Why Millions of Americans and Canadians are Moving to Mexico?

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Many people dream of moving to a new location retirement when they are no longer tied to their jobs, they want to take off for a warmer climate, specifically people who live in the colder regions in US and Canada, look for year round pleasant climate, where they can pursue their hobbies like fishing swimming, hiking, biking, horseback riding, playing tennis or enjoy other outdoor activities.

For Baby Bomers Retiring is like a second chance at life, they shed their big home and even their cars in search for the perfect place where they can spend their golden years and live the lifestyle they have always dreamed of.

Recently several magazine articles, books, blogs in internet forums reported about a large in fast growing number of Americans and Canadians who consider retiring in mexico.

When specific locations are discussed cities like Merida, Chapala, San Miguel de Allende, la Paz and Puerto Vallarta dominate the conversation, this happens because sizable groups at North American retirees already live in these places.

Here are some Incredible Facts

Many Americans look to Mexico as a cheap place to retire or to start a new business, According to The Times:

“Americans now make up more than three quarters of Mexicos roughly one million documented foreigners, up from around two thirds in 2000, leading to a Historic milestone”

Mexico is the host of the largest American expatriate community in the world. There are more Americans living in Mexico than there are in the Uk or Canada. This trend is accelerating due to the growing US recession.

“We have seen an increase of almost 40% in the number of American citizens making inquiries about the requirements for moving to Mexico” said a New York Mexican consulate official.

Usually there have been 3 kinds of Americans coming to Mexico:

1. An importer exporter with decades of experience working with foreign nationals
2. Retirees looking for a higher standard of living in Mexico than they can have in the US.
3. The professionals who were sent by their companies or were here for business.

But now there are 2 other kinds of Americans Moving to Mexico:

1. Those starting or rising families
2. Entrepreneurs looking for greater opportunities

Here is What Americans say About Living in Mexico

“Top of the list is that the economic benefits of being here allow us both to spend far more time with our son than we would be allowed if we lived the same style of life back in the New York”, “We would both have to work full time and our child would be raised with home help and daycare” said John Rogers, who moved from New York to Merida.

Just a few decades ago it would be impossible to think that a New York couple would decide to have their children be born in Mexico, but now with state of the art medical facilities, communities that support families and bilingual doctors couples are starting to realize that Mexican cities such as Merida, Yucatan are great for rising children. People in Merida are very family friendly, they welcome families with children, they love it. source: alternet.org

Cost of Living in Mexico is very Affordable

One of the great benefits and reasons why many Americans and Canadians are moving to Mexico is because the cost of living is very affordable especially when you convert dollars to pesos your money is worth much more. With the money that it would cost you to live in New york one month, in Merida Mexico you can live 3 months or more depending on how much luxury you are looking for.

For example renting an apartment in New York downtown or midtown would cost you around $2000 to $5000 dollars a month. While Renting a Luxury Condominium in Merida, Yucatan in the best zone would cost you around $1,000 to $1,500 dollars. And you will be living near the best commercial centers including malls, walmart, sams club, Fridays, Mcdonalds, Movie centers, skycrapers, discos and supermarkets.
Here are some difference in Prices:









Source: Numbeo.com

American Retirement Communities

Sure the cost of living is one of the major reasons retired Americans choose Mexico to live, since most Americans are on fixed incomes or depend on their pension. But another great benefit for retirees in Mexico is not just that is close to the United States or its great climate but it also has already many American Retirement Communities which you can find them in:

Ajijic, Jalisco, Guadalajara, San Miguel de Allende, Guanajuato and many other places.


Professionals Working in Mexico

Another reason for coming to Mexico is that many foreign professionals are sent by their companies to work. Many Corporations from America, England and Japan have offices in Offices or Manufacturing plants in Mexico.


A last Word

There are a million reasons why foreign people, expatriate and retirees choose to live in Mexico but the truth is that it is a great and peaceful place to Live at an affordable way of living cost.

• You get to know a different culture
  Have a slower peace of life and environment
  You learn a new language and meet new people
  You can work in Mexico
  You enjoy the great sunny climate
  You can enjoy its Beaches
  You can have a luxury life with half the cost
  You meet friendly people all over
  You get to have the same comfort that you would have at your home country
  and a lot more.