Mexican congressmen voted on Tuesday to change a law that makes it difficult for foreigners to own beach homes in Mexico.The law prevents any foreigner from directly owning a home that is located within 50 kilometers of Mexico's coasts. Foreigners in Mexico are also banned from owning homes that are located within 100 kilometers of the country's international borders.Congressmen from Mexico's house of representatives argued that the law was "outdated," that it hampers investment in the country, creates unnecessary bureaucracy and no longer matches reality.They pointed out that thousands of Americans and Canadians already own beach homes in Mexico anyways, and many more are interested in buying.After much searching I found my perfect condo click the link below for a tour asking price almost half of what I found in the San Diego area.
Baja Horseback Riding at its Best!
At All The Pretty Horses of Baja – Rescue & Rides, our work with horses and other animals that have been abandoned or suffering from neglect is a labor of love. Nothing gives us more joy than to see what plenty of food, good care and kindness will do for horses (dog, cats and squirrels too) that need a helping hand. First, we make sure they know they can depend on us and in return, our animals give joy to us and everyone they meet.
As an artist who is neither a real estate salesperson nor a travel agent pushing an agenda, I feel it’s time to have a real look at the very best places in Mexico to retire with real pro’s and con’s so the reader can really make an informed decision on where to go that serves their needs, interests and ambitions.
So writes “Johnny Punish” (www.JohnnyPunish.com) in edited excerpts from his article written originally as an exclusive for www.munKNEE.com (Your Key to Making Money!) and under the title The Top 10 Places to Live and Retire in Mexico and the reasons why.
With its profoundly rich Indian and Spanish culture, its spectacular beaches and charming colonial hill towns, its real estate bargains and its proximity to the United States, Mexico is the undisputed number one destination for American retirees. It boasts thriving expat communities in Lake Chapala, near Guadalajara; San Miguel de Allende, in Guanajuato; Baja California; and Cancún, in the Yucatan. They all have their attractions, including a low-cost, laid-back lifestyle, but our choice in Mexico is the Puerto Vallarta region, located on the Pacific Coast in the state of Nayarit. Its combination of first-class urban amenities and charming palm-fringed villages have made it an appealing retiree draw as well as a popular tourist destination, without the serious crime that blights some other parts of the country.
Exotic tropical islands, temperate mountain valleys, miles of deserted beaches, First-World cities packed with ultra-modern amenities, and ancient vineyard-shrouded hill towns…
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.
Among these 22 destinations, you’ll discover places where you can save tens of thousands of dollars on world-class health care administered by English-speaking and U.S.-trained doctors…find beachfront condos for less than $90,000…and see that a couple can live well on just $900 a month excluding rent.
Reports are that approximately one million Americans live in Mexico. While it’s hard to verify that number, it’s not hard to imagine that it’s true. Some are working, of course, for U.S., Mexican, or other foreign corporations. You’ll find them in cities like Mexico City, Queretaro, and Monterrey.
And some live in Mexico just part-time…spending winter months in vacation homes where the weather is always warm and the cervezas are always cold.
Many Americans in Mexico, however, have moved there to enjoy their retirement years. They live in Mexico full-time and enjoy better weather, a more relaxed lifestyle, and a host of other benefits—including afforda
The foremost concern has to be your financial situation. Although, many people have had a retirement plan in place for years, in the past decade the foibles of the economy and the all-too-human plan managers have diminished, if not totally decimated, too many of those plans. Don’t let the recent economic upheaval ruin your retirement. There are options available.
Whatever your personal situation is, developing a concrete plan is essential, our guide is a great foundation for your plan. If you’re reading this, then retirement in Mexico has crossed your mind. Living in Mexico, as we do, is a viable option especially in the circumstance of diminished resources because living in Mexico is much cheaper than living in the US or Canada!
If you haven’t done it yet, check out our budgeting tools, the Cost of Living Chart and the two interactive budget forms, the Estimate Budget Form and the Budget Planner Form on the Budget Forms page. But, bear in mind that the budgeting process using our forms does not include insurance protection of any kind, nor does it include any regular monthly payments (credit card, auto loan, mortgage), so you will have to factor them into your personalized budget using our “beginning” budget as a starting point.
So you want to learn the trick to retire in Mexico? I lived in Mexico on a budget for 7 years and after accumulating a set of hard-earned how-to knowledge, I developed a helpful e-book. My book Mexico: The Trick is Living Here will help you live or retire (or travel extensively) in Mexico. It will help you answer the questions you have about cost of living by giving example costs and clear descriptions of what you get for your peso in Mexico. This book will help you envision what your life might be like once you retire in Mexico.