Approximately one million Americans have already found their way to Mexico and although not all of them are retiring, numbers show people from different countries all over the world relocate to enjoy their free time and a new life in Mexico.
And they do so for very good reasons. A lower cost of living means your money will get you a lot further than in many other places and people are able to live comfortably without having to worry about increasing expenses.
Health care and home support are a lot cheaper than in many other countries. The infrastructure is good in developed areas so good quality Mexican healthcare is easily accessible and there are also great health insurance options for foreigners.
The pace of life in Mexico is slower than in many Western countries, which is perfect for those who aren’t in a hurry and want to relax. And not just the weather is always warm, Mexicans are known for being friendly and welcoming, which makes a lot of people feel at home right away.
You can live in springtime year round or retreat on a warm, sunlit beach. According to National Geographic one of the places with the best climate in the world can be found in Mexico. So it surprises no one that the small villages surrounding lake Chapala are a popular destination for people to live. The low humidity and perfect distance to the coast make it a pleasant spot year round.
If you’ve never been to the country and want to find out if Mexico is for you, enter on a tourist visa, which allows you to stay for 180 days, plenty of time to find out if you want to stay longer and apply for a more suitable type of residency.
You can apply for a retirement visa, pensionada, when you can prove your monthly income is at least USD2200 or you have an investment or bank accounts with an average monthly balance equivalent to $85000 for twelve months.
Living in Mexico on a retirement visa means you are not allowed to engage in any kind of employment so if you wish to start your on business or do something on the side you will probably need a different kind of residency.
Here are some of the ways to live in Mexico:
Through investment:
Through your Family:
Youth Mobility Visa:
Here are some of the ways to get citizenship in Mexico:
Through Birth:
Through investment:
Through your Family:
The passport for Mexico allows you to travel to 138 countries without a visa.
Its global rank is 52.
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