Retiring in Mexico

One of the most enduring American dreams has been to retire early in a place which has an abundance of sun and sand. Whenever, retirement is discussed, Mexico as a retirement destination is one of the prime candidates.

While earlier, only the sunny weather and magnificent beaches were chief reasons for selecting it as retirement destination for Americans, Canadians and Europeans, now the situation has changed dramatically. Increased cost of living in US and subdued economy has forced people to seek destinations which have a lower cost of living without compromising on infrastructure and amenities. Over the last few decades, Mexican government has invested a lot in improving the infrastructure such roads, highways, airports, communication, hospitals, hotels and housing.

This huge improvement has spurred people from north to see Mexico in a different light. Mexico real estate prices are still very low as compared to US homes with same type of location and amenities.

Today, we will explore the reasons which make Mexico such a great retirement destination.

Retiree friendly: Apart from great weather, Mexico has other benefits too. The Mexican government offers benefits like a special visa and inexpensive health care for expats who come to Mexico seeking the peaceful life in their retirement years.

The "rentista" is a special type of non-working visa available to retirees 51 and older. To be valid for a rentista, you'll need to provide a letter from the bank or social security administration confirming that you receive a certain minimum income each month. Foreign retirees are also eligible for IMSS, a Mexican social security plan that costs $200 per year and covers medical, dental, and vision care.

Buying property in Mexico:

Buying property in a foreign land can be tricky. But, not in Mexico. Buying Mexico real estate for foreigners is a simple process. One doesn’t have to be a Mexican citizen to own a property in Mexico.

If you are buying property within 50 miles of the coast or 100 miles of a national border, then you will need to set up a Mexican corporation which technically owns the land or a beneficial trust called a fideicomiso.

Always hire a professionals Mexico real estate agent of good repute who can not only find you the best property suited to your requirements but also assist in all steps and procedures required while buying a property.

Property Taxes:
Property taxes (predial in Mexico) are extremely cheap compared to the US or Canada. The tax is a percentage of the assessed value of the property, which is determined at the time of the sale. For a retiree subsisting on savings, lower taxes are a great boon.

Medicare & amenities:

Mexico’s medical care is not only affordable but also world class. This is the reason why patients from US & Europe come to Mexico to take advantage for high end medical care at very affordable prices. With such excellent and cheap health care, retirees need not worry a great deal. Mexico has almost amenities one finds in developed countries. Wal-Mart, malls, multiplexes, luxury condos, superb highways and international airports – Mexico has everything to make your retired life comfortable.

If you also want to retire in Mexico, then starting planning now when the prices are low. Playa del Carmen real estate and Puerto Vallarta regions are some of the most sought after retirement destinations!

Latest Playa del Carmen Golf Residences

Playa Del Carmen has many options when it comes to high end living. You can pick and choose from plethora of choices – Beachfront, Golf residences, Marina, condo resorts etc. Each one has its own unique charm and suit varied lifestyles.


Among these Beachfront is much highly sought after. Golf course communities come a close second and are a perennial favorite among golf lovers who want a direct access to Golf course. Playa del Carmen is known as the Golf capital of Latin America and for a good reason too. It has nine world class and beautiful golf courses which provide the ultimate in golfing experience and luxury living.


There are quite a few gated Golf course communities with the latest and best being Residencias Grand Coral by Lorena Ochoa.


The project is located in Grand Coral Riviera Maya. It has incorporated innovative design which is beautiful amalgam of contemporary architecture and spectacular landscaping. It has surrounding lakes and beautiful gardens which lend the pool area a unique touch.


As with any golf residences, Residencias Grand Coral also offers spectacular views of the golf course but with a difference. All units of the project have views to the 18 hole golf course. For Golf aficionados, this project is as close to heaven as one can get!


Golf residences can be quite expensive because of the quality lifestyle they provide and premium luxury condos offered by them. Such a lifestyle is for a privileged few. But in Residencias Grand Coral by Lorena Ochoa’s case, an added attraction is an unbelievable starting price of 183,000 USD. To sweeten the deal even more, Residencias offer the very best financing in the market.


As far as golf residences are concerned, they must offer high end luxury amenities, entertainment options, security and ease of access. Residencias Grand Coral comes up aces in this regard also. All units have terraces with ample space to enjoy views of the Golf course and lakes. Besides that the best feature is the 18 hole golf course designed by Nick Price.


To take care of your leisure, there is a beach club and a club house with Restaurant, and snack bar. If you want to indulge yourself and relax, then you can visit a spa and completely unwind. For fitness freaks, a gym in club house is always within reach.


The project location is also highly favorable. It has direct flights major Mexico Real Estate, US and Canadian cities. International travelers can take a flight to Cancun’s international airport which is just 30 minutes north to this project. The nearest city is Playa del Carmen which is just a 10 minute drive.


Playa del Carmen Real Estate has many such gems which offer world class living as well as prudent investment options.