Do you know that there are more than one million citizens from the United States and Canada that have moved to Mexico? It’s true! Every day, it seems that more and more foreigners are deciding to leave their home countries and move to Mexico.

Out of the entire world, Mexico is one of the most popular countries for expats. If you are from the US or Canada, you can get to Mexico quickly by flight or even on a road trip.

Currently, Mexico has more conveniences such as excellent highways, international airports, and reliable internet service that make life more comfortable for expats.

Plus, Mexico provides a laid-back lifestyle, a rich culture, and tasty foods. Wondering where to move? A top destination to buy real estate in Cabo San Lucas which is on the Baja California Sur peninsula.

Meanwhile, keep reading below to learn more tips for living in Mexico.

The cost of Living is Lower

For starters, if you want your money to go further, then you can do that in Mexico as the cost of living is lower. Many foreigners say that the cost of living in Mexico is 50% less than in the US or Canada.

That way, expats can enjoy a more comfortable life with less money. The people in Mexico are very friendly, and if you would like to live in a warmer climate and enjoy a slower pace of life, then Mexico may be what you are looking for.

A great place to move is Cabo San Lucas. If you want to buy a beachfront home that comes with resort-quality amenities and services, check out Villa La Estancia.

We offer a unique hotel-condo concept property that is located on the best beach in Cabo. Our beachfront residences are spacious, and luxurious, and have great views of the Sea of Cortez.

This article may interest you: What are the Benefits of Fractional Ownership?

Healthcare Information

Secondly, another important feature you will have if you move to Mexico is they offer quality healthcare for ex-pats. In 2023, there is convenient access to affordable medical care, hospitals, and professional healthcare in Mexico.

A foreign resident can get healthcare through two care plans in Mexico. One is free and the other one is quite affordable. Expats can also purchase private healthcare insurance that is also affordable.

Most of the Mexican doctors speak English, especially in tourist areas and larger cities including Cabo San Lucas. In addition, most of the medicines in Mexico don’t require you to have a prescription either.

A regular doctor visit costs approximately $40 dollars out of pocket which is very affordable. If taking good care of yourself and your family is important to you, a move to Mexico could give you better access to quality healthcare without busting your budget.

Check out our latest blog post: Should I Invest in Mexican Real Estate?

Sunny and Warm Climate

Next, another major perk for ex-pats that have moved to Mexico is the climate in many top destinations is usually always warm and sunny year-round.

Mexico is a large country that has a different climate depending on where you move, so you will be able to find a place where you will love the climate.

The coastline has warm and sunny days. Up north in Mexico is less humid and cooler. Many foreigners choose to live by the beach, and the warm climate allows them to enjoy numerous outdoor activities throughout the year.

A popular location to move in Mexico is Cabo San Lucas. With mostly sunny days all year long and a dry climate, people really love the great weather in Baja.

Thanks to the excellent climate, residents, and visitors love that they can partake in a variety of outdoor activities any time of the year.

Read some of Cabo Real Estate Advice.

Learning Spanish

Lastly, some ex-pats get by just fine without knowing much Spanish, especially if you are in a tourist destination. However, you may want to try to learn some Spanish if you decide to move to Mexico.

There are private lessons available in person or online, and there are also Spanish group classes, too. You will be able to meet new people if you go to the group classes.

Once you have learned to speak Spanish, it will make it easier to get around Mexico. Plus, locals really appreciate it when ex-pats try to learn and speak Spanish as well.

Visit this post: Expat Dreams in Mexico.

It is easy to see that Mexico has so much to offer to people who want to move to Mexico. You can find the lifestyle you want in Mexico.

Mexico has a rich culture, stunning natural beauty, and delicious foods, and the locals are friendly and welcoming. It is easy to see why so many US expats have moved to Mexico.

Remember, if you want to buy a home in Mexico, check out Villa La Estancia in Los Cabos. We have a limited number of beachfront residences for sale that are comfortable, luxurious, and elegantly furnished.

Plus, our hotel-condo concept property is low maintenance so it’s easy to simply pack your bags and move right in.

Also, we have world-class resort amenities including multiple pools, a spa, a fitness center, room service, jacuzzis, and excellent onsite restaurants. Contact us today to learn more!

Do you have some Expat Dreams in Mexico? If so, you aren’t alone. Each year, more and more people are choosing to leave their homes behind and move down south to become permanent or part-time residents in Mexico.

Many foreigners choose to move to Mexico because they yearn to enjoy a more laid-back and happy existence. Plus, there is quality and affordable healthcare and the cost of living is lower. Plus, premium oceanfront real estate is less expensive than in the States or Canada as well.

Also, in top destinations such as Puerto Vallarta and Riviera Nayarit in Banderas Bay, the weather is warm and sunny nearly all year long so there’s always something fun to do if you like being outside.

Do you want to start living your dream life and move to Mexico? If so, keep reading below to learn more about why so many ex-pats make the move to Mexico.

Lower Cost of Living

To start with, one of the main reasons people decide to move to Mexico is due to the lower cost of living. In general, the cost of living in Mexico is lower when compared to the United States or Canada.

Therefore, many ex-pats find that they are able to enjoy a higher quality of life since they end up being able to live comfortably on less money than they would need back home.

In Mexico, the cost of utilities, rent, and groceries are usually much lower when compared to the United States of Canada – That way, people can go out to eat more and do things that they enjoy that they may miss out on at home if money is tight.

Plus, a move to Mexico also allows people to have more time to enjoy things that really matter to them.

This article should be helpful: All About Mexican Property Taxes.

Quality and Affordable Healthcare

Next, in 2023, Mexico’s top destinations including Puerto Vallarta and Riviera Nayarit in Banderas on Mexico’s Pacific Coast have lots of options when it comes to quality healthcare.

There are many excellent English-speaking doctors, surgeons, and private hospitals in the Puerto Vallarta area. Plus, a standard doctor visit will only cost approximately $40-$50 dollars out of pocket. Likewise, prescriptions are also a lot cheaper than they are in the United States, too.

In terms of insurance, ex-pats can also purchase private healthcare insurance at an affordable price in Mexico, and there are also various governmental healthcare options available such as IMSS and the Seguro Popular which are available to ex-pat residents at a low cost.

Check out, What are the Benefits of Fractional Ownership?

Slower Pace of Life

Thirdly, a generally slower pace of life is more attractive than ever. With politics and tragedy occurring all around the world, many ex-pats move to Mexico in hopes of enjoying a more peaceful, slower-paced life.

That way, they can enjoy the little things in life. The rich culture in Mexico is very focused on family and enjoying daily moments as opposed to material possessions.

As a result, many ex-pats in Mexico find they have more time to reconnect with some of their favorite hobbies that they were unable to enjoy back in the United States or Canada because of work or other daily life stress.

What kind of things do you enjoy doing? Do you enjoy reading, working on crossword puzzles, or simply walking along the beach? When you move to Mexico, your life will improve for the better because you will have more time to do things that you enjoy.

You may be interested in Cabo San Lucas Real Estate.

Oceanfront Mexico Real Estate

Lastly, premium oceanfront real estate in Mexico is still more affordable when compared to similar properties in the States or Canada. There are numerous real estate options in Banderas Bay. There are tons of new condominiums for sale, private homes, lots to build, and more.

Plus, ex-pats can purchase real estate in Mexico legally through a bank trust. You can move to Mexico, and own that dream home that you always wanted. In the Nuevo Nayarit neighborhood of Riviera Nayarit, you can find Villa La Estancia which has luxury beachfront residences for sale.

Our unique hotel-condo concept property is an ideal low-maintenance home for upscale homeowners who want only the best. Located on one of the best beaches in Banderas Bay, it is premium oceanfront real estate.

Plus, our homeowners enjoy access to our onsite world-class resort amenities and premiere services, and we have 24-hour security, too.

Do you have ex-pat dreams of moving to Mexico? Are you wanting to live an ex-pat life that you’ve only dreamed of? If so, check out the Villa La Estancia. Right now, we have special all-inclusive travel packages on sale so you can visit paradise.

During your stay, ask to sign up to attend a tour of our available beachfront residences for purchase. They are solidly constructed, elegantly furnished, and move-in ready.

Plus, we have a wonderful Try and Buy Program that is available for qualified home buyers who want to test out the beach lifestyle before they invest.

Contact us at Villa La Estancia today to learn more. A move to Mexico could have you living your dream life sooner than you thought.

Around the world, people that have been wanting to purchase a beachfront home in paradise often choose Mexico as their top destination. Specifically, Banderas Bay is a popular choice which is found on the Pacific Coast of Mexico.

There, where you will find top vacation destinations such as Riviera Nayarit and Puerto Vallarta. Real estate investors that want to own a dream home in paradise are thrilled with the area’s natural beauty, shopping, great restaurants, and authentic Mexican charm.

Come check us out at Villa La Estancia if you are wanting to purchase a vacation home in Mexico. Villa La Estancia can be found in the Nuevo Nayarit neighborhood just north of Puerto Vallarta which is quiet, upscale, and safe.

Investors and home buyers love that it is very tranquil, but still close enough to Puerto Vallarta’s hustle and bustle. Keep reading below if you are asking yourself if you should invest in Mexican real estate.

Should I Invest in Mexican Real Estate?

Are you asking yourself, is it a good investment to buy property in Banderas Bay? Yes, there are so many new developments and solidly constructed properties for sale because so many people want to purchase a vacation home in this area.

Banderas Bay is home to miles of beautiful beaches and the climate is excellent all year long. Banderas Bay and Puerto Vallarta truly have everything a person could want whether they are looking for a vacation home or a place to retire full-time.

There are charming cobblestone streets, high-end shopping, and plenty of Mexican culture. If you want to invest in Banderas Bay real estate, then you need to do it soon, because premium real estate is being purchased very quickly.

However, beachfront real estate in Banderas Bay is still affordable when compared to the same properties in the United States and Canada.

Check out our latest post: What Is the Best Vacation Home in Mexico?

Endless Banderas Bay Activities

The excellent climate is one of the main reasons the real estate in Banderas Bay is very popular. Throughout the year there is plenty of sunshine, which means residents can enjoy endless outdoor activities any time of the year.

A few of the popular activities in Banderas Bay include:

• Scuba diving
• Kayaking
• Surfing
• Kitesurfing
• Hiking
• Biking

Also, Banderas Bay is home to numerous art galleries, shopping choices, and many excellent restaurants. Nuevo Nayarit and Puerto Vallarta have so much to offer, and there are other charming towns that you can explore as well such as Bucerias, Yelapa, San Pancho, and Sayulita.

The Puerto Vallarta International Airport has numerous direct flight options so people from the United States and Canada can travel back and forth with ease.

Plus, the overall cost of living is more affordable and quality healthcare is available in the area.

You may be interested in Remote Work Lifestyle in Puerto Vallarta.

Get To Know Us at Villa La Estancia

Villa La Estancia is an excellent choice if you are wanting the best beachfront real estate property. We are proud to offer a unique hotel-condo concept that many foreigners really appreciate.

Our lovely beachfront residences are constructed solidly, and they are comfortable, elegant, and very spacious. Plus, every beachfront residence has amazing views of Banderas Bay along with the lush greenery of the Sierra Madre lush mountains.

Also, the resort amenities include 24-hour security on site so you can always feel safe and secure. We also offer full and fractional ownership options for qualified buyers. Foreigners can purchase beachfront real estate in Mexico through a Trust (Fideicomiso). You will have an actual legal title, too.

If you are ready to buy a dream home in Mexico on the beach, contact us at Villa La Estancia today. Make sure to ask if you are eligible for our Try and Buy Program, which will allow you to try out having a dream vacation home before you buy it.

Why not book a trip to Mexico now, so you can see if you want to buy a beachfront home on the beach?

We think you will fall in love with our luxurious beachfront residences and world-class resort amenities and services. With multiple pools, jacuzzis, a spa, a fitness center, room service, and delicious onsite restaurants, every day will feel like a dream if you buy property at Villa La Estancia.

Contact us today to take advantage of special travel packages that are on sale right now so you can come to visit us in person.

Read the FAQ about this way of investment.

Do you want to buy a vacation home in Mexico? These days, more people are deciding that they want to buy a vacation home or second home in Mexico. The country has a wonderful climate, delicious cuisine, and a rich culture. Plus, if you invest in real estate in Mexico you will always have a nice place to stay for vacations – Here you will learn about Mexican Property Taxes.

Also, if you buy property in a tourist destination, it’s easy to rent out your property as a vacation rental to travelers when you aren’t staying in your home. Since foreign vacationers usually pay higher rental prices in US Dollars, you will receive a much higher return on your investment.

In addition, property taxes in Mexico also tend to be much less expensive than property tax in other countries. If you’re thinking about buying real estate in Mexico, keep reading below for more info about Mexican property taxes.

Mexican Real Estate Taxes

To start with, foreigners can legally own property throughout the country if it isn’t close to the border or along the coast. If the property is situated on the coastline or within 100 kilometers (about 62 miles) from international borders, ownership can occur through a bank trust.

That way, the homeowner will have a direct deed to the property and enjoy the same rights and responsibilities as Mexican nationals. At the time of purchase, the Acquisition Tax is paid which varies in cost by state.

On average, the taxed rates range from under 2% up to 4.5% of the assessed value of the property at the time of purchase. Annually, property tax payments are calculated depending on the real estate value that is established by government officials – Overall, residential property tax is usually around 6.5 pesos per 1000 pesos of the property’s assessed value.

You may be interested in the post: What are the benefits of fractional ownership?

 

Predial Payments in Mexico

In Mexico, property tax is called “predial” payments. These payments are used to help fund and operate local government needs. Homeowners that pay their tax before the end of February receive a 10% discount for paying the entire tax early.

To pay your predial bill in Mexico, you need your property account number which is found on the previous year’s property tax statement and also is found in the deed. Next, take the information with you to the local city hall with cash in hand.

Note that if you don’t pay your required property taxes in Mexico, local governments can sell your home through a tax sale process to try to collect delinquent taxes. Also, if a property owner dies, the real estate transferred due to the death is exempt from capital gains, although there is an acquisition tax of 1% to 4% that must be paid by the heirs.

Where To Buy?

In terms of where to invest, top destinations include Riviera Nayarit near Puerto Vallarta and Cabo San Lucas. Each location is well known for beautiful beaches, warm climates, and tons of outdoor activities to enjoy.

Check out Villa La Estancia if you want a low-maintenance vacation home at the beach that comes with resort quality amenities and services. We have luxurious beachfront residences in Nuevo Nayarit which is just north of Puerto Vallarta in Banderas Bay.

In addition, Villa La Estancia also has a lovely property in Cabo San Lucas that has incredible Sea of Cortez views that never quit. Our unique hotel-condo concept property is perfect for people who want to own a retirement home, vacation home, or second home in paradise. Contact us today to see if you are eligible to participate in our Try and Buy Program – It’s the best way to test out beachfront living before you invest.

As you can see, many foreigners that decide to invest in real estate in Mexico find they are able to buy a nicer home than they could afford otherwise. Would you and your family like to own a vacation home, second home, or retirement home in Mexico? If you would, remember to always pay your property tax payments each year as required.

Also, remember if you pay your taxes early before the end of February you will also receive a 10% discount. Without a doubt, owning a vacation home is a great way to have a lovely and comfortable place to create lasting memories with friends and family. Ready to learn more?

Call us at Villa La Estancia today to book a vacation to Mexico and check out our lovely beachfront residences for sale. It’s a great investment if you want to own a dream beach home that comes with all the conveniences of home and then some.

Maybe it’s time you start looking for your dream home in Mexico?

You can read more about this way of living, just visit our blog.