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Mexico, second best country to retire: International Living

By Tribune Travel

November 03, 2023

Mexico was chosen as the second-best place to retire by readers of International Living. The Annual Global Retirement Index chose just Portugal ahead of Mexico. These are the advantages Mexico offers to retirees.

Natural and cultural richness

Mexico, a nation approximately three times larger than Texas, boasts a diverse array of landscapes, climates, and cultures. From its expansive deserts to its lush rainforests, Mexico offers a captivating blend of natural beauty. Its climate varies from tropical in the coastal regions to arid in the northern parts of the country. Moreover, Mexico’s rich cultural heritage is a tapestry woven with influences from ancient civilizations such as the Aztecs and Mayans, as well as Spanish colonialism. This amalgamation of traditions, languages, and customs creates a vibrant and unique cultural mosaic that is truly captivating.

People gathered at Chichen Itza during equinox

 

Easiness of transportation

Mexico offers unparalleled convenience for travelers with its extensive transportation infrastructure. The country boasts a multitude of international airports, ensuring easy access for visitors from around the world. These airports provide direct flights to the United States and Canada.

Mexico is also easily accessible by road. The country is linked to major cities in the United States, such as San Diego, San Antonio, and Albuquerque, through a comprehensive road system.

So, start planning your retirement to Mexico and experience the convenience and accessibility that this incredible country has to offer.

Woman accessing Cancun egates

 

Tech-friendly connectivity

Mexico also boasts a modern infrastructure that includes reliable internet, electricity, and cell phone service. This means that when you are a local resident, you can stay connected and enjoy the convenience of these essential services.

Moreover, Mexico is home to a wide range of familiar brands that you may already be accustomed to. From telecommunications giants like AT&T to e-commerce platforms like Amazon, you can trust that these well-established companies have a presence in Mexico, offering their products and services to cater to your needs.

A vibrant expat community from city vibes to beach bliss

Mexico has become a popular destination for Americans and Canadians seeking a new home, with over 1.6 million Americans and half a million Canadians already making the move. Whether you choose to settle in a bustling city or a tranquil beach town, you can be sure to find a vibrant expat community wherever you go.

Additionally, the expat community in Mexico is known for its welcoming nature and willingness to help newcomers settle in. You’ll find that fellow expats are more than happy to share their experiences, offer advice, and provide a helping hand when needed. This sense of camaraderie creates a supportive environment where you can easily make friends and build a network of contacts.

San Miguel de Allende street

 

No language barriers

While speaking Spanish can greatly enhance your experience, it is not a prerequisite for a memorable experience. Whether you are fluent in Spanish or not, you can rest assured that you will usually find someone who speaks English and is willing to assist you. So, don’t let language barriers hold you back from exploring the wonders of a Mexico. Embrace the opportunity to learn and communicate, but also take comfort in the fact that you can still have an incredible experience even without speaking the local language.

In-style, yet affordable living

If you are looking for an affordable way to live a comfortable life in your retirement years, Mexico is the perfect destination for you. It’s important to note that your expenses will depend on your location and lifestyle choices.

However, Mexico offers a wide range of affordable options for housing, food, and entertainment. You can choose to live in a bustling city or a peaceful beach town, and still enjoy a comfortable life without worrying about your finances.

One of the biggest advantages of retiring in Mexico is the significantly lower healthcare costs. In fact, healthcare expenses are at least 50% lower than in the United States. This means that you can receive quality medical care without worrying about the high costs associated with it.

varadero-beach-nuevo-vallarta-2

 

Long-term residency available

Living long-term in Mexico is a breeze, thanks to the various options available for residency. As a temporary resident, you have the opportunity to stay in the country for up to four years, with the convenience of renewing your visa annually. This flexibility allows you to fully immerse yourself in the vibrant Mexican culture and enjoy all the wonders the country has to offer.

For those seeking a more permanent solution, a residency visa is available. To qualify for this visa, you need to demonstrate a minimum income or pension of approximately $4,400 per month or maintain an average bank balance of around $180,000 over the past year. The beauty of this visa is that it never expires, providing you with the freedom to stay in Mexico for as long as you desire, without any minimum time requirements.

Applying for either temporary or permanent residency is a hassle-free process. The Mexican government has streamlined the application procedure, ensuring a smooth and straightforward experience for applicants. Whether you choose to become a temporary resident or opt for permanent residency, you can rest assured that the process will be efficient and hassle-free, allowing you to focus on enjoying your time in this beautiful country.

Tourists walking on Los Cabos streets

 

Retirement havens for all tastes

Mexico offers a plethora of retirement havens that are spread across the country, each with its own unique charm and appeal. Whether you choose to settle in the vibrant city of Mexico City, the picturesque coastal town of Puerto Vallarta, or the tranquil colonial city of San Miguel de Allende, you are guaranteed to be greeted by warm and welcoming locals who are eager to share their rich cultural heritage with you.

In addition to the friendly locals, Mexico boasts a fascinating culture that is deeply rooted in history and tradition. From ancient Mayan ruins to colorful festivals and vibrant street markets, there is always something new and exciting to discover. Immerse yourself in the local cuisine, try traditional dishes like tacos and tamales, and indulge in the vibrant music and dance that permeates the streets. The cultural experiences in Mexico are truly unparalleled and will leave you with memories that will last a lifetime.

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