| Quick summary |
|
|
|
|
| Preferred city for incorporation of the company? |
Mexico City |
Toluca de Lerdo |
Monterrey |
Guadalajara |
| Proximity to US border (km)? |
1,050 |
1,029 |
171 |
960 |
| Most popular business sector? |
Financial |
Automotive |
Manufacturing |
Electronics |
| Specific attractive Government incentives available? |
Yes |
Yes |
Yes |
Yes |
| Monthly warehouse rental (US$ per sq m)? |
15 |
10 |
12 |
5 |
| Average skilled labour monthly salary (US$ per month)? |
2,000 |
1,300 |
2,700 |
1,500 |
| Average unskilled monthly salary (US$ per month)? |
900 |
800 |
800 |
700 |
| English spoken by what % of population? |
76 |
49 |
63 |
64 |
| Literacy rate? (% of population) |
98.8 |
98.6 |
98.7 |
97.6 |
| Proximity of sea port to the main city (in km)? |
379 |
388 |
391 |
333 |
| Proximity of airport to the main city (in km)? |
11 |
18 |
30 |
19 |
| Local Municipality licensing body location? |
CDMX |
MT |
MDM |
PGG |
| Logistical considerations |
|
|
|
|
| Attractive Region for manufacturing business? |
No |
Yes |
Yes |
Yes |
| Number of free zones in this region? |
15 |
31 |
25 |
35 |
| Attractive region for tourism business? |
No |
No |
No |
No |
| Attractive region for foreign manufacturing investment? |
No |
No |
No |
No |
| Quality of infrastructure? |
Moderate |
Moderate |
Moderate |
Moderate |
| Attractive Region for an export-oriented business? |
Yes |
No |
Yes |
Yes |
| CBD monthly office rental (US$ per sq m)? |
32 |
26 |
29 |
21 |
| Average electricity prices? (per Kwh) |
57 |
53 |
50 |
55 |
| City airport with flights to USA, Europe and Asia? |
Yes |
No |
Yes |
Yes |
| Proximity of rail in kilometres to the Capital? |
0 |
67 |
908 |
845 |
| Internet broadband download speed (in Mbps)? |
12.96 |
12 |
12.08 |
13.13 |
| Total population? (in million) |
16 |
8.9 |
0.99 |
0.85 |
| Business output market size? (in MXM billion) |
2.3 |
1.2 |
0.99 |
0.85 |
| Market size relative to the economy in %? |
17 |
9 |
7 |
6 |
| Corporate Banking and Finance considerations |
|
|
|
|
| Is the main city an industrial hub? |
Yes |
Yes |
Yes |
Yes |
| Is the main city an education industry hub? |
Yes |
Yes |
Yes |
Yes |
| How many global banks are based in the region? |
10 |
6 |
10 |
5 |
| How many Mexican banks with local branches? |
22 |
22 |
22 |
22 |
| Recommended Bank for corporate banking? |
Santander |
Scotia bank |
Banorte |
BBVA |
| Client must travel for account opening? |
No |
No |
No |
No |
| Quality of bank customer services? |
Moderate |
Moderate |
Moderate |
Moderate |
| Quality of online banking services? |
Moderate |
Moderate |
Moderate |
Moderate |
| English e-banking platform available? |
Yes |
Yes |
Yes |
Yes |
| Does the Region have a reputable financial district? |
Yes |
No |
Yes |
Yes |
| Does the Region have a local Stock Exchange? |
Yes |
No |
Yes |
Yes |
| Are there Private Equity Funds/VCs in the Region? |
Yes |
No |
Yes |
Yes |
| Expatriate employment considerations |
|
|
|
|
| Average skilled labour monthly salary? |
2,000 |
1,300 |
2,700 |
1,500 |
| Average unskilled labour monthly salary? |
900 |
800 |
800 |
700 |
| Is there a large expatriate community in the main city? |
Yes |
No |
Yes |
Yes |
| What is the crime rate? (homicides in January 2017) |
97 |
165 |
44 |
101 |
| International schools for children of expats? |
Yes |
Yes |
Yes |
Yes |
| Mercer Survey Ranking for global cities, 2017? |
128 |
N/A |
110 |
N/A |
| Is the main city of the Region safe for expatriates? |
No |
No |
Yes |
Yes |
| Is the main city of the region polluted? |
Yes |
Yes |
No |
No |
| How many general hospitals in this region? |
66 |
10 |
7 |
14 |
| Accounting and tax considerations |
|
|
|
|
| Monthly tax filing required? |
Yes |
Yes |
Yes |
Yes |
| Business incentives offered by the national government? |
Yes |
Yes |
Yes |
Yes |
