The top 5 overseas retirement destinations for Americans
The top overseas retirement destinations for Americans are Mexico, Canada, the United Kingdom, Puerto Rico, and Germany. In particular, International Land Alliance reports that the influx into Mexico has been driven by international buyers from California seeking affordable alternatives for their retirement. Top retirement destinations According to an article by Unbiased, Mexico tops the list […]
Retirement options available to Americans and Canadians: Mexico
Among the retirement options available to Americans and Canadians, Mexico stands out as an alternative to their own countries. According to the International Land Alliance, U.S. and Canadian retirees have flocked to Mexico for years as an alternative retirement destination abroad that is affordable, has a pleasant climate and is close to their home communities […]
Golf: rounds played grow worldwide
The game of golf remained in high demand in 2022, with the number of rounds played approximately 16% more than the number of rounds played in 2019. Furthermore, according to Acushnet Holdings Corp, rounds of golf played will foreseeably remain resilient in 2023, driven by golfer demographics, dedicated golfers and economic conditions. While rounds played […]
IEPS and ISR: tax incentives for investments in Mexico
In terms of IEPS and ISR, Mexico grants the following tax and non-tax incentives to investments, according to information from the WTO. IEPS and ISR Tax incentive to importers or alienators of turbosine consisting of an amount equivalent to 100% of the IEPS to be paid in the importation or alienation of turbosine, and will […]
Switzerland’s aging population: public policies
The government of Switzerland described the main actions it is taking to address the challenges posed by the aging population in that nation. At a meeting at the World Trade Organization (WTO), the Swiss government detailed the steps or measures it is evaluating to mitigate the impacts on productivity and the government’s fiscal balance associated […]
Pension for Older Adults: how much is its budget for 2023?
Mexico‘s federal government proposed a budget of 335,499.4 million pesos for the Pension for Older Adults to be exercised in 2023. According to its own words, the Mexican government’s strategy is aimed at achieving social justice and the comprehensive welfare of older adults at retirement age. Furthermore, he argued in the Draft Expenditure Budget 2023, […]
The assets of AFORES exceed 5.2 billion pesos
The assets managed by the Retirement Fund Administrators (AFORES) of Mexico amounted to 5 trillion 246,100 million pesos at the end of 2021. An AFORE is an institution that is in charge of carrying out the administration of funds for the retirement of workers. According to preliminary figures from the Mexican government, as of December […]
Life insurance declines in the United States
Individual life insurance sales in the United States fell from 12.9 million policies sold in 1975 to 9.8 million in 2020, the latest period for which data is available, according to LIMRA, a global association of insurance and financial services companies. For the Primerica company, many Americans have inadequate or no life insurance coverage. At […]
Procter & Gamble: 40% of its global employees are women
Procter & Gamble reported that 40% of its global employees are women, with data as of June 30, 2021. As of that same date, the company had approximately 101,000 employees, an increase of 2% compared to the previous year, mainly due to business growth. Total number of employees is an estimate of total company employees, […]
The best Afores in Mexico according to Morningstar
Morningstar evaluated the 10 Afores in Mexico for the fourth consecutive year and classified them on a qualitative scale of five levels with three positive classifications: Gold, Silver and Bronze, as well as Neutral and Negative classifications. First of all, the Mexican retirement savings system is designed to improve the economic condition of Mexican workers […]