Moving to Mexico after retirement?

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FiveOClockSomewh ere

Raleigh, NC

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#1
Nov 1, 2008
 

Judged:

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Do any of you know any residents or have family that have moved from the U.S.to Mexico after they retired?

I have been doing a lot of research on moving to Mexico. I can beat the high cost of living by moving there and in state taxes alone will save over 6% of my pension money that I now just hand over to the state.

I stand to make a profit on my home that I will sell and I understand that if I actually wanted to buy real estate in Mexico that I can do that as long as it is not located within a 40 limit along the main coast line of Mexico. I also understand there are an awful lot of American retirees that have already made the move and that in the Baja area alone there are over 100,000 americans living in that one area.

Both Social security and pension plans can be mailed to you in Mexico and you can even set up the direct deposit plan so you do not have to take money to any banks as it is automatically done through direct deposit.

Any of you from Kennett have any knowledge of people that have retired in Mexico?

The more I think on it, the better the entire idea appeals to me, I just may do it, by heck I just may! ;-)

At least I would be getting away from American politics and ignorant, hating people that have jumped out of the woodwork and from under their rocks in this election year. There has to be a better climate SOMEWHERE that is not so tense and unforgiving of tolerance.

Of course one main draw back is that I will have to learn Spanish in order to communicate with the people of the area. I start taking Spanish lessons in January of 2009 so it seems I have already made some decisions about the prospect.

Any feedback on Mexico living?
kennett

Dexter, MO

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#2
Nov 1, 2008
 
There are a lot of people in Mexico that speak english, you will be surprised. I go there four times a year and we have a house there and plan on living there when our child gets out of school. You can rent a house for 85.00 which is 850. pesos. Right now the money exchange is very good you get 14.00 pesos for every 1.00. Our electric bill is about 25.00 to 30.00 dollars a month (250.00 to 300.00 pesos), water about 15.00 to 20.00 dollars (150.00 to 200.00 pesos) phone is about 24.00 dollars (240.00 pesos). Groceries are cheaper, and they are fresher, you have to buy your water for drinking, there is a delivery man that comes around every couple of days, and you just tell him how many you need. I don't know spanish that well and you can do just fine, especialy in the baja area. There are alot of retirement communities all of Mexico that are retirees from the us and also other countries. We are not in the baja area where we live over there, but have traveled to alot of places in Mexico. Our hometown as we call it is thirty minutes from the beach on the east coast, and there are alot of people that own business in this area that are from there. I think you would like it. We love it there. I am ready to go again.
Guest

Fort Mohave, AZ

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#3
Nov 1, 2008
 
Uh, don't want to pee on your idea, but might want to reconsider.

http://www.google.com/search...
Pitbull

Fredericktown, MO

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#4
Nov 1, 2008
 
kennett wrote:
There are a lot of people in Mexico that speak english, you will be surprised. I go there four times a year and we have a house there and plan on living there when our child gets out of school. You can rent a house for 85.00 which is 850. pesos. Right now the money exchange is very good you get 14.00 pesos for every 1.00. Our electric bill is about 25.00 to 30.00 dollars a month (250.00 to 300.00 pesos), water about 15.00 to 20.00 dollars (150.00 to 200.00 pesos) phone is about 24.00 dollars (240.00 pesos). Groceries are cheaper, and they are fresher, you have to buy your water for drinking, there is a delivery man that comes around every couple of days, and you just tell him how many you need. I don't know spanish that well and you can do just fine, especialy in the baja area. There are alot of retirement communities all of Mexico that are retirees from the us and also other countries. We are not in the baja area where we live over there, but have traveled to alot of places in Mexico. Our hometown as we call it is thirty minutes from the beach on the east coast, and there are alot of people that own business in this area that are from there. I think you would like it. We love it there. I am ready to go again.
I agree. I have friends who own homes there. Some areas are dirty and poverty stricken. The deeper you go in however the nicer it gets. I cannot speak of the whole area so you are probably better listening to the the person who wrote the post that I clicked "reply". My friends love it and the people there are very nice. I just recently purchased a villa in Italy. If you don't like Mexico come on over to Italy.lol
Kennett rez

Fairmont, WV

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#5
Nov 1, 2008
 

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If Obama wins the election, I may move Wednesday morning!
ObamaNot

Sebring, FL

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#6
Nov 1, 2008
 
LMAO
guest

Hazelwood, MO

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#7
Nov 1, 2008
 
Look at this issue very carefully. There are many things we take for granted. Severe injury or illness requiring hospitalization, lack of legal recourse we events do not come out as you think they should have, and a general passive approach to work. i know this is not true in all cases but i kept running into it in my visits.
kennett

Dexter, MO

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#8
Nov 1, 2008
 
This was not a political site so why start that on here?
ObamaNot

Sebring, FL

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#9
Nov 1, 2008
 
Anyone can start anything they want on here.
Personally I found 'that remark' humorous.(:)(:)
Traveler

Fairmont, WV

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#10
Nov 1, 2008
 
Can I come too? I need a change of scenery!!!

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