The Bajio
The rich historical culture, natural heritage and promising business, commercial and development opportunities of the entire Bajio area, and more so in San Miguel de Allende, combine to provide a friendly and pleasant environment and a high standard of living.
Through thousands of years of cultural and historical revolution, the state has continued to provide an excellent quality of life.
Business climate
Important comparative advantages reveal that, due to an optimal geographic location and excellent climatic conditions, San Miguel de Allende is a top-ranking competitor in the field of tourism.
During the last few years, the real estate sector, the main tertiary activities in the state of Guanajuato, contributed 54.4% to the state’s gross domestic product.
Among the main activities are: manufacturing 28.08%, commerce 15.80%, real estate and rental services of movable and intangible goods 11.81%, food industry 7.3%, all of which combine to represent 63.5% of the state’s gross domestic product.
The strategic sectors, in part, are: industrial, automotive parts, chemicals, apparel, leather footwear, textiles and fashion. The future forecast is expected to include research, tourism, medical equipment, and pharmaceutical and cosmetic services.
In terms of productive infrastructure, the state has 15 industrial and/or technological parks. Polígono Empresarial San Miguel is a 110-hectare industrial park that only in 2017 sold its first phase completely, it houses companies from countries such as Germany, Spain, the United States, Switzerland and Austria, mainly focused on serving the automotive and agri-food markets.
A new distribution of this indicator observes that the state of Guanajuato ranks first in the creation of new companies, 8th in construction permit administration, 7th in property registration and 5th in contract compliance.
The municipality of San Miguel de Allende
The municipality of San Miguel de Allende, one of the 46 municipalities of which is located between the geological frontiers of volcanic Mesoamerica and the semi-desert of North America. The average altitude is 1,910m above sea level and the city is located 275 km from Mexico City DF, 97 km from the city of Guanajuato and 157 km from Leon, Guanajuato.
Summary
Gross Domestic Product (GDP) is 461.2 million, GDP represents 1.5% of the state percentage breakdown: agriculture – 10.6%, mining 0.1%, services 53.9%, commerce 27.7%, construction 0.5%, manufacturing 6.5%, water, electricity and supplies 0.8%. GDP per capita = $ 3,255.
Excellent quality standards, high evaluations and international certifications combine to classify San Miguel as a first class destination. San Miguel’s exceptional conditions and privileges combine to offer domestic and foreign nationals a secure investment and a comfortable, high standard of living equal to or better than any other place in North America.
