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BEST BUY ON THE BAY
Alamar an amazing development with gorgeous beach club, 2 bed, 2 bath, Fully Turn Key, Luxury Furnishings, Art, Decor, Patio Furniture, Barbecue and much more, Stunning Views, 2010 Chevy Aveo Included. Only $235,000.

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Retiring in Mexico

With over 10,000 baby boomers retiring everyday for the next 15 years many are asking questions about moving and retiring to the Riviera Nayarit region.  

dot What about the drug war?
Answer - The drug problem is actually as we all know a US problem that is effecting Mexico.  What the media is not telling you is over 95% of this violence is occurring in 3 border towns of Juarez, Tijuana and Nogales.  The Mexican government has over 30,000 soldiers on the boarder fighting this US problem while the rest of the country is not affected.

dot What about the Mexican Economy and Real Estate? 
Answer – The Mexican economy is in excellent shape and was not affected by the financial crises that hit the US.  Mexico’s banking system is very strong because of the control they maintained over mortgages and loans.  They did however go through a market correction with real estate prices dropping in some areas. Baby boomers seem to focus on real estate in the price range of $200,000 - $400,000. The following is a quote from Rosalind Wilson, President of the Canadian Chamber of Commerce on March 19, 2009. "The strength of the Mexican economic system makes the country a favorite destination for Canadian investment".

dot What about Medical?
Answer – The medical system in Mexico is the same as many of the leading countries around the world.  The cost of medical treatment is extremely reasonable and the quality of service is outstanding. In fact Mexico recently achieved a significant milestone – enrolling 52.6 million previously uninsured Mexicans in public medical insurance programs and thereby achieving universal health coverage in less than a decade.  Puerto Vallarta has first class hospitals, drop in clinics and specialists.  We have made 3 stops with friends to different hospitals around Puerto Vallarta and in each case we seen a doctor within minutes.

dot Why the Riviera Nayarit?
Answer – It’s an easy question to answer....just make a trip and see for yourself.  We were in the travel business for 20 years visiting tropical destinations and found the Riviera Nayarit in Mexico to be one of the best.  We picked this area because of the international airport, a bay protected against hurricanes by the Sierra Madre Mountains, spectacular sandy beaches, the friendly people, felt safe living here and a lifestyle we always dreamed about.

dot What is the cost of living like?
The cost of living in the Riviera Nayarit is lower than that of the US and Canadian cities. Especially for items such as vegetables, fruits, meat, chicken and your daily grocery items.  As an example I enjoy going to the local fish market once a week and picking the catch of the day.  The cost for the two of us is around $4 per meal for Dorado, Red Snapper, Sea Bass, Tuna and many other varieties.  Our annual property tax in Canada was $3,500 and in the Riviera Nayarit it’s $220 per year.  I find we spend less on entertainment because there is so much to see and discover in the Rivera Nayarit.  There are so many natural wonders of the area to visit including it’s many beaches, small communities, open air markets, marinas, wildlife, etc.  For me it’s like living in Disneyland and all the rides are free.

 

 

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