Every year, thousands of retirees choose Mexico as their new home. Moving south of the border can certainly reduce your cost of living and a mere $30,000 a year can stretch a long way, however it is important to consider other aspects before taking the plunge and moving to paradise in Mexico.
1. Start researching a few places: Imagine your retirement home and put together a list of the things you cannot live without. Be honest with yourselves and pick a place that has everything you need in the long term.
2. Find information: There is plenty of websites dedicated to specific markets, read as much as you can. Take notes, contact a few friends or friends of friends that live in the area, ask questions!
3. Brace yourselves: Do not let the excitement get to your head! Living abroad is not for the faint of heart: there are language and cultural differences. Many retirees come to Mexico and leave after a couple of years, it is important to have a good attitude!
4. Beware surveys: There are many cost-of-living comparisons, they might show rents in Mexico much cheaper than in North America, but also there is different standards. If you look for a home with all the commodities you are used to: spacious bedrooms, dressing rooms, central a/c, pool and social areas expect to pay a little more.
5. Live abroad, before retiring abroad: If you are retired take some time and stay in the areas you are considering retiring in. Pick different seasons to experience the life in each place, talk to people, meet some locals and expats; the more you do this, the more prepared you will be for the big move!
2. Find information: There is plenty of websites dedicated to specific markets, read as much as you can. Take notes, contact a few friends or friends of friends that live in the area, ask questions!
3. Brace yourselves: Do not let the excitement get to your head! Living abroad is not for the faint of heart: there are language and cultural differences. Many retirees come to Mexico and leave after a couple of years, it is important to have a good attitude!
4. Beware surveys: There are many cost-of-living comparisons, they might show rents in Mexico much cheaper than in North America, but also there is different standards. If you look for a home with all the commodities you are used to: spacious bedrooms, dressing rooms, central a/c, pool and social areas expect to pay a little more.
5. Live abroad, before retiring abroad: If you are retired take some time and stay in the areas you are considering retiring in. Pick different seasons to experience the life in each place, talk to people, meet some locals and expats; the more you do this, the more prepared you will be for the big move!
We have met and worked with many retirees looking for their dream home, and have experience the ups and downs of living overseas ourselves.
Now if you have any question about this or any of the TOP MEXICO REAL ESTATE properties we have listed in Playa Del Carmen, The Riviera Maya or anywhere throughout Mexico, please feel free to contact any of our TOP MEXICO EXPERT SALES TEAM and we will be glad to help you find your very own piece of paradise.
And remember, here at TOP MEXICO REAL ESTATE…
We make it happen!
And remember, here at TOP MEXICO REAL ESTATE…
We make it happen!
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