Did you know that Mexico is one of the best places in the world to retire? Are you getting close to retirement and pondering over your options? Some people decide that they want to move to a warmer climate for retirement. As a result, Mexico is one of the most popular countries in the world for expats that want to retire in paradise. There are so many reasons why Mexico is a great place to retire. Many people choose coastal towns to retire so they can enjoy the beach life during retirement. For example, the country has tons of natural beauty, a warm climate, outdoor activities, affordable and quality healthcare, and a general lower cost of living. In the meantime, keep reading more about why retiring in Mexico could be a great decision for you.
Why Retire in Mexico?
For starters, Mexico is a great place to retire if you’re looking for a more relaxed and peaceful place to live. The laid-back culture and friendly residents make it a great place to move for retirement. In addition, many expats find they can improve their lifestyle by moving to Mexico. For example, many expats find it easier to eat healthy, socialize more, and be more active when they move to Mexico. Since the cost of living is more affordable in Mexico when compared to other countries in North America, people can eat healthier and spend more time enjoying special moments each day. Plus, U.S. citizens are able to receive their Social Security payments while living in Mexico, and have them deposited directly into a Mexican bank account to cover living expenses.
Resident VISA for Expats
In terms of immigration, moving to Mexico is a fairly simple process. In terms of resident VISAs, the application process is straightforward and can be started in your home country. Usually, the Mexican government only requires that expats show evidence of income to prove they can afford to live in the country. Also, many people decide to retire in Mexico because of the close proximity to the United States so it’s easy to jet back and forth to visit friends and family back home. If you only plan to live part time in Mexico, American tourists can stay in Mexico for up to six months on a standard tourist visa. Therefore, many snowbirds and retirees that live in tropical coastal towns stay half the year in Mexico, and then leave and go back home for the summer. If you want to obtain citizenship in Mexico, you need to be a resident for 2 to 5 years before you apply, have basic Spanish language skills, and a reasonable understanding of the history and culture of Mexico, too.
Top Destinations to Retire in Mexico
Although real estate prices in Mexico have been rising over the last few years, luxury beachfront real estate is still more affordable than in the States or Canada. More foreign residents are moving to the country which is driving prices up. Also, residential mortgages are now available through Mexican banks for national citizens helping them finance their home purchase when in the past cash was usually required. If you want to retire in Mexico and enjoy a pleasant beach lifestyle, you may be wondering where to buy. Currently, the most popular destinations for expats to move include Puerto Vallarta, Merida, Cabo San Lucas, Playa del Carmen, San Miguel de Allende, and Sayulita. in Puerto Vallarta, Lemuria Residences is a new development that is the ideal place to retire. The spacious and luxurious condominiums also come with incredible onsite amenities and services, too.
It’s easy to see why so many people want to retire in Mexico. Remember, if you’re in the market to buy beachfront real estate for your move, Puerto Vallarta is a great place to invest. There, you can find all the modern conveniences you want along with small town authentic charm that people love. In terms of where to invest, Lemuria Residences is a new development located in PV’s exclusive south shore that has beautiful beaches and luxury properties. Lemuria Residences are luxury condos that also come with world class amenities and services so that every day of retirement will feel like a vacation. Contact them today to learn more!