Mexico is the Best Place to Retire
For the past 14 years, Mexico has consistently ranked in the top 10 retirement destinations in the world. And for the 5th time, International Living’s Annual Global Retirement Index has named Mexico again as the best place to retire. This is based on cost of living, retiree benefits, climate, healthcare, and more.
“Mexico has always offered arguably the easiest transition to expat life around: Low-cost, conveniently close, friendly locals and plenty of expats—Mexico offers an appealing balance of exotic foreign culture and familiar First-World lifestyle… Life here is easy and relaxed. And also rich and complex in sensations and experiences.”
Here are the reasons why many people are choosing Mexico for their retirement:
1. Low cost of living. May expats are reporting that they can live well for as little as $1,200 a month. “The cost of living in Mexico allows me to live a fun life on my Social Security check,” says San Francisco-native Jack Bramy.
2. Healthcare. You can find first-rate hospitals in every major city in Mexico. And plenty of good doctors too as most of them have received at least part of their training in the U.S. or Europe. You also don’t have to worry about not having medical insurance because paying cash at private facilities costs a fraction of what you would pay in the U.S.
3. Language. English is widely spoken especially in tourist spots and popular expat communities so it’s easy to communicate and fit right in.
4. Close proximity to the US. This proximity makes Mexico an ideal destination for part-time living. You can escape the worst of the winter weather in your home in a sunny region like Los Cabos. Going back home to the US is convenient and cheap. You can easily drive down or fly home —a round trip ticket sometimes costs as little as $200.
5. Flexible weather. Mexico has such a diverse selection of climates that you’re guaranteed to find the weather that’s right for you. You can choose to have summer on the beach or spring in the highlands.
6. Retiree benefits for legal and permanent residents. For legal residents over 60, they can get discounts on airline and bus tickets, medical care, museum entrance fees, and much more. If you become a permanent resident, you can get an INAPAM Card which will give you additional discounts that can range from 5% up to 50%.
7. Friendly locals. Mexicans are naturally friendly and welcoming, their warmth as genuine as the Mexican sun.
Now is the best time to buy a house and live in Los Cabos.
The weakening of the peso against the dollar in recent years means your dollars now buy nearly 50% more pesos than they did just a few short years ago. The weak peso also means you can pick up great-value real estate (to buy or rent) for even less than you could a few years ago—an apartment that cost $1,300 to rent in 2014 costs $980 now.
Call us at +1-310-860-6063 (US) or +52 1 624 688 6841 (Mexico) or email us at info@staging.cabocribs.com to learn more about buying properties in Los Cabos.
