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Thursday 20 September 2012

Mexico Retirement Adding Romance to Your Relinquished Life

Retirement is the time to give all the love and attention to your life partner that the latter has missed all those years when you were working under hectic schedule. It’s the time to pay back those golden moments that you have missed and the easiest way to achieve all this is through planning for the Mexico retirement. Mexico is regarded as the most romantic and beautiful place and is best for the people who have retired or going to retire in the near future. All the retired couples must visit or settle down here as the place will fill their life with energy, romance and adventure. For example-: a popular event called danzon, a slow ballroom-style dance only for the Mexican seniors held every week.

Mexico is best suited for retired people and investing in property here will provide all essential personal requirements that may include size, security and proximity to essential services. We all have the right to enjoy life and that too at our dream homes. At all times property is the major asset for anybody directly or indirectly. If you are not staying on any property, renting the same would bring handsome amount on monthly basis and if you are actually staying on that property, it is still gaining value and appreciation.

The major concern for retirees is the cost of living that includes renting, entertaining, grocery shopping and dining out which is cheaper than US, along with minimal property taxes, utility bills and transportation costs; thus savings throughout the year. Also Mexico is the land of cultural activities with government sponsored theater, concerts, dance, chamber music, and film and food festivals organized round the year.

The various reasons that make Mexico the favorite spot for retirees are-:
  • Cost of living-: As compared to US or Canada, the cost of living is comparatively less.
  • Healthcare-: The healthcare insurance and facilities are cheaper than US with world class quality facilities. For the Americans who can’t speak fluent Spanish, most of the hospitals have multilingual staff and specialists.
  • Property-: Buying a property here is almost half the price what you expect and pay in US or Canada and it is important to know that any foreign resident can purchase property here and can pass on to his heirs as well.
  • Taxes-: Property and other taxes are also less as compared to US and a person who is not the citizen of Mexico and derives most of their income from outside does not have to pay the Mexican income tax.
Choice of retirement destination is based on inherent characteristics of a place that include— climate, local culture, and visa, tax, property policies altogether.

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