If you are considering retiring in Mexico, you are in the company of an estimated one million Canadians and Americans who have already made the move and are living in Mexico and enjoying their Mexico retirement.
Mexico has so much to offer in terms of retirement lifestyle options and practicalities that are appealing to retirees.
One of the biggest factors for many North Americans who make the decision for retiring in Mexico is the geographical location. Being just a short flight away from home is very important to many people who want to retire abroad, but also want to maintain the ability to visit with friends and family on a regular basis, or host them in their new Mexico retirement location.
A very close second, is that retiring in Mexico is very affordable, which helps a fixed income to go much further. Everything from food to utilities, healthcare to leisure activities costs so much less in Mexico than it does in the US, Canada or Europe.
Mexico real estate is also very affordable compared to North America or Europe. And there are many types of real estate to choose from in Mexico – from laid back beachfront real estate in the Mayan Riviera, the up and coming colonial city of Merida, to mountain living in San Miguel de Allende. Not to mention the Baja area on the Pacific coast. Additionally Mexico real estate is a great way to invest in Mexico. You can read about about buying and owning real estate in Mexico here.
Lower prices do not necessarily mean inferior products or services. In fact, the food in Mexico is wonderful. Shopping at the local markets for fish, meat, fruit and vegetables not only results in getting great value for money, it also provides the opportunity to integrate with the locals.
The cost of utilities, property taxes and maintenance costs will be lower in Mexico in comparison to those in Europe, Canada or the US. If your retirement income is in a currency from one of these regions, you will also benefit from favorable exchange rates helping to make your money buy you a better retirement lifestyle.
Understandably, of concern to people of retirement age is the availability, quality and affordability of healthcare. One important thing to remember is that any healthcare insurance that’s valid in your home nation stops at the border. Reasonably priced Mexico insurance plans are available to cover expats who are retiring in Mexico.
Healthcare in Mexico has very high standards – including doctors, dentists, hospitals and other specialist medical services. The level of healthcare care in Mexico will vary according to the retirement location chosen with bigger towns and cities being superior to the more rural or remote locations.
Finally, getting residency in Mexico for your Mexico retirement is pretty simple and straight forward. You can read about getting your residency in Mexico here.
From a lifestyle point of view, the laid-back vibe of the warm and welcoming native population makes for stress free living. This doesn’t mean that your retirement in Mexico has to be sedentary, unless you want it to be.
The wide range of climates and topography is very conducive to an active, outdoor lifestyle. From the warm and humid ocean-front locations to the contrasting desert regions or the all year-round spring temperatures there is a retirement destination in Mexico to suit everyone.
From bustling cities to coastal towns and highland locations, retirement in Mexico can be as laid-back or as active as you choose, or a combination of both.
An established retired expat population in Mexico provides opportunities to blend in with your own culture where you can join in with familiar activities making the transition to a new life abroad easier. On the other hand, retiring in Mexico presents a wealth of rich cultural diversity to explore to enhance your experience of living in this wonderful country.
Less well-developed countries are often reported as suffering the inconveniences associated with having poor infrastructure. While this may be true for rural or remote locations within Mexico, the bigger towns, cities and popular locations have infrastructure that’s equal to the standard in the countries from where expats originate.
Every now and again, the news channels churn out scenes from Mexico City showing violent crime carried out by gangs of drug dealers wielding knives and guns. These reports make it appear that retirement to Mexico will be dangerous. In actual fact, Mexico has strict firearm and lethal knife laws and is statistically safer than many cities in the US. Away from the inner city area, violent crime in Mexico is rare.
In conclusion, retiring in Mexico is a great choice because the pace of life is ideal, the cost of living is very affordable, health care is good and easily accessible and for Americans and Canadians, you are just a few hours flight away from home.
Mexico is a beautiful and safe country with amazing weather, great food, wonderful cultural diversity and a warm and welcoming native population.
EscapeArtist Mexico offers retirement services to foreigners wanting to retire to Mexico:
- Real Estate Buyer’s Broker Services
- Mexico Residency Services
- And General Retirement Information & Assistance
Please contact us for more information and service for retiring in Mexico.