Expats in Mexico are the happiest people in the world, according to a recent InterNations survey. They surveyed over 18,000 expats from 163 countries, taking into consideration different factors of moving and living abroad. Mexico ranked first – out of 68 countries – for personal happiness. It ranked second for leisure, ease of settling in and cost of living. Thanks to the investments being made in safety and quality of life in the Yucatan Peninsula, many foreigners continue choosing it as their perfect retirement destination. Others find it to be ideal as a snowbird destination.
Perfect Retirement: Settling in is Easy in Mexico
According to other studies, 39% of expats living in Mexico are, in fact, retirees. Out of all expats in Mexico 20% have said that they moved down here for the weather and quality of life. No wonder it ranked second for leisure, ease of settling in and cost of living. 85% of the expats mentioned that settling down in Mexico was really easy. They mentioned the ease with which the local culture has made them feel at home. In fact, if you compare cities such as Sarasota to Playa del Carmen you will notice that it is over 50% more affordable to live in Mexico than it is to retire in the United States.
Another aspect of the survey that made Mexico stand out was the friendliness of the Mexican people. 64% of those surveyed said that Mexicans are some of the friendliest people they’ve encountered. Because of this, it ranks first in friendliness. Over half of them reported that the local’s attitude towards foreigners is very friendly, which is why making friends in Mexico is easy. And the language barrier is no problem. In fact, 96% of them reported that they already speak Spanish to some level.
Expats are Happy with the Financial Benefits of Living in Mexico
But it is probably the financial benefits of moving to Mexico that is the driving force of retirees wanting to move down here. The survey revealed Mexico to be second in cost of living and third in the personal finance index. Actually, 17% of expats in Mexico reported that they have more money than they need.
Overall, Mexico remains a top-of-mind retirement destination for many reasons. But personal happiness is perhaps the most important one. That is why 88% of expats surveyed said they were quite satisfied with their lives in Mexico placing it in fourth place in the overall ranking. And the truth is, that purchasing a retirement home in Mexico is really simple. With so many Mexico real estate options available, it also comes as no surprise that people are choosing this beautiful place to spend their winters and benefit from their home the rest of the year.