What To Expect When Retiring To Mexico
The United Mexican States has reached the fifth spot on the ten top destinations for retirees in the world. Many North Americans, Canadians and Americans have made the choice on retiring to Mexico mainly due to the exotic climes and affordable cost of living. This has made the country the true utopia for retirees, expats and tourists alike.
The first major reason for the exodus of individuals choosing on retiring to Mexico is the climate. There are two major climates in the country, with the Northern region averaging temperatures between 20 and 24 degrees Celsius while the South is hot and humid between 24 and 28 degrees Celsius. These extreme weather conditions bring about drought during the summer and flooding during the hurricane season. As of late, hurricanes have increased in frequency and velocity especially in the areas near the Carribean Sea and the Gulf of Mexico. There is an ongoing story among expats that it is best to steer clear of the water in the country and at best keep away from the hazardous Mexican peppers for your own stomachs well-being.
Retiring to Mexico also provides the proper atmosphere for those who like shopping. The many flea markets in the city have many one of a kind items from trinkets to expensive silver jewelry, silverware, pottery, hand woven rugs, masks, vases and textiles. You need to have very discerning eye to see if there is any damage on the item you are buying. As for expensive items, do take a second at the price tags and buy only from accredited and reputable shops. If purchasing handicrafts, go direct to the producer to get the lowest price.
Another aspect of life retiring to Mexico is the cost of living in the country. As an expat in Mexico, you would only need to spend one third of the costs compared to living in the United States. The average cost of living the high life in the country is US$2000. You can even spend less when you choose the right neighborhood and expensive restaurants. Finding the right place suitable for your needs and requirements within a reasonable budget is the key in make retiring to Mexico as comfortable and enjoyable as possible. The electric bills you would entail is quite an expense due to the heat. As for other utilities such as gas and water, it would be quite cheap. As for long distance calls, it would cost you a pretty penny so it is better to use the internet and email for much cheaper communication.
So aside from the climate and cost of living, there are some other aspects of life in Mexico you need to be fully apprised of. These include the property prices in the country, the system of taxation and the system of health care available should you choose on retiring to Mexico. As advised in the Expat Forum, you are best to stick to small towns. . . suggest you take a vacation there (or anywhere you are thinking of) before deciding to stay for a few months.
