Welcome to International Living s Retire Overseas Bootcamp Conference
Mexico: First-World, Exotic, and Right Next Door Retire Overseas Bootcamp Conference 2017
Mexico: Population 120 mm US$ = 18 MX pesos C$ = 14.5 MX pesos Retire Overseas Bootcamp Conference 2017
Why Mexico Convenient and close to home Nearly-First World amenities (and familiar brands) Low cost of living and real estate (especially today)
Why Mexico Range of climates and lifestyles High-quality, affordable healthcare Attractive tourist and residence visas Well-established expat communities A rich, exotic, friendly culture
Convenient and close Direct flights from major U.S. cities Discount airlines and possibly more routes coming! You can drive there in your own car!
Nearly First World Excellent infrastructure Reliable phone/fast internet Long distance calls worldwide ARE FREE!
Nearly First World Familiar stores, restaurants, brands U.S.-size appliances Familiar autos at similar prices
Low cost of living Week s worth of fruit and veg for $8-$10 Small chicken for $3, a steak for $1 BUT Imported / processed items at U.S. price or more
Low cost of living Snack meals under $1 Casual meals for $3 and up Upscale meals from $15
Low cost of living Senior discount card: 5% - 50% off Theater/museum tickets Bus fares Restaurants, films and more City buses 30 cents Long-distance buses = pennies/km
Low cost of real estate Homes at $150K, condos for less Property taxes very low Rentals from $400 a month
Low cost of real estate Own freehold in interior Own via bank trust on coasts Foreigners have same rights as Mexicans BUT Bank trusts add time and $$ to buying process
Excellent, affordable healthcare High-quality private healthcare Many doctors have studied abroad Many speak English Prices 25% - 50% of U.S. prices Private insurance available Generally no more than 2-3 hours from major facility Most major cities/expat havens have several private hospitals
Excellent, affordable healthcare Country-wide public healthcare systems TWO systems to choose from: IMSS, Seguro Popular Available to expats on residence visas Top rate around $400 / C$500 a year Seguro Popular FREE to those age 60+ BUT Long wait times for appointments and surgeries Doctors may not speak English Quality of facilities varies
Mid-range monthly budget for a couple Rent (Furnished 2-BR) $750 C$930 Utilities $150 C$186 Groceries $350 C$434 Entertainment $250 C$310 Healthcare (public) for 2 people $ 80 C$ 99 Household help 1x/week $135 C$167 Incidentals $150 C$186 TOTAL US$1,865 C$2,312
Varied lifestyle / climate
Varied lifestyle / climate
Attractive visa options Tourist visas valid for up to 180 days 2x standard stay Temporary visa valid for up to 4 years Get permanent visa from the outset One-time process Valid indefinitely No minimum time required in Mexico Can use assets as well as income to qualify
Rosarito/ Ensenada Loreto Todos Santos La Paz Los Cabos Mazatlan Pto Vallarta San Miguel Guanajuato Queretaro Chapala Merida Riviera Maya Manzanillo Oaxaca Huatulco San Cristobal
Many expat communities Variety of climate / city-size options Some English-only destinations Large, diverse, welcoming communities
Rich, exotic culture Most populous Spanishspeaking country in the world 62 indigenous languages, pop. 15% indigenous Melting pot of immigrants from around the world
Rich, exotic culture 34 World Heritage sites Great food, Day of the Dead, mariachi music, festivals
So What Might You Not Like? Bad PR and naysayers back home Spanish-speaking Few places disabilities-friendly Noise Bugs and critters Bottled water
Is Mexico for You? YES! If You want a destination that is close to home You want a near-first World lifestyle at half the cost You want the option of English-only communities You don t have major physical disabilities You re open to exploring a rich, diverse, exciting culture
Mexico Indepth: Where & How to Live Your Dream Saturday 2:15 3:00 Akimal 4
Gracias!
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