Overview
Mexico will continue to provide North Americans with cost-effective retirement opportunities as the economy evolves and rising costs in the USA eat away at people’s nest egg. With the weather always permitting and lending to the perfect lifestyle of “mañana,” Mexico is the common sense place to disembark from a lifetime of hard work and make those savings go a long way.
Costs
The peso has dropped 41% vs. the dollar since August of last year, making Mexican vacations, rents, home costs and retirement more attractive compared with those in Europe, the U.S., or the Caribbean. The cost of living is half of what it is in the USA. Forget Europe, they do not know what the word inexpensive means. No winter clothes, no snow tires and no heating costs. Mountains, coastal plains, high valleys, Mexico has every climate.
Logistics
American travelers and retirement home buyers can reach Mexico’s tourist/retirement playgrounds/spots in two to five hours and most of those flights are non-stop, a big factor as airlines, hotels prices costs and homes prices level off for the first time in 15 years.
Safety
Mexico is just as safe as it is in the USA, probably safer. Crimes happen along the border and in the border towns. Puerto Vallarta and other retirement hotspots have been immune to the violence. The Puerto Vallarta area has 15,000 to 20,000 full time expatriates. Including Sam’s Club, Wal-Mart (with two new Wal-Marts under construction) several McDonalds, Carl’s Jr. Pizza Hut, Dominos, Blockbuster Video, Lions Club, Rotary Club.
Mindset
Americans are different. Unlike Europeans we like our way of life, big cars, big trucks, cheap gas. The fact that you don’t get searched everytime you enter a building here in Mexico makes a statement to the non terrifying racist attitude that the world should adopt. Ame
ricans are different and try to be politically correct. You can’t call them Hillbillies no more, they are Appalachian Americans. What? Here in Mexico if we don’t know your name and you are white, we call you Whitey, if you’re fat, we call you Fatty, if you’re short we call you Shorty.
TaxesProperty - .01 % Income Tax - 10% flat tax
Capital Gains Tax – No Capital Gains Tax after five (5) years
For more info:
Alfred Melchiorre
La Punta Realty
Toll Free from North America 1-866-706-1199
The Nahui Village development in Riviera Nayarit with 2,100 acres, over 4.5 km of oceanfront and more than 243 meters of elevation change was announced by C&C Capital. Phase 1 will include sites for timeshares called Tau Nahui resort, an anchor hotel, and for a collection of small boutique hotels and residential product options, homes and homes sites, built onto the hillside behind overlooking the bay. The opening Realtor Presentation Dec 10, 2009 of Riviera Nayarit's newest real estate development, was launched with an afternoon lunch on site at Destiladeras Beach in Costa Banderas. For their first phase commencing in December and January, Sales and marketing will be handled by Brock Squire, Coldwell Banker, and Jonathan Smart & Wally Lopez from Riviera Partners. It will encompass a town village on the beach, sites for timeshare and hotels, condominiums, residential lots and homes on the hillside above and behind the town village. The highway to Punta Mita, will ultimately be relocated behind the property, freeing up valuable coastal property. The road will start be on the easterly side of the new development of Alamar in La Cruz. From more information about the development at www.nahuivillage.com/
