The Nearshoring Plan for Mexico Begins
Mexico has made progress in nearshoring, moving toward the project implementation phase, with 41.3% of companies confident that there will be a greater impact between 2026 and 2030, and the northern region accounting for 54.3% of industrial activity related to new relocation and expansion projects.
Monterrey, Ciudad Juárez, Tijuana, and Saltillo are the cities that host the main markets for the establishment and expansion of manufacturing operations, thanks to their industrial infrastructure, logistics connectivity, proximity to the United States, and a high concentration of suppliers.
During the first half of 2026, Mexico earned US$34.9 billion, of which 38.6% came from manufacturing.
However, there are still requirements that need to be addressed before this wave of nearshoring can begin, such as registering companies with the Federal Taxpayers Registry (RFC), as well as determining the tax regime and obligations applicable to their activities in Mexico.
Marcela Pino, Market Head of Financial Services – LatAm at TMF Group, noted that tax planning must be incorporated from the very first decisions related to an industrial investment.
Tax, corporate, contractual, labor, and financial decisions are important for the establishment of plants, distribution centers, and regional operations.
Similarly, industrial activity in the north will require meeting additional requirements related to infrastructure, talent, energy, location in industrial parks, and specialized services that will support the establishment of new operations.
