Anyone have any experience with visiting retirement communities in Mexico?
Aug 3rd, 2004, 04:40 AM
#1
Original Poster
Join Date: Mar 2003
Posts: 309
Likes: 0
Received 0 Likes
on
0 Posts
Anyone have any experience with visiting retirement communities in Mexico?
I read an article in AARP how folks are retiring in Mexico. They say they can live there very comfortably very cheaply. Anyone have experience with this?
Aug 3rd, 2004, 04:51 AM
#2
Join Date: Feb 2003
Posts: 6,267
Likes: 0
Received 0 Likes
on
0 Posts
AnnaR: mikemo has a place in San Miguel de Allende, I think he currently splits his time btwn there and his stateside home but I think he may be moving to San Miguel full time this year. He sometimes posts on the U.S. board, but you can find him and probably others on the Latin America board if you post your question there too.
Aug 3rd, 2004, 05:00 AM
#3
Join Date: Mar 2004
Posts: 5,869
Likes: 0
Received 0 Likes
on
0 Posts
I live in San Miguel de Allende, MX (col. Centro) several months a year (when not travelling).
Most anyone can live very well on SS alone if you own a house/condo/apt here.
Unfortunately, housing is expensive.
I would recommend a visit to see if you and your fav vill are sympatico.
Sounds like you are at step one in your thinking about retirement, but, fortunately, many on this forum have done the legwork for you.
Should you get to SMdA, my tel # is 152-2575.
M
Most anyone can live very well on SS alone if you own a house/condo/apt here.
Unfortunately, housing is expensive.
I would recommend a visit to see if you and your fav vill are sympatico.
Sounds like you are at step one in your thinking about retirement, but, fortunately, many on this forum have done the legwork for you.
Should you get to SMdA, my tel # is 152-2575.
M
Aug 3rd, 2004, 05:05 AM
#4
Join Date: Mar 2004
Posts: 5,869
Likes: 0
Received 0 Likes
on
0 Posts
Aug 3rd, 2004, 05:08 AM
#5
Join Date: Jan 2003
Posts: 1,044
Likes: 0
Received 0 Likes
on
0 Posts
It seems to me that retirement to Mexico can be a great idea - however there are risks to consider. A while back a large group of US retirees lost everthing when the local peasants hired a lawyer and took them to court. It turns out that the poor, and largely uneducated locals had been swindled out of the land (not a unique situation, by the way) by the developer, who then built the housing complex and sold units to American retirees. Eventually, the peasants wised up and started legal action. When the court decided in the peasants favor, the property was returned to them and the retirees ending up with their money gone and nothing to show for it. Certainly, I would consider Mexico as an alternative, just do your homework and make sure everthing is on the up-and-up.
Ken
Ken
