For many Americans, the dream of retiring is just that, a dream. With the rising cost of everything from rent to healthcare to even a dozen eggs, most people can’t even fathom saving enough to fund their retirement. What’s more, many Americans have seen their retirement accounts nearly cut in half.
Retiring in Mexico
Instead of foregoing retirement indefinitely, many Americans have chosen to retire in Mexico. Mexico is appointed with beautiful beaches and countryside, a high quality healthcare system, and a warm moderate climate all at a very reasonable cost. The cost of living in Mexico can run as low as $1,800 USD per month for a couple.
The healthcare system in Mexico is another selling point for many American expats. Mexico’s healthcare system consists of both a public and private sector. Although the out of pocket healthcare costs are far lower than in the US, you will likely want to purchase health insurance if you plan to retire there.
If the thought of retiring to Mexico seems enticing to you, it is a good idea to plan a trip and explore some possible destinations. Mexico is a geographically diverse country, home to some of the most beautiful places in the world. According to US News and World Report, the 10 best places to retire in Mexico include:
- Puerto Vallarta
- Ajijic, Lake Chapala
- Mexico City
- San Cristobal de las Casas
If you are visiting from the United States, you can stay in the country for up to 180 days as a tourist without a visa. For longer stays, or if you decide you would like to retire in Mexico, you will need to secure a Mexico resident visa.
The world is your oyster, why not explore it in Mexico. For more information on the many benefits of retiring in Mexico, sign up for our 10 part email series. There can be so much more in store for you than you ever thought possible.