Mexico one of the Worlds Happiest Countries

What Makes Mexico one of the World’s Happiest Countries?

Did you know that Mexico is one of the world’s happiest countries? It is also a very popular place for retirees and a top choice for vacations. Mexico has more than just delicious cuisine, outdoors adventures, and the best beaches (which is what makes travelers want to come back year after year and expats move here), it has that “happy factor” we are all seeking. Want to know what makes Mexico one of the world’s happiest countries in the world? Read on…

What makes Mexico so happy?

In a recent news report published by Mexico News Daily based on data and research from the World Happiness Report, Gallup, the Happy Planet Index, and the New Economics Foundation, Mexico was celebrated as the second happiest country worldwide, with Costa Rica taking the top position. Mexico ranked way above the United States even though its economy is at least five times smaller. It would seem that the residents of Mexico may not have a lot of money, but they are certainly much happier, so money isn’t everything.

Satisfaction and wellbeing

The report speaks about how we measure our levels of satisfaction and wellbeing in terms of how comfortable, happy, and healthy we are. The surveys indicate that the residents of Mexico are generally very satisfied with their lives even when problems come their way. Having a positive outlook goes a long way to establishing our sense of happiness and worth.

Living a long life

The average life expectancy for people living in Mexico is 76.4, which is one of the highest amongst the Latin American countries and in line with statistics for many developed countries. Good life expectancy could be the result of Mexico’s affordable private healthcare service as well as state-run medical cover. Also, Mexico is recognized as being a country with relative low levels of stress, which can contribute greatly to overall health.

Affordable Living

You can live on minimal means in Mexico and still enjoy life. Even on low incomes, housing costs, utility costs, and food are affordable compared to other countries, which allows for people in Mexico to not worry so much about money.

Laid Back Atmosphere

One of the best features and benefits of living in Mexico is its laid back atmosphere. Particularly in the coastal cities, there is less stress and the vibe is one more conducive to relaxation. While the “mañana” attitude may get on your nerves when you are in a rush, you will appreciate it later when you slow down and get into the local vibe. Even when many Mexicans work six days a week, they still have plenty of time for fun, adventure, and, of course, relaxation.

Now you can see what makes Mexico one of the world’s happiest countries. There are many benefits to living in Mexico.

What are hotel condos

What are Hotel-Condos?

Have you ever wondered what hotel-condos are? Here is a great article to help you understand the difference between a condo and a unit at a hotel-condo.

What are hotel-condos?

In the world of real estate, the term “hotel-condos” is new but essential for those desiring to buy a condo at a resort destination. Many people enjoy the concept of having a luxury condo in the world’s top destinations enjoying a low upkeep second home or retirement option. The advent hotel-condos adds yet another option to your real estate opportunities

Hotel-Condos Explained

For starters, let’s define what a hotel-condo is and why it is different from the traditional condo. A hotel-condo, sometimes called a condotel is an apartment or villa that is maintained and ran by a hotel or resort. Each condo unit is a separately-owned property that belongs to the same brand company (like Ritz-Carlton, Westin, or some other condo hotel chain).

Because the condotel belongs to a hotel chain brand, they are marketed and treated very differently than the traditional condo. For example, the hotel will be your management company. So, the hotel is responsible for scheduling your stays or helping you to administer rentals etc. Also, you get the privilege of having resort services for your condo: room service, spa and gym access, and cordial customer service available for help—something you can’t get with the regular condo high-rise.

Other Advantages of hotel-condos over regular condos

Hotel-condos have become popular over these past few years for many reasons. For starters, many people see hotel-condos as a less stressful way to own your own personal second home. Decorating, renting out, and upkeeping your property is often taken care of by the hotel company that manages the hotel chain. So, you are free from having to invest in a lot of expenses that are involved in owning a home.

Although the design of your hotel-condo may resemble your neighbors, at least you don’t have to be concerned about keeping your place cleaned as many hotel-condos provide you will access to cleaning services and full maintenance for a price. You also have the added benefit of the hotel making sure you get a stream of income from renting your place when you are not scheduled to be there, if you opt for the rental program usually offered. Let’s face it, renting a condo at a hotel is going to be far more attractive to renters than a standard condo with few services like restaurants etc.

Hopefully, this insightful information on the differences between a traditional condo and a condo hotel will help you make a wiser decision about which type of condo you need.

best places to retire

Mexico is No.1 – International Living’s Best Places to Retire

Recently, Mexico has taken the No. 1 spot as being International Living’s best places to retire, especially for expats from the United States. International Living (IL) is one of the main authorities on relocating statistics and world-wide retirement.

Mexico is No.1 – International Living’s Best Places to Retire

The statistics for the best places to retire used by International Living are based upon a number of criteria: living costs, how easy it is to get a residents visa and general quality of life. Currently, statistics show that there are over one million expats from America living in Mexico who have decided that it is one of the best places to retire; so it is easy to see why Mexico has taken the No.1 spot for retirement locations around the world.

Best Places to Retire Abroad

Retiring abroad is a popular trend that is still growing and growing, and in the coming years it will only increase. Here are a few of the other countries that made the International Living’s top ten list of best places to retire abroad:

  • Costa Rica
  • Malaysia
  • Panama
  • Columbia
  • Malta
  • Ecuador
  • Nicaragua
  • Spain
  • Portugal.

Why have these countries made the list of best places to retire abroad? Let’s take a look at the top reasons why:

Living Costs are Affordable

While the best places to retire around the world are usually beautiful places in temperate or warm climate, but most retirees are more concerned about the living costs where they retire. One of the main attractions of Mexico is that the living costs are highly affordable. Retirees can live a very comfortable life without a lot of money in Mexico. The housing, food, and amenities will cost less than in your own country, and private healthcare is affordable too in Mexico. You might be surprised a the high quality of medical care you can receive in Mexico.

Mexico is Close to United States and Canada

How close a location is to your home country also has an impact on whether the place is a good destination for retirement. Spain and Portugal are popular locations for retirees from the UK, France, Germany and the Scandinavian countries while Mexico and Central American Countries like Costa Rica and Nicaragua are convenient for retirees arriving from Canada and the United States. Mexico, however, stands out amongst its competition for best places to retire because it is so close to the US and Canada with lots of flight options. Direct flights are offered in the top tourist locations in Mexico, which include Puerto Vallarta, Cabo, and Cancun, which makes getting back home easy to do. It is easy to hop on a flight and be back home within a few hours, which takes the hassle and stress from retirees that want to get back home to visit family or attend special occasions.

The Best Activities and Entertainment

It may surprise you that there are plenty of things to do for retirees in the top cities in Mexico and it is easy to become part of the community with lots of charitable foundations to support with your time and/or money. You will also see familiar brands that will make you feel at home, including Walmart, Costco and Starbucks, as well as many fast food chains that you will recognize. Obviously the charm of retiring in Mexico is to experience the Mexican life, but now and again it is nice to see familiar brands. The dining options are world class and plentiful. There will be English movies in the theaters along with nightlife, festivals, and music tours that come to these areas.

Many English Speaking places to retire

It is very common that English is being spoken in the major cities in Mexico. This is often a big worry and concern for retirees that are considering retiring in Mexico. If you don’t speak Spanish, then you don’t need to worry, because you will find that many people speak English in the popular expat towns in Mexico like Puerto Vallarta, Cabo, Cancun, Lake Chapala and San Miguel de Allende. Obviously, learning Spanish is a lot of fun and great to keep your brain exercised.

Are you considering retiring in Mexico? Let us know what your thoughts or concerns are below.