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Retirement, Real Estate, and Costs of Living What are your first associations upon hearing the words ‘Riviera Maya’? Probably the turquoise Mexican beaches, all-inclusive resorts and a long history of tourism. However, many people are considering living in the Riviera Maya as part of their retirement plans. Retiring in Mexico is becoming increasingly more popular, […]
Before moving to Playa del Carmen, it’s important to calculate the cost of living and create a budget. Living within your means is important in order to maintain a stable and happy lifestyle. Fortunately, Mexico is rather cheap for people whose main income is in dollars, euros or British pounds thanks to the drop in […]
Approximately 2 million American expatriates are currently living south of the border according to The Guardian and several other international publications. This number is increasing every year. This coming from one of America’s largest demographic populations that are starting to come of age. Even with the political strain between Mexico and the United States, it […]
Congratulations Northeast! Your states were ranked as being among the Top 10 priciest states to live in the United States. According to MSN Money and Kipling, Manhattan, Stamford and Boston shined bright when it comes to highest costs for real estate and general living expenses combined. So while you North Eastern baby boomers are still […]
On a fairly regular basis – in fact, whenever I write about the cost of living or property expenses in Mexico, I emphasize that property taxes are virtually a non-expense in Mexico. However, it’s always necessary to see cold, hard numbers. While there are variables in the calculation, I find that property taxes are usually […]
One of many motivations for moving to Mexico is that labor here costs very little – even paying a better-than-average wage is much less than what you would pay in the US or Canada. This is part of the more general benefit of a low cost of living. Even Americans who really couldn’t have considered […]