Many second-home buyers and investors are flocking to Mexico and other areas of Central America to buy properties. With many baby boomers moving from colder clients, American are investing in droves.
I'd like to invest in Mexico or outside of the U.S. soon, so wanted to cover the recent article about doing business in Mexico. Investors and agents need to heed culture differences and pay attention to local customs.
From the article, here are six cultural tips for U.S. practitioners looking to establish relationships with Mexican real estate professionals or clients:
* Don't show up early. If you’re invited to a home for a social occasion, it’s customary to arrive 30 to 60 minutes after the scheduled time.
* Keep conversation light. Polite conversation starters include Mexican scenery and landmarks, the immediate surroundings, and sports. Avoid topics such as religion, politics, the Mexican-American War, and immigration.
* Avoid romantic misunderstandings. A female inviting a male client or associate to a business meal should also invite his wife to avoid any misunderstanding as to the purpose the meeting.
* Pay servers directly. When paying at a store or restaurant in Mexico, place the money or credit card directly in the hand of the clerk or server; it’s considered rude to leave it on the table or counter.
* Don't hide your hands. While dining, keep both hands visible, resting your wrists on the edge of the table.
* Know the meaning of colors. If making a gift of flowers, be careful which ones you choose. Yellow flowers signify death, while red flowers signify the casting of spells.
Read the full story at RealtorMag Online.
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