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Hacienda Alemana (Basilio Badillo 378)
The German restaurant in town, and an ‘old’ favourite of ours (first dined at its former location – celebrated my 65′th there), especially on “buffet nights” (Wednesdays and Saturdays during the high season). It’s a lovely courtyard restaurant, with trees, flowers, and decorated in soft colours. Very pretty after dark, with all the candle-lighted tables, stars in the sky, and all. We (with friends) went to the restaurant to have the ‘summer dinner special’ (189p) – a three course meal, with choices from three different appetizers, entrees, and desserts – and we were sure glad we did, it was a great meal, and dining experience. Had: beer (on-tap, all-you-want!!), w/chips and salsas, shrimp and meat salads – beautiful to look at, and so tasty/good!!, ham hocks – several hocks, served in a very large dish/bowl, cooked to perfection, with tasty sauce and veggies, breaded fish & shrimp – lightly-battered and cooked, fish fillets and several shrimp, with rice and veggies, chocolate mousse for dessert – yum, to die for!! A wonderful meal, the food well-prepared and presented, and service to our table to match. We very much-enjoyed our evening at Hacienda Alemana.
There’s been a lot of news coverage about violence in Mexico, very little of it bothering to note that Mexico is a huge country with thirty-some states and that a) almost all of that violence is narco-related and b) you can count the number of tourists affected on one hand.
Meanwhile, according to the FBI, “An estimated 15,241 persons were murdered nationwide in 2009″ in the United States of America.
Officially, 111 U.S. citizens were killed in Mexico last year, a third in just two cities. Almost all of them were involved in illicit vocations, usually the trafficking of guns, drugs, or people across the border. This is 111 out of close to 8 million visitors, with nearly 1 million of those being part- or full-time residents choosing Mexico over the U.S. or Canada. (more…)
Calgarian living like a local during six-month hiatus in Mexico
WANDA ST. HILAIRE
FOR THE CALGARY HERALD
When you think of Puerto Vallarta, an image of all-inclusive resorts and typical tourist attractions may spring to mind. Because of time constraints, many vacationers to Vallarta unfortunately miss the rich food, art and culture scene that bubbles beneath the facade. The city is a magnet for talented artists, chefs, writers, musicians and instructors.
I am in PV for a six-month solo writing sojourn and love the blend of metropolitan life with small-town heart.
For those who prefer a homey holiday, cooking here is a pleasure with the neighbourhood markets’ availability of freshly picked produce, herbs, cheese, fish, seafood and meat. On Saturdays, the Old Town Farmer’s Market is filled with gourmet goodies made by vendors from around the globe.
On Sundays, a similar market is held in La Cruz de Huanacaxtle, a beautiful town an hour north of Vallarta. The friendly ambience and live music are reason enough to go.
A video from our Puerto Vallarta restaurant’s buffet night. Come check it out for yourself on any given Wednesday. All you can drink and eat for $180 Pesos.
By Jayne Clark, USA TODAY
Despite tales of drug violence, visitation to Mexico was up almost 19% over last year, as of September. And with 22.6 million tourists expected by year’s end, numbers will about equal the record-breaking totals in 2008. About 80% of visitors are North American.
In fact, slightly more foreigners are vacationing in Mexico now than before the drug wars, which have killed about 30,000 (mostly drug traffickers) in the past four years, The Economist reported in November. Mexico now ranks No. 10 in international arrivals worldwide.
I’m just back from San Miguel de Allende, a gorgeous colonial city in central Mexico (read about it Friday at usatoday.com/travel), where, not surprisingly, more than one conversation during my visit turned toward security concerns.
But not the sort of concerns you might think. The Americans I spoke with there were worried about the bum rap they believe the entire country is getting due to drug violence that , for the most part, is concentrated hundreds of miles away near the U.S. border. (more…)
Our new pool is ready, take a look at some pictures:
More international travelers are visiting beach resort towns that have not experienced much of the country’s drug-related violence, officials say.
In a surprising turnabout, international tourism to Mexico showed a sharp increase this summer — a sign that tourists may be putting aside worries about the economy and fears of drug-related violence, analysts say.
Foreign visitors arriving by air to Mexico jumped to 7.1 million in the first eight months of the year — up nearly 20% from the same period in 2009 — with most visitors coming from the U.S. and Canada, according to Mexican tourism officials.
The biggest rise came in July, when tourist numbers grew 27.5% over the same month last year.
The increase came in spite of a rash of drug-related violence and kidnappings, primarily along the border, and the August bankruptcy of Mexicana Airlines, the nation’s largest air carrier.
The growth in tourism has been focused primarily in Mexican beach resort towns that have not experienced much of the violence.
In the first eight months of 2010, 7.1 million foreign travelers flew to Mexico, up 19.2% from the same period last year. Of those visitors, 4.33 million were from the U.S., 1.3 million from Canada and 200,513 from Spain, according to Mexican tourism officials.
The latest numbers are a significant increase from 2009, when international tourism to Mexico dropped dramatically after the outbreak of the H1N1 virus, or swine flu. But compared with 2008, international travel to Mexico is up only 6%.
Still, analysts say, the latest jump in visitors suggests that U.S. travelers feel more confident about spending on travel again and see Mexico as a good bargain for vacations.
“Memories of last year have started to fade,” said Anthony Concil, a spokesman for the International Air Transport Assn., a trade group for the world’s airlines.
The sharp increase in visitors to Mexico is also significant because Concil and other analysts have predicted only modest growth in travel worldwide. International air travel, for example, was up 6% in August compared with a year earlier, according to the International Air Transport Assn.
Hawaii has also seen tourism begin to rebound lately, but not enough to overcome the steep drop-off it suffered in 2009. In August, total arrivals by air to Hawaii were up about 11% from the same month last year, marking the ninth consecutive month of growth.
Mexican tourism officials attribute Mexico’s tourist increase to a marketing campaign that kicked off in July, with the tagline “Mexico, the place you thought you knew.”
“We have had all of these challenges, but we are in the right track,” said Alfonso Sumano, regional director for the Mexico Tourism Board for the Americas.
Local travel agents say the growth in tourists’ interest in Mexico comes from a pent-up demand to travel.
“I think there’s a perception is that it’s a good deal,” said Carol McConnell, founder of Around the Globe Travel in Huntington Beach. “But it’s mostly about being where the water and the weather is really nice.”
Jack E. Richards, president of Pleasant Holidays, a Westlake Village travel agency that specializes in vacations to Mexico, agrees. “The all-inclusive resorts offer exceptional value for the vacation dollar, which is still important to American travelers as they emerge from the economic recession,” he said.
While reports of drug-related killings and kidnappings continue along the border, most international tourists are staying clear of that area, visiting beach resort towns instead, Sumano said.
The number of visitors to Cancun, the easternmost coastal city, jumped nearly 31% in August compared with a year earlier; tourism to Los Cabos, on the southern tip of Baja California, increased 30%, according to Mexico tourism officials.
Southern California travel agents say U.S. tourists don’t seem too concerned about drug violence because they know to stay far from the border. “As long as you stay in the resort areas, you’ll have no problem,” McConnell said.
And several Mexican and U.S. airlines have stepped in to fill in the void left by Mexicana Airlines, Sumano said.
“We would like to spread the word,” he said. “The resorts are ready for the visitors.”
Via: Los Angeles Times
First: A reality check on Mexico
Mexico is in a unique position to reap many of the benefits of the decline of the US economy. In order to not violate NAFTA and other agreements the U.S.A. cannot use direct protectionism, so it is content to allow the media to play this protectionist role. The U.S. media – over the last year – has portrayed Mexico as being on the brink of economic collapse and civil war. The Mexican people are either beheaded, kidnapped, poor, corrupt, or narco-traffickers. The American news media was particularly aggressive in the weeks leading up to spring break. The main reason for this is money. During that two-week period, over 120,000 young American citizens poured into Mexico and left behind hundreds of millions of dollars.
Let’s look at the reality of the massive drug and corruption problem, kidnappings, murders and money. The U.S. Secretary of State Clinton was clear in her honest assessment of the problem. “Our insatiable demand for illegal drugs fuels the drug trade. Our inability to prevent the weapons from being illegally smuggled across the border to arm these criminals causes the deaths of police officers, soldiers and civilians,” Clinton said. The other large illegal business that is smuggled into the U.S.A. that no one likes to talk about is Human Traffic for prostitution. This “business” is globally now competing with drugs in terms of profits.
It is critical to understand, however that the horrific violence in Mexico is over 95% confined to the three transshipping cities for these two businesses, Tijuana, Nogales, and Juarez. The Mexican government is so serious about fighting this, that they have committed over 30,000 soldiers to these borders towns. There was a thoughtful article written by a professor at the University of Juarez. He was reminded of the Prohibition years in the U.S.A. and compared Juarez to Chicago when Al Capone was conducting his reign of terror capped off with The Saint Valentine’s Day Massacre. During these years, just like Juarez today, 99% of the citizens went about their daily lives and attended classes, went to the movies, restaurants, and parks.
Is there corruption in Mexico? YES !!! Is there an equal amount of corruption related to this business in the U.S.A.? YES !!!. When you have a pair of illegal businesses that generate over $300,000,000,000 in sales you will find massive corruption. Make no mistake about the Mexican Drug Cartel; these “businessmen” are 100 times more sophisticated than the bumbling bootleggers during Prohibition. They form profitable alliances all over the U.S.A. They do cost benefit analysis of their business much better than the US automobile industry. They have found over the years that the cost of bribing U.S. and Mexican Border Guards and the transportation costs of moving marijuana from Sinaloa to California have cut significantly into profits. That is why over the past 5-7 years they have been growing marijuana in State and Federal Parks and BLM land all across America. From a business standpoint, this is a tremendous cost savings on several levels. Let’s look at California as an example as one of the largest consumers. When you have $14.2 billion of Marijuana grown and consumed in one state, there is savings on transportation, less loss of product due to confiscation and an overall reduction cost of bribery with law enforcement and parks service people. Another great savings is the benefit to their employees. The penalties in Mexico for growing range from 5-15 years. The penalties in California, on average are 18 months, and out in 8 months. The same economic principles are now being applied to the methamphetamine factories.
FOX News continues to scare people with its focus on kidnapping. There are kidnappings in Mexico. The concentration of kidnappings has been in Mexico City, among the very rich and the three aforementioned border Cities. With the exception of Mexico City, the number one city for kidnappings among NAFTA countries is Phoenix, Arizona with over 359 in 2008. The Phoenix Police estimate that twice that number of kidnappings goes unreported, because like Mexico 99% of these crimes were directly related to drug and human traffic. Phoenix, unfortunately, is geographically profitable transshipping location. Mexicans, just like 99% of U.S. Citizens during prohibition, go about their daily lives all over the country. They get up, go to school or work and live their lives untouched by the border town violence.
These same protectionist news sources have misled the public as to the real danger from the swine flu in Mexico and temporary devastated the tourism business. As of May 27 2009 there have been 87 deaths in Mexico from the swine flu. During those same five months there have been 36 murdered school children in Chicago. By their logic, if 87 deaths from the swine flu in Mexico warrants canceling flights and cruise ships to Mexico, then close all roads and highways in the USA because of record 43,359 automobile related deaths in the USA in 2008.
What is just getting underway is what many are calling the “Largest southern migration to Mexico of people and real estate assets since the Civil War” A significant percentage of the Baby Boomers have been doing the research and are making the life changing decision to move out of the U.S.A. The number one retirement destination in the world is Mexico. There are already over 2,000,000 US and Canadian property owners in Mexico. The most conservative number of American and Canadian Baby Boomers who are on their way to owning property in Mexico for full or part time living in the next 15 years is over 6,000,000. Do the math on 6,000,000 people buying a $300,000 house or condo and you will understand why the U.S. Government is trying to tax this massive shift of money to Mexico through H.R. 3056. The U.S. government calls this “The Tax Collection Responsibility Act of 2007”. Those who will have to pay it are calling this the EXIT TAX.
Mexico: A better economic choice than China
Another large exodus from the U.S.A is high paying skilled jobs. The job shift in automobile sector, both car and parts manufacturing, is already known by most investors. In the last few months as John Deere and Caterpillar have been laying off thousands of workers in the U.S.A., and hiring equal numbers in Mexico. The most recent industry that is making the shift is the aerospace manufacturers. In the city of Zacatecas there is currently a $210 million aerospace facility being built. With the 11 U.S. companies moving there, it is estimated to provide over 200,000 new high paying jobs in the coming years. One of the main factors for the shift in job south to Mexico instead of China is realistic analysis of total production, labor and delivery costs. While the labor costs in China are 40% less on average, the overall transportation costs and inherent risks of a long distance supply chain, and quality control issues, gives Mexico a distinct financial advantage.
Mexico’s real economic future
Mexico has avoided completely the subprime problem that has devastated the U.S. banking industry. The Mexican banks are healthy and profitable. Mexico has a growing and very healthy middle and upper middle class. The very recent introduction of residential financing has Mexico in a unique position of having over 90% of current homeowners owning their house outright. U.S. banks are competing for the Mexican, Canadian and American cross border loan business. It is and will continue to be a very safe and very profitable business. These same banks that were loaning in a reckless manner have learned their lesson and are loaning here the old fashioned way. They require a minimum of a 680 credit score, 30% down payment, and verifiable income that can support the loan. In most areas of Mexico where Baby Boomers are moving to, with the exception of Puerto Penasco (which did not have a national and international base of buyers), there is no real estate bubble. The higher end markets ($2-20 million) in many of these destinations are going through a modest correction. The Baby Boomers market here is between $200,000 and $600,000. With the continuing demand inside the Bay of Banderas, that price point, in the coming years, will disappear. This is the reason the Mexican government is spending billions of dollars on more infrastructure north along the coast all the way up to Mazatlan.
The other major area where America has become overpriced is in the field of health care. This massive shift of revenues is estimated to add 5-7% to Mexico’s GDP. The name for this “business” is Medical Tourism. The two biggest competitors for Mexico were Thailand and India. Thailand and India’s biggest drawback is geography. Also recent events, Thailand’s inability to keep a government in place and the recent terrorist attack in Mumbai, have helped Mexico capture close to half of this growth industry. In Mexico today there are over 56 world class hospitals being built to keep up with this business.
Mexico is currently sitting on a cash surplus and an almost balanced budget. Most Americans have never heard of Carlos Slim until he loaned the New York Times $250 million. After that it became clear to many investors around the world what Mexicans already knew: that Mexico had been able to avoid the worst of the U.S. economic devastation. Mexico’s resilience is to be admired. When the U.S. Federal Reserve granted a $30 billion loan to each of the following countries Mexico, Singapore, South Korea, and Brazil, Mexico reinvested the money in Treasury bonds in an account in New York City.
According to oil traders, Mexico’s Pemex wisely as the price of oil shot to $147 a barrel put in place an investment strategy that hinged on oil trading in the range of $38-$60 a barrel. Since the beginning of 2009 Mexico has been collecting revenues on hedged positions that give them $90-$110 per barrel today. Mexico’s recent and under reported oil discovery in the Palaeo Channels of Chicontepec has placed it third in the world for oil reserves, right behind Canada and Saudi Arabia.
The following is a quote from Rosalind Wilson, President of the Canadian Chamber of Commerce on March 19, 2009. “The strength of the Mexican economic system makes the country a favorite destination for Canadian investment”.
OPPORTUNITIES: WHY PUERTO VALLARTA & THE RIVIERA NAYARIT?
The answer is simple and old fashioned: SUPPLY AND DEMAND.
The area of Puerto Vallarta/Riviera Nayarit inside the Bay of Banderas is an investor’s dream. This area has the comprehensive infrastructure in place, world class hospitals and dental care, natural investment protection from the Sierra Madre Mountains, endless future water supply, low to nonexistent crime, international airport, and limited supply inside the Bay, first class private bilingual schools and higher than average appreciation potential. Like many areas in Mexico there is large demand for full and part time retirement living and a lot of construction underway to meet this demand. Pre construction of course is where the best bargains are available.
I would offer a word of caution for investors in Mexico. Do not be seduced by the endless natural beauty that is everywhere, both inland in colonial towns and along thousands of miles of beach. Apply conservative medium and long term investment strategies without emotion. The demand for full and part time living by American and Canadian Baby Boomers is evident throughout the country. The top two choice locations are ocean front, and ocean view. The third overall choice, which is less expensive, is inland in one of the many beautiful colonial towns or small cities.
Mexico, with the world’s 13th largest GDP, is no longer a “Third World Country”, but rather a fast growing, economically secure state, as the most recent five-year history of its financial markets when compared to the U.S.A.’s financial markets suggests.
DOW JONES AVERAGES MAY 2004 10,200 MAY 2009 8,200 20% LOSS IN 5 YEARS
MEXICAN BOLSA MAY 2004 10,000 MAY 2009 23,000 130% GAIN IN 5 YEARS