By Avi Aranb
Thinking about buying a property in Mexico?
Well, having a home in Mexico can be a great idea. More and more Americans and Canadians are investing in Chelem Mexico real estate every year. The Yucatan area offers some of the most beautiful ocean front homes and condos for vacationing, living or retirement. That’s because of the lower cost of living and cheaper lifestyle it offers. In fact, it’s estimated that more than a million Americans are already living in Mexico.
Here are some reasons why you need to own a property in this country
- Accessibility
Because Mexico is closer to the US, flying to and from it is easy. Through its locales, you can access international airports with plenty of planes flying around nearly all the cities of the world. That gives you the flexibility of flying into your retirement or vacationing home any time you want.
Apart from easy access to other countries, flying into the US is cheaper and fast. If you have your business in the US, you can easily manage it from your home in Mexico. You only need a few minutes of travel from Mexico to the US and back. So distance or business interests should not prevent you from owning an ocean front condo in Mexico.
- Many Expats
The inability to speak Spanish shouldn’t prevent you from owning the available homes in Chalem, Mexico. That’s because many Canadians and Americans live in Mexico full time, or part-time. Besides, Mexico has many professionals, including doctors, dentists, lawyers and restaurant workers who speak in English. With a significant population of people chatting in English, you can be sure you’ll not feel out of place.
Additionally, having a Mexico real estate company build for you, your dream home may save you a lot of money. That’s because of its low cost of living and higher economic development levels. Compared to the US or Canada, Mexico’s healthcare, taxes and currency are low. So, if you don’t want to pay more taxes, but get affordable and quality healthcare, building your retirement home in Mexico can be the right decision.
- Affordable Houses
Buying a house in Mexico is cheap. In recent years, the real estate industry in Mexico has experienced significant growth. In fact, in 2019 it grew by 10%.Buying a house in Mexico can cost you an average of $90,000 while in the US it may cost you around $250,000. If you took the money you’d use to build a home in the US and instead use it to build one in Mexico, you’d get a far more magnificent structure with more housekeepers, gardeners and amenities.
- Tourism Hub
The fact that Mexico borders the US has given it advantages over other countries. Most American’s visit the popular tourist destinations in this county, and because of that, people from different countries have also made it their favourite tourism hub. In 2018, Mexico generated about 23 billion dollars from tourism. That makes it a country you want to live and do business in.
Conclusion
If you’re looking for a place to settle in after retirement or for a vacation, Mexico may be your ideal country. The low standards of living, excellent healthcare systems and low taxes are some of the reasons that should convince you to buy property in Mexico.
