A growing number of retirees are considering retirement abroad. Many others have already taken the plunge. Spending your retirement years abroad has evolved from a fantasy available only to the privileged few to an increasingly attractive option for many retirees.
Most ex-pat havens in former “Third World” countries now have good, basic infrastructure and fast, reliable telecommunications links, making the world more interconnected than ever before.
Mexico has been a top retirement destination for over 60 years. Today, more U.S. and Canadian ex-pats live in Mexico than in any other country in the world. In case you’re wondering why, we’ve compiled a list of 8 reasons why you should choose a Mexico retirement.
1. To escape the harsh rigors of winter
Living in a climate without extremely cold temperatures for at least part of the year promotes better health. Mexico offers a choice of climates ranging from the “Eternal Spring” of towns like San Miguel de Allende and Ajijic – to dry desert heat and hot and sunny tropical beach destinations.
2. The chance to relax and settle into a slower pace of life
The laid-back pace of life in Mexico is just the ticket after a number of stressful years in the rat race. Here, you can take the time to relax and enjoy your retirement and still be active. In Mexico, no one will begrudge you that refreshing afternoon siesta!
3. Delicious food and cuisine
Basic foods and drink cost much less in Mexico than in Europe and North America. And the food in Mexico is wonderful! Fresh fruit, especially the sweet and juicy tropical varieties, is readily available at local markets or right off the farmer’s truck! Vegetables, meats and fish can easily be found at very reasonable prices.
Eating out at your friendly neighborhood taco stand is a great value as well. Who can resist the wonderful aroma of fresh hot tortillas, grilled chicken, hearty soups and stews and the ubiquitous tacos as you wander the streets after sunset?
4. First-class health care facilities
Retirees will be happy to learn that top-quality health care is widely available in Mexico. Every mid-size to large city has at least one world-class medical facility. Private clinics staffed by well-trained doctors, medical specialists and dentists can be found throughout the country. And the best part? Health care costs, on average, are about half of what you’d expect to pay in the U.S.
5. A vibrant culture
From beautiful colonial cities, such as Guanajuato and Morelia, to the ruins of ancient civilizations – Mexico’s rich cultural heritage has so much to offer.
The people of Mexico are warm and friendly. Instead of rehashing the past and worrying about the future, they live in the present moment.
Prepare to be awed by local handicrafts and the amazing artwork of the indigenous people. No matter where they decide to settle, retirees will enjoy close contact with a rich cultural heritage.
6. Thriving ex-pat communities
There are active ex-pat communities all over Mexico which offer many activities for both ex-pats and locals alike. Joining these groups makes it easy to get involved in local projects and make new friends. English is widely spoken in these communities, but a good working knowledge of Spanish doesn’t hurt.
7. Easy access to family and friends “Back Home”
Mexico is the United States’ closest neighbor to the south, so regular flights to and from major North American cities are readily available. More adventurous types can simply pack up the car and drive back in a matter of days.
8. Affordable real estate
You knew we couldn’t get by without mentioning this! Yes, Mexican real estate is affordable, even on a retirement income. Property taxes are low and barriers to foreign property ownership have been simplified or removed entirely. We’ll have more on this in an upcoming article.
Wherever you go in this vast and colorful country, the people will welcome you and make you feel at home. The spectacular scenery and picturesque villages will marvel and enchant you. And the easy lifestyle will keep you coming back again and again. Consider a retirement in Mexico, you’ll be glad you did.