Data from the National Association of Realtors (NAR) of the United States indicate that, from 2020 to 2021, Mexicans were one of the five nationalities that purchased the most properties in the United States, representing 5% of all foreign buyers.
The brightness of the Lone Star
Texas is an investor magnet. This is the state where the majority of real estate acquisitions made by Mexicans are concentrated due, among other things, to its proximity to our country; You can get there in 5 hours by car, starting from Monterrey, while a flight from Mexico City takes an average of two and a half hours.
Historically, this state has stood out for its buoyant economy thanks to the extensive presence of industries. Decade after decade, important companies have settled in this territory, causing the arrival of a large amount of labor.
The constant creation of jobs, in important corporations, maintains a constant exodus of workers and, with it, a permanent demand for housing, which is why its real estate market is one of the most attractive.
How to invest in Texas?
Although the Lone Star State is a top investment destination, it requires a partner who is knowledgeable about the local real estate market, as well as US and Texas law.
It should be considered that there are entities that regulate the market such as the Texas Real Estate Commission (TREC), which regulates Real Estate brokers and sales agents; as well as inspectors and companies dedicated to providing warranty, leasing or timeshare services.
