In a recent survey by Expats in Mexico, more than half of the people polled are considering a move to Mexico in the coming months. Puerto Vallarta, Lake Chapala, Los Cabos, Merida and Playa del Carmen seem to be the most popular cities, but they are also some of the most culturally rich cities in Mexico. San Miguel de Allende, a colonial city, is also among the top cities. But what is truly driving people to Mexico amid this endless health crisis?
Cultural diversity
This country, which is now home to more than 127 million inhabitants, has tremendous cultural diversity, as evidenced by its many cultural and historical sites, including museums colonial remains. One of the most densely populated countries in Latin America, it is home to a wide and diverse expatriate community from all over the world. So if you expect to find mostly American and Canadian expats in Mexico, you'll be surprised! Many Europeans, especially French expats, have moved to Mexico in recent years to work, set up a business or retire. Lake Chapala, San Miguel de Allende and Puerto Vallarta are the cities with the largest expat communities thanks to their pleasant and peaceful environment.
Besides, Mexico is home to more than sixty indigenous groups. Therefore, besides Spanish, which is the official language, more than 200 languages are spoken in the different regions of Mexico. So if you have always dreamed of discovering new cultures and new horizons on the other side of the world, what could you ask for more?
The low cost of living
Mexico is world-famous for its low cost of living. So it's an ideal destination for those who would like to live in North America for cheap. It's quite easy to travel from Mexico to the United States and Canada at low costs. Life in Mexico is more than 50% cheaper than in many European countries and more than 60% cheaper compared to the United States. In contrast, purchasing power in Mexico is about 35% lower compared to Europe. But if for foreign professionals, entrepreneurs and even retirees, everything is very affordable, including food, transport, leisure, and even rent. For example, you're likely to spend around 190 euros on rent for a single-bedroom apartment in the city centre and around 277 euros for a 3-bedroom apartment on the outskirts. In short, rents are more than 60% lower compared to many countries in Europe! Real estate investment is also quite profitable in Mexico, whether you'd like to buy a new property or second hand. It's worth noting that property tax is low compared to the US and Canada, for example. But that's not all! With the low cost of living, many families can hire maids, and a gardener and afford regular trips around Mexico or to neighbouring countries.
Affordable and quality healthcare
The Mexican health system is currently struggling against the COVID-19 pandemic and the high death toll. Still, the country has an efficient health system, with accessible public and private hospitals and clinics. Mexico ranks 61st worldwide in terms of health care. Like Canada and Singapore, Mexico has two doctors for every 1,000 people. Besides, the government invests 6.8% of its Gross Domestic Product (GDP) into the health system every year. Mexicans and residents enjoy universal health care. But even for non-residents, healthcare is cheaper compared to many countries. Moreover, many Americans travel to Mexico every year for cheap healthcare. Most major Mexican cities are home to hospitals and other health facilities with bilingual staff. So if you speak Spanish or English, you can communicate easily with them.
Excellent quality of life
Mexico is famous for its idyllic beaches, turquoise lagoons, and its pleasant climate almost all year round. So it's the ideal place for people who are looking to escape the cold winters in their country. The warmth of Mexico has attracted thousands of expats over the years. But there's more to it. Mexicans are a warm, welcoming and helpful nation. As we mentioned above, more than 200 languages are spoken in Mexico, but having a good command of Spanish or English, or both, works well. Mexico also offers a very good work-life balance for working people and a relaxed lifestyle. Businesses usually close for an hour or two in the afternoon for a nap. So you can get the most of it too! Mexicans are never in a rush, so you'll have to adapt to their rhythm. But that shouldn't be an issue, especially if you're retiring in Mexico.
Unparalleled cuisine
You have perhaps tried Mexican cuisine at least once in your life, whether in your country or elsewhere. Mexico has an unparalleled cuisine with influences from the Pacific and the rest of Latin America. Besides, most provinces have their own specialities, so you'll be amazed by the great culinary diversity. In some regions, such as the Yucatan Peninsula, the cuisine has Mayan influences. So you'll get corn with almost every dish. It's also a good excuse to buy and eat fresh produce, which is abundant throughout the country.
If you're not yet convinced about the perks of moving to Mexico, be assured that it's a quite safe country. As in most countries around the world, petty crimes do exist. You have to carefully consider the city and neighbourhood you would like to live in. Being close to an expat community can also help. And make sure never to leave your belongings unattended. According to expats, there are a lot of misconceptions about Mexico, thanks to the media. But the key to success is to pay close attention to safety tips and to avoid shady places, like anywhere else.
