General Information:
Capital: Mexico City
Religion: 83% Catholic
National Language: Spanish
Population: 126,577,691
Government: Federal
Total Area: 1,972,550 km
Source: https://en.wikipedia.org/wiki/Mexico
Culture:
- 68 indigenous languages are spoken in Mexico.
- Mexico is home to one of the most unique agricultural systems in the world, the chinampas.
- Mexico has 59 endemic corn varieties.
- Mexico is home to the third largest peak in North America, the Pico de Orizaba.
- Color television was invented in Mexico by Guillermo González Camarena.
- Mexico has 34 UNESCO world heritage sites and is also home to one of the seven wonders of the world, the Mayan ruins of Chichen Itza.
Source: https://theculturetrip.com/north-america/mexico/articles/15-cool-culture-facts-you-didnt-know-about-mexico/
Doing Business:
- Make sure you are punctual and on time for any meeting, but do not be surprised if your Mexican counterpart is 30 minutes late. It’s common in a lot of Latino cultures, so just be patient!
- If you do not have a fully bilingual member in your team, you should consider hiring an interpreter, preferably a native speaker.
- Strangers shake hands when meeting and leaving each other. Mexicans usually hold the gesture longer than we do.
- Standing with hands on the hips may be considered aggressive.
- Mexicans do business with friends. If they feel uneasy around you, chances are you won’t be closing any deals.
- Business in Mexico is done in person, not over the phone or email.
- Do not refuse drinks (usually coffee) offered to you during the meeting.
- Being direct and to the point may be perceived as rude or aggressive. Be gracious and polite.
- Because relationships come first, negotiations tend to move slowly.
- When in doubt, it is better to be overdressed.
Source: https://www.acrecent.com/doing-business-in-mexico-understanding-mexican-business-culture-etiquette/