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Living in Mexico

Published on Mar 10, 2016

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1.

Living in Mexico

Gabriela, Janeth y Salma
Photo by Christian Frausto Bernal
2.

Minimum wage

  • The minimum wage per day is of $73.04
Photo by bud ellison - from the street
3.

INFONAVIT

  • It's a mexican institution that gives a credit to the labor sector and government so they can own a house.
  • Also people can remodel
Photo by eclecctica
4.

Requirements to ask for a credit

  • Count with an employment relationship.
  • Make sure your chief makes employer contributions of 5% of your salary Integrated Journal.
  • Comply with the minimum required score of 116 points.
Photo by Richard Cawood
5.

What is a credit?

  • Is a mortgage credit that INFONAVIT gives. The company takes off your salary certain amount of money.
  • The credit conditions depend on your salary, age, the behavior of payment of contributions from the company where you work and your savings in La Subcuenta de Vivienda.
  • The monthly discount is up to 30% of your salary integrated.
Photo by BurnOsoleil
6.

The price of a house in good conditions is from $200,000

Photo by Philo Nordlund
7.

Statistics

  • Since it's creation and until INFONAVIT has sold around 8 million houses
  • In 2014 it generated $1, 471 million
8.

References:

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