Retirement in Riviera Nayarit

Retirement in Riviera Nayarit

Mexico is, without a shadow of a doubt, one of the most popular vacation, honeymoon and retirement destinations in the world. Expats from the USA and Canada have been making Riviera Nayarit, Puerto Vallarta, Cabo San Lucas, Cancun, and Riviera Maya (as well as various other coastal destinations) their home away from home for years now, and the number is still growing. Part of the reason that the Riviera Nayarit is such a popular retirement destination is the fact that the cost of living is so much lower here. A retired couple can expect to maintain, or improve, the standard of living that they’re used to upon moving to the Riviera Nayarit.

What’s more the Riviera Nayarit personifies the charm, culture and vibrancy of Mexico in all its glory. If the endless, palm lined beaches and glittering waters don’t do it for you then there is always the fine restaurants, shopping opportunities and huge, varied activities and attractions to enjoy. Whether you like Golf, sunset cruises, romantic strolls along the beach or ATV tours you can find the perfect experience for you and retirement in Riviera Nayarit becomes a paradise lifestyle.

Retirement in Riviera Nayarit and Nature Beauty

Of course there is more to choosing a new place to move for retirement than the beauty of the area, but the natural landscape of the Riviera Nayarit certainly makes a persuasive case! The whole region is stunning; the mix of natural landscapes and man-made luxury is unique and gorgeous. But, undoubtedly, the heart of any place is its people. This is where the Riviera Nayarit really shines; the people are kind, open-minded and welcoming. Their hospitality is second to none. Your retirement in Riviera Nayarit is also enhanced by a large expat community that host a number of events and clubs, which makes it easy to meet like minded friends.

Retirement Properties in Riviera Nayarit

If you choose retirement in the Riviera Nayarit, even if it’s only for part of the year, then you won’t be sorry. The region is full to the brim with quirky and interesting places to live. Whether you want a one bedroom studio apartment from which to base your adventures, a bungalow for cosy retirement years or a family sized villa to accommodate the full brood at vacation time you’ll find them in beautiful and convenient locations. A happier, more relaxed lifestyle begins when you opt for retirement in Riviera Nayarit.

Buying Mexico Property

Advice for Buying Mexico Property

Are you seeking advice for buying Mexico property? If you are, then you have come to the right website. Sometimes it can be scary when you are buying Mexico property. If you have a qualified attorney, which is a great idea, but not always needed, or you are using a professional and qualified real estate agency, then you will have no problem purchasing property in Mexico.

The purchasing process is very similar to your own country, and can go as follows:

  • Agree on the price of the property verbally first
  • Seek the service of a reputable notary public
  • Draw up the “Convenio de Compra/Venta”, a sales agreement that will show all inclusions and exclusions of the property. At this time a deposit of 5-10% is made to the owner of the property, so if you decide to back out of the sale the deposit will be forfeited
  • Keep in mind that you may have to use a property trust called fideicomiso for Mexico property purchases within 50km of the coastal and border zone areas. If your property is not within these zones, then you will not have to have a trust but may wish to do so regardless.
  • Permission from the Foreign Secretary is needed if you are purchasing land. The “Calvo Clause” will need to be signed which relinquished your rights to any foreign jurisdiction over your property.
  • Your notary public should look over all permits to make sure they are all in order, get a copy of the property deed, make sure the land is eligible for sale (not protected ejido land for example) and arrange to have an appraisal carried out. The Notary Public will ask the seller to show proof of tax receipts, utility bill payments, land fees, and any other receipts paid for the property.
  • The Notary Public will also want to see legal proof such as a passport and photo identifications, visas, marriage certificate if you are married, birth certificates, six month permit as a tourist, and any other legal permits in Mexico. Be prepared for having some of these documents translated by an official translator.
  • The seller is required to pay the Capital Gains Tax unless the buyer has agreed to pay this. You may agree to divide the capital gains tax.
  • Final payment is due when carrying out the signing at the Notary Public’s office

Buying property in Mexico doesn’t have to be scary if you know what to expect and what to do.

Please leave a comment if you have found these tips and advice for buying Mexico property helpful.

Riviera Nayarit for Snowbirds

Riviera Nayarit for Snowbirds

Riviera Nayarit is known to host escaping snowbirds from many developed countries like the US and Canada during the winter time. Who wouldn’t get attracted by the warm rays of the sun, the hot sand and of course the allure of Mexico’s great blue seas. There are a variety of accommodation options to choose as a snowbird, from vacation clubs, beach rentals, elegant hotels to a fractional or full time ownership of resort villas. Head to Riviera Nayarit, it has all the amenities needed for snowbirds to keep warm during the chilly season.

Here are several reasons why you should think about purchasing fractional or full ownership property in Banderas Bay to become a true blue Riviera Nayarit snowbird:

A Great Escape From the Cold North American Winters

Instead of just spending a few days or weeks in a posh accommodation, why not think of several months in order for the warmth of a tropical atmosphere to truly enter your bones. Making a regular tropical escape is worthwhile when you know in your mind that you have a stable home to return to in Riviera Nayarit.

Luxury That’s Affordable for Snowbirds

Let’s face it, owning a second home is quite expensive, but buying real estate in Riviera Nayarit is much cheaper than in most tropical places. It can even be more affordable than your first home in your own native country. The cost of utilities is much lower, and you will notice this more than ever during the wintertime when you won’t need to use either the air conditioning or the heaters. The cost for eating out, transportation and other luxuries like beauty treatments suits any budget too.

A Boost on Your Social Life

Riviera Nayarit is a friendly place to be in, with locals and professional snowbirds ready to flash their sweet smiles to anyone new in the place. There’s a thriving number of expats who are satisfied with their lives and are ready to mingle and rock with the new faces in town. New snowbirds will make friends in no time, and you can pass your time away joining a line of events that surely spells fun. There are group for writers and poets, dance lessons, theater associations, a Wednesday ArtWalk event and volunteering activities to help local charities. You can even party the night away watching a live band performance at Nacho Daddy’s.

The Low Cost of Medical Practices and Procedures

Private healthcare is usually lower in Riviera Nayarit compared to other cosmopolitan cities, and visiting snowbirds can take advantage of it. One can go for a facial surgery, hip replacement, denture attachment and even liposuction. If you find these procedures very expensive back home, then consider having it done for less in Riviera Nayarit.

Transportation Poses No Problem

Regular flights to Riviera Nayarit are offered by the most airline companies like Delta, WestJet and Air Canada. Budget airlines give low fares, especially to frequent travelers, and you’ll be surprised by the number promos and discounted flights offered any time of the year. This is a great opportunity to take your dear ones and friends to your second home; a paradise in a tropical place like Riviera Nayarit.