EL Paredon: E-Brochure 1 | Page 72

mexico Puerto Vallarta Highlights MEMO, Mexican Moment The newly finished and paved Carretera Barra de Navidad which connects El Paredon to Old Town and Nuevo Vallarta is just outside the gates and makes getting anywhere just a few minutes drive along the coast. Puerto Vallarta has become one of the preferred vacation destinations for travelers from all over the world. Approximately 862,000 visitors from North America arrived in Puerto Vallarta’s International Airport in 2012. More airlines are offering non-stop flights from key cities in North America such as Seattle, Vancouver, Edmonton, Houston, Chicago, LA, San Francisco, Atlanta, Denver, Philadelphia, St. Louis, Rockford, Lansing and New York. With a nearly perfect year round climate, the safe and serene environment attracts travelers and retirees from worldwide destinations. It is ideal for multi generational families because there is something for everyone. The charm of its colonial roots mixed with the modern amenities creates a living experience that is both welcoming and familiar for many people. Puerto Vallarta’s real estate market continues to expand as the city’s infrastructure continues its rapid development and help the real estate values to reach new heights. Analysts are all abuzz about Mexico’s stable growth rates, demographics, open trading relationships and institutional reform agenda making it relevant and promising myriad opportunities across all industries. In essence, it is looking more and more like Mexico is becoming the “Land of Opportunity” for many. In a recent article in The Economist, it was noted that as a major developing economy Mexico continues to boast solid foundations for future growth and social progress as evidenced by their quick recovery from the global crisis in 2007-2008. The article also noted that experts from the financial industry, including Goldman Sachs and Nomura, predict that, by 2020, Mexico’s economy will be among the ten largest in the world. The New York Times’ reporter Thomas Friedman went as far as to say that Mexico’s economy has the ability to surpass China’s in the not too distant future. This has given way to placing the concerns about security and drug cartels on a very secondary stage