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Maquiladora Program As A Strategy To Attract Investment | TaxConnections Maquiladora Program As A Strategy To Attract Investment
In 1964, the Mexican government introduced Maquiladoras as a strategy to attract foreign investment and increase industrialization on the Mexican border. Maquiladora’s process, produce, transform, or repair goods owned by non-Mexican residents (foreign residents). Currently, foreign companies incorporate maquiladoras to take advantage of less expensive labor and tax incentives. On November 1, 2006, the Mexican Maquiladora Program As A Strategy To Attract Investment