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All the Reasons to Consider Retirement in Mexico
When time for retirement starts closing in, it’s time to consider a place to retire to. Many people stay home and carry out their retirement there. But others are keen to spread their wings and fly. They consider heading out somewhere new, where that new breath of life is waiting. That is why so many people place the Riviera Maya in Mexico at the top of their list. It might be the weather, the lower cost of living or even the fulfilment of living abroad. Mexico has everything, which is why it is the perfect place to seek retirement. Take a moment to write down all the elements that you and your partner will want and need in selecting a retirement destination. Then start a shortlist of places that will satisfy the criteria. We bet that Mexico is at the top of the list!
When living in North America, you have several choices to live out the best years of your life. You could select Europe, Hawaii, or somewhere in the Orient. Whichever countries you are researching, make sure you do all your due diligence when comparing what best suits your specific requirements. But at the same time, don’t forget to listen to your emotional urges to live in a place that keeps popping up in your mind. And we certainly hope that place is the Riviera Maya. In all honesty, there are no shortage of reasons to consider this piece of paradise.
Just recently, International Living rated Mexico 3rd out of 10 on its annual report The World’s Best Places to Retire in 2019. Even though Mexico wasn’t number one, you have to consider the approximate location to your home country and family. Living in North America, most retirees and expats can be less than a 3 to 6-hour plane flight from home. The following reasons will help you complete that long-visited list of why you should consider retirement in Mexico.
The Cancun International Airport
This ever-growing airport is conveniently located on the tip of the Yucatan Peninsula, just minutes away from the Riviera Maya stretch. It is an ideal location that can be used as a home base to explore other worldly destinations. In fact, the Cancun International Airport is the second largest and busiest airport in Mexico, right after Mexico City’s. Moreover, it is one of the country’s state-of-the-art airports. It is constantly improving its infrastructure and completed its fourth terminal in October 2017. Cancun’s airport is Mexico’s most popular ports-of-call for tourism. It provides multiple means of transportation to almost anywhere on the Peninsula. You can choose from luxury bus lines, shuttle services, taxi services, and reliable public transportation.
Near perfect year-round weather
Once you arrive in Mexico, you can toss your coat, sweater and boots in a box and store them away – for good. The Riviera Maya’s daily temperature rarely fluctuates throughout the seasons. The daytime highs in summer range from the low to mid 90s, and the evenings settle down to the mid and upper 70s. The colder months level off into the low to mid 80s, and a relaxing 70 to 73 degrees after the sunsets. These types of temperatures make every day a beach day. Mexico is all about outdoor living day or night. Can’t ask for any better weather than this. Especially for your long-awaited retirement.
Enjoy a Caribbean lifestyle
If having fun in the sun and being surrounded by the Caribbean Sea sounds like the perfect place for you, move down here now. The Riviera Maya has made several Top 10 lists as having some of the most beautiful beaches in the world. Here is where the turquoise waters meet up with the fine, white sand. Imagine strolling along where the soft sand gently massages your feet, the warm tempered waves splash against your legs, and palm trees sway subtly above your head. It’s not longer a dream, but a reality.
The cost of living is unbeatable
Living a comfortable lifestyle on a modest amount of money is no problem at all in Mexico’s Riviera Maya. With inexpensive entertainment, low taxes, and bargain shopping, you can enjoy a comfortable – and sometimes luxurious – life. Other contributing costs of saving factors include the USD to Mexican Peso exchange rate and low property taxes. The latter makes owning a home very affordable. You will rarely need a car, because public transportation is very reliable and inexpensive. Likewise, walking around or biking is great due to the proximity of it all. Visiting nearby communities can be as easy as catching a colectivo or flagging down a taxi.
Modern infrastructure, modern comforts and stable government
Mexico has a very modern infrastructure that includes running water, sewer systems, water purification plans, and a very reliable electrical grid. Likewise, services such as Wi-Fi are offered everywhere, and many times it is free. Internet cabling reaches most places and has a reliable speed. When it comes to shopping, you will find familiar retailers, grocery stores, and outlets selling all modern conveniences of home. Lastly, the Mexican government has been and continues being stable. It also has plans to continually enhance the country’s notable reputation for being safe and very protective of its tourists. Don’t hesitate to let your guard down once in a while and enjoy life as it is meant to be.
Other factors for the best retirement in Mexico
Other worthwhile benefits are the fabulous cuisines, the ease of travel between regions (especially with the upcoming Mayan train), a welcoming culture and festive environment. These are only a few of the reasons why Mexico is the perfect retirement destination, and why it has topped many international lists.
Most importantly, however, is the ease of purchasing real estate in the region and becoming a happy homeowner in Mexico. You will find new developments which are thought out as perfect for retirement, such as Starlight Towers in Playa del Carmen, with its indoor patio and smart architecture. Or if you prefer Tulum, you will find places such as Puerta Azul, which offer open-plan condos perfect for entertaining visiting friends or family.
Top 5 Reasons to Retire to Mexico
About half of all Americans and Canadians are experiencing stress about being able to retire comfortably. But the good news is that while those fears may be well-founded for those who decide to stay home, others who are interested in moving may find a better option to the south. The International Living Global Retirement Index recently released their rankings on the best places to retire, and Mexico was ranked as the penultimate destination. From the quality of life to the culture to the climate, there are innumerable reasons why retiring to the Mayan Riviera is an excellent option. Here are the top five reasons why you should retire to Mexico.
Cost of Living
Many retirees are living on a fixed income which is often a challenge to get by on in our increasingly expensive world. However, in Mexico, a couple can easily live on as little as $1,500USD per month, including housing and healthcare. A couple can easily grab a round-trip taxi, a fancy dinner and do some shopping for less than $20USD. Moreover, there is no need to be thrifty.
Thanks to such a low cost of living, individuals with what might seem like a low income can still live a full and active life when they retire to Mexico. Exploring ancient Mayan ruins or deserted beaches might be a great option for the more physically able. Or for those who prefer to stay city-side there is no shortage of restaurants or amenities. Moreover, there are hundreds of inexpensive flights available to destinations all over the Americas.
With a mean annual temperature of 75-77 °F (24-25 °C), the Mayan Riviera is an ideal destination for anybody looking to escape the cold and dreary weathers we experience in most of the rest of North America. Cooling down is never a problem. Between the pristine beaches along the coast, beautiful cenotes located all around the area, or the full amenity pools open to guests at countless resorts and beach-side clubs, there is no excuse.
For those who are over 60 and are legal residents of Mexico, the public healthcare system is completely free! And for those who are taking advantage of an early retirement, public healthcare can be acquired for a mere few hundred dollars a year. Even private health insurance can be purchased for less than half the cost of US prices. Besides, medical tourism in the Riviera Maya has become increasingly popular due to the state-of-art technologies and professionals. This is one of the top reasons why Americans and Canadians decide to retire to Mexico.
From Day of the Dead to Mexican Independence Day, there is no shortage of celebrations and events to take part in to celebrate the incredible history of the country. On days without national celebrations, you can still take part in any number of activities. These range from shopping, fishing, sunbathing, diving, biking, mountain climbing, parasailing, collecting crafts, going to concerts, or fine dining. The list is endless!
Retire to Mexico Today!
So, start planning your very-well reserved retirement in the most beautiful part of Mexico – the Riviera Maya! Thousands of Americans and Canadians have already decided to retire to Mexico, living an affordable, comfortable and enticing life. There are also thousands of retirement-friendly communities, properties and options. And they’re just a phone call away.
And remember, at Top Mexico Real Estate…we make it happen!
A Quick Guide to a Mexican Golfing Retirement
A Quick Guide to a Mexican Golfing Retirement is a contribution by Chrissy Jones.
With some of the best all-inclusive golf resorts in the world, it’s natural to assume that Mexico takes its golfing seriously. With 11 of these courses based in Cancun alone, it’s a haven for the golfing enthusiasts. The real estate market also loves golf courses. Because of this, they add a significant amount of value to the properties in the area. For retirees, good properties and plenty of golfing is the perfect combination. Mexico offers some of the best retirement spots, now with the added advantage of including a swing at golf.
Golfing Paradise at Baja and Las Palomas
Mexico is not necessarily known for its golfing. But an increased focus in the sport has resulted in two of the top ten golf courses in Latin America to be in Mexico. Jack Nicklaus designed the first, Cabo del Sol in Baja. At 36 holes, this is not a course to be trifled with. The second is designed by Forrest Richardson and is based in Las Palomas. This course features 18 holes, which is perfect for a quick round on a Sunday. Both Baja and las Palomas offer retirees the ideal mix of real estate to keep their purses and comfort levels satisfied.
No Need to be a Pro
Retirees who wish to take up golf as a hobby after retirement don’t need to worry about learning the perfect swing or putt. Plenty of beginners are retirees. In fact, many of the gated estates and resorts offer beginner golfing to their residents. This is a trump card on the real estate front. You can find many of these residences in the Riviera Maya, such as this one in Bahia Principe. Retirees don’t have to worry about starting out their golfing hobby in retirement, as many of them do. This is because many retirees never had the opportunity to take up a hobby before due to lack of time. Residents can request golfing lessons at the local golf courses. Participants can decide when they’re ready to go out on their own.
Luxury is Part of the Package
From the Tom Fazio signature golf course in Chileno Bay to the Jim McLean Golf School at Banyan Tree Mayakoba, luxury and golf go hand in hand. Sprawling residential resorts that offer more than just great views are the ideal location. Here, retirees can rest their wandering feet on Mexican soil. These destinations offer other spoils such as spa access and exclusive outdoor activities, as well. For retirees, this all comes at affordable prices and the temperate weather is a bonus.
From the sprawling beaches that provide the perfect backdrop to a great day’s golfing, to world-class accommodation, retiring in Mexico is one for the young at heart. With fresh greens and crisp lawns, there has never been a better time to take up golf.
Retiring to Mexico: The Best Choice for You
When you’re thinking of your retirement, there are many things to consider. Amongst those, is the ease with which you will be able to move around. This means actually living in a city that is relaxing, close to everything, and where transportation is at hand. A place that requires you to drive everywhere most likely means traffic, and nobody wants to deal with such things during their retirement. It’s your turn to sit back, relax and enjoy. That is why retiring to Mexico has so many benefits. In fact, it is one of the top destinations in the country for Americans and Canadians to spend their golden years.
There are many benefits to retiring in places such as Playa del Carmen. Not only do the big expat communities help each other out constantly, but the quality of life is impressive. Walking everywhere is easy, everything is nearby, there are plenty of things to do, and there is also a great infrastructure.
One of the perks of retiring to the Riviera Maya is its top-notch medical industry. Many English-speaking professionals work here and cater to the well-being of American and Canadian expats. Retiring to Mexico means having the best possible medical care at hand with many private clinics and dentist’s offices available.
Money Goes A Long Way
The Mexican peso is constantly fluctuating and the dollar gains more and more strength against it. While that may be bad news for our Mexican friends, it is a great opportunity for Americans and Canadians. Dollars will go a long way here not only because of its value but because living in Mexico is very cheap in comparison to other countries. Not only when it comes to real estate but also with simple things such as a meal out in a restaurant, or grocery shopping and even transportation.
Retiring to Mexico Increases Quality of Life
The Riviera Maya is a friendly and welcoming place. It is home to a close-knit community that will help you find anything or recommend places to visit. Many people will also willingly volunteer to help you in translating documents, instructions, or anything else you may need. But because Mexicans are so friendly and open to foreigners, the quality of life is much better, too. Friends are found around every corner. Great food is served in every restaurant. Beers and cocktails flow by the beach nonstop. Activities to do include swimming, snorkeling, diving, yoga, fishing, and many others that keep everyone young at heart.
Moving Around in Mexico
If for some reason you decide to use a vehicle, there are many trusted rental cars that offer incredibly low prices in comparison the USA. Renting a car to pick friends up at the airport, or to get around is an easy and affordable process. However, the transit system (bus and colectivos) are very reliable, timely and good. There are a few terminals scattered around the Riviera Maya that will take you anywhere and bring you back.
Year-Round Warm Weather
The weather in the Riviera Maya is very consistent with the sun always shining and warm temperatures throughout the year. The average temperature is 28°C, while it can fluctuate anywhere between 22°C and 36°C. The weather makes it a great place to retire due to the amount of activities one can enjoy under the sun.
All in all, there is no reason to avoid retiring to Mexico. It is affordable, fun, friendly, beautiful, and offers a great deal of Americanized standards that you are used to. Shopping is easy and cheap and moving around either driving or in public transportation is no hard feat. Mexico is definitely the number one choice for you to retire.
5 Reasons to Retire to Mexico
5 Reasons to Retire to Mexico is a contribution by Crystal Tost from Re/Max.
When trying to decide on the right country for retirement, you will find that there are many options available. Many countries can dispute the pros of retiring there. However, there are several reasons why many Canadians and Americans choose to retire to Mexico. In fact, here are five great reasons to call Mexico home after retiring.
For those who currently reside in Canada and the United States, Mexico is a great retirement destination due to proximity. As part of North America, Mexico can easily be reached by car from any country. Moreover, flight routes are available between major destinations between the United States and Canada and Mexico, such as Cancun. Not only does this help to make the move easier, but it also makes it easier to travel back and forth to your home country to visit relatives and friends.
Cost of Living
Everything from real estate to groceries is cheaper in Mexico when compared to Canada and the United States. This means you can afford to purchase more luxurious accommodations while also enjoying the lifestyle you seek. Or, if you simply want to maintain your current lifestyle while making your dollars stretch further, living in Mexico can help make it happen. In addition, due to the country’s strong tourist economy, you can easily rent out your retirement property if you decide to head back to your home country for an extended stay.
Language and Culture
While Spanish and several native languages are the official languages of Mexico, many residents speak English, too. This is particularly true in the service industry and in those areas that are popular amongst tourist and expats such as Playa del Carmen. This can make the process of moving to the country, purchasing real estate and navigating through the country once becoming a resident a whole lot easier.
Of course, if you want to enjoy a wonderful cultural experience, you can also very easily choose a location that will allow you to submerge yourself entirely in the Mexican culture. The government system is similar to that in the United States and Canada, too. Couple that with the diversification of products and goods, the cultural experience is not too vastly different from what you are used to.
While the quality of healthcare provided will vary from one location to the next, healthcare standards are generally very high in Mexico. This is particularly true in the bigger towns and cities that are popular retirement locations. Here you can typically find doctors, dentists, hospitals and specialty medical providers. Not only do they offer high-quality services, they also do so at a fraction of the price you would pay back home. If that’s not enough to convince you, many of them also offer their services in English.
With its wide range of topography and climates, you can very easily live whatever type of lifestyle you desire. Mexico is conductive to enjoying an active, outdoor lifestyle. But you can also enjoy living life at a leisurely pace. After all, the country has a laid-back vibe and warm and welcoming citizens. For those who want to retire in the Riviera Maya, they’re in for an amazing laidback lifestyle. Hit the beach every day and take a stroll amongst the lively coastal towns it offers.
Retire to Mexico Today
These are just five reasons to consider Mexico your retirement home. Spend those golden years in this wonderfully cultural country. Places such as the Riviera Maya are great expat retirement hubs. These are just a few of the many reasons almost 2 million Americans call Mexico home. If you want to spend your golden years sipping margaritas by the beach in a year-long warm climate, you should definitely retire to Mexico.
Top 3 Neighborhoods to Retire in Playa del Carmen
You are coming up on those well-deserved golden years and have decided to retire to the beautiful beach town of Playa del Carmen. That’s an excellent decision. Retirement south of the border isn’t only more affordable, but also gives you a higher quality of life. Strolls down the beach, delicious lunches and dinners, the ability to travel to amazing destinations that are just a car ride away. Thus, Playa del Carmen is definitely the perfect place to retire to.
But, given that there are so many neighborhoods in the area, it feels almost impossible to pick the right one. We have been helping clients find their perfect home in Playa del Carmen for over a decade, and we’ve certainly picked up insider knowledge of which neighborhoods consistently attract buyers. Property in these three best-selling areas might have a more significant initial cost, but the value of your property will increase at a faster rate. And if you’re a snowbird retiree, you can always benefit from renting out your property when you’re up north.
We have chosen these three neighborhoods as the best ones to retire to in Playa del Carmen.
RETIRE TO A PRIVATE BEACH Enclave
One of the most popular areas in Playa del Carmen, and where many expats live, is Playacar. This beautiful gated community has a professional golf course, access to the beach, and plenty of commercial zones. There is really no reason to leave the area. The subdivision is safe and walkable. The best part is that its main entrance leads into the world-famous Fifth Avenue. There, you will find an array of amazing restaurants, shops, bars, and much more.
The Real Estate Engine of the City
Little Italy is the beating heart of Playa del Carmen. And it is one of the best-selling neighborhoods in the city. It is an ideal place for walking around everywhere, especially since it is lined with mature trees offering a breezy shade. Those looking to make the most of the city should consider this area. It is near the beach and surrounds Fifth Avenue. Besides, who would refuse living in an area lined with Italian restaurants?
El Centro of Playa del Carmen
The Downtown area of Playa del Carmen is one of the most popular ones, as it is close to everything. From supermarkets to medical centers, to the most visited touristic areas, you will find it all here. It is a great compromise between convenience and affordability. Downtown is an exciting location to explore Mexican culture and mingle with the locals and there are plenty of excellent available properties around.
Keep in mind that there is no such thing as the perfect area to live in. Therefore, options depend on your budget, lifestyle and wish list. Visiting the neighborhoods at different times and talking to local expats is a great way to learn about the pros and cons of each neighborhood. Above all, you need the find the right fit for YOU.
You can also get in touch with our Buyers’ Representatives to learn about available real estate options in Playa del Carmen and for further information on each neighborhood.
And remember, at Top Mexico Real Estate…we make it happen!