Yucatan Investment Guide

Yucatan Investment Background

Yucatan employes over 153,186 people in the manufacturing sector. The state is widely known for the tourism industry, textiles, agriculture and fisheries.

Investment Incentives in Yucatan

Type Incentive Description
Federal Reduction of payroll taxes
Federal Fiscal incentives for research and development
State Utility fee exemptions
State Free training for personnel
For more information on investment incentives view the Yucatan incentives tab

Yucatan Average Wage Information (2007)

Month Average Daily Wages in Yucatan (2007)
2007/01 153.3 pesos
2007/02 153.5 pesos
2007/03 152.5 pesos
2007/04 152.2 pesos
2007/05 153.2 pesos
2007/06 152.7 pesos
2007/07 155.2 pesos
2007/08 154.9 pesos
2007/09 153.2 pesos
2007/10 152.3 pesos
2007/11 152.2 pesos
2007/12 152.4 pesos

All wage information for Yucatan is taken from INEGI (Instituto Nacional de Estadistica)
Wages in Mexico are calculated on a daily basis, hourly wages can be calculated by dividing by 8
The minimum wage in Yucatan is 49 pesos per day

Cities and Related Investment Information -
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City Information
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  • Labor - The fully loaded average hourly rate for a new unskilled employee in USD
  • Population - data is taken from the 2005 census
  • Airport - If a comerical airport exists in the city
  • Toll Road - If there is toll road access to the city
  • Sea port - If there is a sea port with 50km of the city
  • Ind. Park - The number of industrial parks within the city
  • Contact - The website for the city's investment promotion agency
CityPopulationAirportToll RoadSea PortIndustrial Parks
Merida

Investment incentives for each state will be administered by the state's investment promotion agency. This is a government agency (or non profit organization) whose goal is to encourage investment in the region. At no cost, they will provide guidance on how best to approach setting up a maquiladora in the region including tours, site visits and of course any state related investment incentives.

Investment Promotion Agencies
AgencyShort DescriptionLink
BancomextThe Federal Investment Agency for MexicoView
Maquila Association
Association Short Description Link
There are currently no Maquila assocations for this region in the Understand Mexico database.

A maquila association is a city's local manufacturers association. They can be a good source of information on average wages, turnover rates or other positives or negatives of investing in the location.

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Shelter Companies -
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Shelter Companies
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A shelter company is a vehicle by which a foreign company can quickly setup operations in Mexico so long as those operations are for the purpose of export. A shelter service company will hire employees, do pass through invoicing, manage permitting and more on the foreign companies behalf. The foreign company then manages the operations side of the company. For this service, most shelter service companies charge a fee per direct labor hour

Shelter Short Description Link
There are currently no shelter companies for this state in the Understand Mexico database.
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Buildings for Lease/Sale
Building Short Description Link
There are currently no available buildings for this state in the Understand Mexico database.
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Real Estate Developers
Real EstateShort DescriptionLink
Yucatan Industrial ParksAbundant Skilled & Productive Labor ForceView
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Consultants
ConsultantsShort DescriptionLink
TriVista Business Group Inc.Project Planning & Manufacturing Relocation SpecialistsView
Consorcio AmbientalEnsuring Environmental Compliance to Industry in Baja CaliforniaView
Understand Mexico ConsultingPlanning, implementing and follow through on Maquila projectsView
North American Production SharingStart Up and Business Process Outsourcing (BPO) in MexicoView
Everest GroupTurnkey solutions for successful manufacturing in MexicoView
DinamekAutomotive Industry Consulting AgencyView
Integra Realty Resources de MéxicoProviding Valuation Services throughout México to Industrial, Commercial, Hospitalty, Tourism and Residential sectors.View
AGIM CorporationIndustrial Real Estate Brokerage & Consulting Firm providing Shelter & Relocation ServicesView
Mexico Consulting GroupOur partners have assisted U.S. business and manufacturing development in Mexico since 1968. View
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Law Firms
Shelter Short Description Link
There are currently no law firms for this state in the Understand Mexico database.
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Financial Services
Shelter Short Description Link
There are currently no financial services companies for this state in the Understand Mexico database.

This category includes NAFTA experienced shipping and customs companies to help with the import and export process necessary for manufacturing in Mexico. Our NAFTA guide may be a useful resource in helping to select a suitable logistics company.

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Shipping Companies
Frieght Short Description Link
There are currently no logistics companies for this state in the Understand Mexico database.
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Miscellaneous Service Companies
Real EstateShort DescriptionLink
SolutionsAbroad.comSolutions Abroad is a web site designed to help people moving to MexicoView