Recently, Mexico has taken the No. 1 spot as being International Living’s best place to retire, especially for ex-pats from the United States. International Living (IL) is one of the main authorities on relocating statistics and worldwide 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 resident’s visa, and general quality of life. Currently, statistics show that there are over one million ex-pats 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
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 climates, 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 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 ex-pat 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.