Why Are One Million Americans Moving to Mexico?
In many ways, Mexico today is like the U.S. was 50 years ago…before big government, big business, and special interests whittled away the lifestyle our parents took for granted. It is full of overlooked retirement havens where you can retire in luxury without spending a fortune.
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Population: 116,220,947 (July 2013 est.)
Capital City: Mexico City
Climate: Varies from arid to tropical
Time Zone: GMT-8 to -6
Country Code: 52
Coastline: 9,330 km
Location: Mexico borders the Caribbean Sea and the Gulf of Mexico, and the North Pacific Ocean
You’ll find one of the most stunning areas on my beat on the southern edge of Mexico’s Riviera Maya. Its white-sand beaches, ancient ruins, white-bottomed lagoons, nature preserves, caves and cenotes (underwater caves) make it stand out—so much so that vacationers and expats are increasingly flocking here. But despite its growing popularity, there is still a window of opportunity on Mexico’s Caribbean coast.
- Five Places to Get Affordable Health Care Overseas
Posted on November 29, 2013 by Barbara Ross
In the following five countries you will pay less for health care than you do at home. And the quality is at least as good…in fact, many expats say it’s better. Affordable health care isn’t the only reason to move overseas—but it makes the move more attractive. You can get great quality health care for less abroad, lowering your monthly expenses.
When you move overseas, most things cost less. Health care is cheaper, beachfront property is cheaper and flights are cheaper when you qualify for a retiree program. You can even enjoy a symphony performance for far less than in the U.S., and have a better quality of life for less. Here is a list of five items that are cheaper overseas.
The thought of my hot shower every morning—as I cross the Spanish style courtyard on my way to the bathroom—is a delight. It has to be a quick one though, because my housemates need their hot water too. Then, I hear the church bells begin to ring in the tower of the old colonial church in front of our house…it’s time to go. I grab my backpack and head for the door. I like to walk to work. The others share a taxi, which affords them an extra 20 minutes of sleep in the morning.
- 5 Quick Questions Everyone Should Answer Before Moving Overseas
Posted on November 20, 2013 by Barbara Ross
There are many benefits to moving overseas: the weather is better, your quality of life will improve and you will always have something to do. Here are a few quick questions that you should ask yourself before moving overseas. 1. What type of weather do you like? If you don’t like the snow then you should…
When I started learning Spanish in Spain some years ago, I never envisioned how helpful it would become. Mostly, I just wanted to know how to order food, talk to people a bit and avoid embarrassing myself as much as possible. The more I learned, however, the more I discovered how much of a key that speaking the language is. Spanish has opened many doors for me—in Spain, Costa Rica, Guatemala, Cuba and Mexico.
My profession has taken me all across the world, experiencing unique journeys…attending world famous events…and meeting fascinating people. And I got paid to do it. I have rung in the New Year at Hogmanay in Edinburgh, danced up a storm at Seville’s April Fair, and was awed by the beauty of Buddha’s birthday celebrations in South Korea. I have ridden camels through the Sahara desert, liberated baby sea turtles in Mexico and swam with sharks in Belize.
The words jumped out at me from the email on my screen. “We have an emergency! We need your help!” At that moment I was on vacation in Mexico with my husband. When I worked in a corporate job, seeing an email like this while on vacation would have made me nervous. But not this time.
- Escape to Warmer Climes and Live off Your Property Investments
Posted on November 5, 2013 by Sarah Booth
I purchased my first rental property in the ski resort village of Whistler, BC, Canada, when I was 23-years-old with a very small down payment. At the time, I was working as reservations manager for a property management company so I had first-hand knowledge of the strong returns that could be achieved through rentals. Over the following eight years, I proceeded to buy, renovate, rent short-term, and ultimately sell nine Whistler properties.
- Values on This Stunning Caribbean Outpost Are Set to Skyrocket…
Posted on November 3, 2013 by International Living
Four days in a five-star resort….with a golf course, restaurants and bars, and a stunning stretch of powder-sand beach washed by the turquoise Caribbean Sea. It’s luxurious Caribbean resort living at its best…where you can swim, sunbathe, enjoy cocktails under the stars – and get the inside track on the area’s hottest real estate opportunity. All your meals, drinks and accommodation are included in your 4-day stay – yet it will only cost you $180.
The night I arrived in Mexico to start my first English-teaching job…the sky lit up with fireworks! I asked the taxi driver what holiday it was. He responded that it was not a holiday, but likely a birthday of someone in the neighborhood. Mexico likes to celebrate. I decided right then and there, I had come to the right country.
Yesterday, I told you about an opportunity that 12 members of our little group have to visit a five-star community on Mexico’s Riviera Maya. This is an all-expenses paid scouting trip to the stunning Tao project where I’ve negotiated special discounts for RETA members on condos and townhomes.
According to Fidelity Investments in 2012, those aged 55 and older had an average balance of $143,300 in their 401k account. But is this enough to retire on? Maybe not in the U.S., but retiring overseas can be much more affordable than retiring in the U.S.
- October 2013: A New Opportunity to Profit in Brazil
Posted on October 23, 2013 by Ronan McMahon
Your October issue of Real Estate Trend Alert is ready. Here is just some of what you’ll find in your latest issue:
∗ A New Opportunity to Profit in Brazil: I’ve scouted an exciting new deal in Brazil’s Northeast where there is still a window of opportunity to profit. There are limited lots (only 43 left) for members at a special 10% discount with developer financing before the project launches to the local market. Find out more…
Since writing was something that I’d always loved, it seemed reasonable that it could become my ticket to traveling the world. I spent a couple of months researching the best way to get started on this new career, and then submitted my first story about Costa Rica to International Living. You can’t even imagine how excited I was when they agreed to publish it!
My wife Suzan and I used to get dressed to go to work. No, really. Although we’re writers and have been for most of our professional lives now, there was a time when we’d have to put on the nylons and skirts and ties and slacks and sit in offices for hours on end. Flash back about 15 years. The clients we wrote for had Big Offices where they did Important Stuff that we would turn into brochures…
When my wife, Suzan Haskins, and I moved abroad 12 years ago, we had some decisions to make. We owned a large house and garage full of the usual collection of furniture, cookware, tools, books, rugs, electronics, knickknacks…all the flotsam and jetsam of American middle-class life.
- “This Retirement Haven Keeps Getting Better and Better”
Posted on October 3, 2013 by Jennifer Stevens
“From curried kale chips to soy milk…every time I say, ‘I wish we could get that here,’ the person I’m talking to tells me we can and where I can go to pick it up…or I stumble on the item myself at the store two weeks later,” said Jessica Ramesch this morning to a packed house of 800 International Living readers. “Panama just keeps getting better and better.”
While American expat Bill Bryson was toiling away at a London newspaper, he was dreaming about becoming a freelance writer. With a wife and family to support, he convinced himself this was a risky and selfish dream. So Bill continued to drag himself to a job that was growing more loathsome by the day.
First-World cities packed with ultra-modern amenities, and ancient vineyard-shrouded hill towns close to tropical beaches and mountain valleys. Among the top retirement spots in the world this year, you’ll find great variety in the cultural offerings, climates and lifestyles. Each destination is desirable in its own way, but they all offer something increasingly hard to come by at home: A good quality of life for a reasonable price.
Here in Campeche, where I live in Mexico’s Yucatán Peninsula, we have only a small expat community. It’s growing steadily, though, with British, Dutch, Italians… and Canadians. In fact, a lot of the North American tourists I see here in the Yucatán these days come with distinctly Canadian accents.
The Phra Singh temple is just one of the 300 or so Buddhist temples that you’ll find in the northern Thai city of Chiang Mai. The elegant temple library and exquisite murals in the 700-year-old shrine make it one of the city’s most visited sites. But it isn’t the only thing attracting people.
I know of only a handful of places around the world right now where you can buy a property for $150,000…and have it throw off $1,000 a month in yield right from the start. These are the rental-yield super-stars.
Wading knee high in the warm waters of Ascension Bay, fishing rod in hand, I squint against the angled rays of the sun to make out the shapes of my quarry. This is my kind of walk on the beach. Except it’s not a beach at all. There are no crashing waves. No undertow.
Patrice employs local seamstresses to create her original aprons, handbags, table napkins, baby bibs, bathrobes, and other popular items, combining textiles in contrasting patterns. Her collection is sold to foreign tourists and Mexicans who vacation in San Miguel, and internationally through museums, airport stores, and boutiques.
Have you been to a shopping mall recently? Well, one thing you are sure to find there is a frozen yogurt kiosk or self-serve location. And, as I travel around Latin America looking at franchise businesses, I can tell you that the same is happening here. From Santiago de Chile to Mexico City, this quick-service segment is exploding. The reason? It’s the healthy option dessert and consumers are becoming increasingly health-conscious.
I stayed at the best resort on the island where I lounged on their spectacular man-made, white sand beach with infinity pool, and shopped at Le Marché Municipale—the public market which covers a city block labyrinth of bargains.
By the end of April 2010, I received the first ad deal for my blog. After that, ad deals started coming in once a month or more. I ended up making about $5,000 by the end of 2010. I never thought of blogging full-time, but I could feel something changing.
It’s a big decision to bring your children overseas. My husband, Dan, and I turned our lives upside down in 1990 when we took our 1-year-old and 2-year-old to Guam, an island in the middle of the Pacific Ocean, to take up teaching posts. Over the next 10 years we lived in three other countries— Ghana, Singapore, and Mexico—and visited many more.
- I Landed my First Job Overseas Because I Speak English
Posted on July 16, 2013 by Kary Vannice
I don’t have a degree in Education or English or even something like International Studies. What I studied was Forestry. Yep, that’s right, I learned about trees!
Latin America is seeing huge growth in the number of senior citizens. Birth rates are falling across the region. According to a study published by the United Nations’ Economic Commission for Latin America, the population of those 65 years and older will increase three times faster than the total population between 2000 and 2025 and six times faster from 2025 to 2050.
“Will my doctor speak English?” I hear this question a lot from people considering a move overseas. It’s usually third on their list—after asking if the health care is any good, and whether they can afford it. Fortunately, in the countries International Living covers frequently, the answer to all three questions is usually “yes.” Costs are definitely low.
- San Miguel de Allende, Mexico: Why Now is the Time to Buy Property There
Posted on June 25, 2013 by Glynna Prentice
Arguably Mexico’s best-known Spanish-town, San Miguel has been a top haven for decades. And today, you can buy real estate here at bargain prices, down as much as 55% from highs in 2007/2008. But you’d better move fast. On a recent visit to this most sophisticated of pueblos, I found that—here, at least—the recession induced real estate slump is over.
Opening a franchise in Latin America can be a great way to fund your overseas dream. And your options are vast. In Brazil alone, you have more than 1,800 franchise brands to choose from. Mexico has more than 900. The biggest benefit of franchising is that the business plan is already done for you. Franchising allows entrepreneurs to operate from a proven business model that is continuously perfected and adapted.
Fast Track Your Retirement Overseas Conference 2014
Event Date: Oct 02, 2014
2014 Fast-Track Your Retirement Overseas Conference
October 2-4 2014, Las Vegas,NV
While your neighbors tighten their belts and reign in their retirement dreams… you can live with less stress, more freedom, and all the comforts you’ve always imagined.
Discover the world’s best retirement havens – and pinpoint the one that’s right for you.
Welcome to IL
- Investing in Mexico
- Mexico Visa and Residency Information
- Travel in Mexico
- Beach Property in Mexico
- Living in Mexico
- Health Care in Mexico
- Living in Mexico: Easy, Inexpensive, and Close to Home
- One Million Americans in Mexico Can’t All Be Wrong
- Mexico Fact File
- Taxes in Mexico
- Retire in Mexico
- Why Mexico?
- Moving to Mexico
- Mexico Real Estate
- Rolodex: Contacts in Mexico
- Medicare Benefits for U.S. Citizens Living Abroad
- Retiree Benefits in Mexico
- Making Money in Mexico
- Cost of Living in Mexico
- Free Mexico Report
- Climate in Mexico
- Mexico Classified Ads
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