actually many African countries are much more expensive than Mexico....but Colombia, Peru, Ecuador, Thailand, Turkey, Kuala Lumpur are just a few less expensive countries to consider with similar or higher qualities of life.
Dollar vs peso today 11/10/23 1 usd=17.80 peso. Just wait till the U.S pulls the automotive industry out of mexico, and gives all to Canada 😅 mexico will be screwed!
Kinda weird to be excited about a theoretical downturn. Mexico is thriving and will continue to. It's done a great job hedging itself. Peace and prosperity to all Americans.
Well there's always options buy it from local farmers market its cheaper than buy in Walmart or gringos companies but still cheaper than USA trust me in the usa is getting worse gasoline, rent, food etc😢😢
