Moving to Mexico then you need to read this information

Moving to Mexico then you need to read this information

401k, Costa Alegra, FAQ, Mexico, News, Puerto Vallarta, Retirement
Living in Mexico has long been popular with those who live north of the border. It is a popular place for holidays – especially with those looking for some winter sun and is also a popular retirement destination for Canadains and Americans due to its close proximity to the US. The country boasts beautiful beaches, fascinating attractions, friendly locals, an all year round good climate, low cost of living and a good quality of life for all who travel there. Mexico boasts one of the strongest economies in Latin America and also has a very strong trade agreement with the US. The capital, Mexico City, is growing at an impressive rate and now boasts excellent opportunities for all budding entrepreneurs. There is however a big gap between the rich and…
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Retiring to Mexico let your 401 K work for you. Heres how.

Retiring to Mexico let your 401 K work for you. Heres how.

401k, Health Care, Inspection Visit, Mexico, News, Puerto Vallarta, Retirement
401(k) accounts are not designed as piggy banks to be tapped for nonretirement expenses. But stuff happens. Since the Great Recession, loans from 401(k) accounts have been rising. Some 17.6 percent of plan participants had loans outstanding last year, compared with 15.3 percent in 2008, according to the Investment Company Institute (ICI). A much smaller number of 401(k) participants (1.3 percent) took hardship withdrawals last year, according to the ICI. The loan numbers reflect the financial pressures facing so many households. A recent survey by the Pew Charitable Trust found that 60 percent of U.S. households experienced a financial shock in the past 12 months. This was typically lost income due to unemployment, illness, injury, death or a major home or vehicle repair. When trouble strikes, backup emergency cushions are…
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PAH Holdings insider guide to retiring to Central America

PAH Holdings insider guide to retiring to Central America

Bank Accounts, Belize, Costa Rica, FAQ, Health Care, Inspection Visit, Mexico, News, Nicaragua, Panama, Retirement
  Where in Latin America to retire to and the cost of living in these countrys. All countried are now politically stable, economically healthy and welcoming to foreigners, particularly retirees. All have temperate climates, low living costs, spectacular natural beauty and attractive cities and towns. You’ll be surprised at some of the nations that make the 2016 World’s Top 10 Retirement Havens list from International Living. Panama Panama is No.1 on International Living’s list for 2016, and that should be no surprise to anyone who has been there lately. The people are charming, the healthcare is excellent and the living is cheap. Panama City has morphed into a modern metropolis with a diverse population, a high-rise downtown and a wide choice of gentrified neighborhoods. Boquete, in the highlands, appeals to…
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Cost of living – retirement in Mexico

Cost of living – retirement in Mexico

FAQ, Health Care, Inspection Visit, Mexico, News, Retirement
More and more Americans are retiring abroad to enjoy better weather, new experiences and relaxed lifestyles, as well as access to affordable healthcare and a lower cost of living. Mexico is a popular destination because it offers all this – plus it’s close enough to home that travel back and forth to visit friends and family (and for them to visit you) is relatively easy and reasonably priced. A primary consideration when deciding on a retirement location is what it's going to cost. Here, we take a quick look at how much money you might need to retire comfortably in Mexico. How Much in Mexico: Lifestyle Matters No matter where you retire – at home or abroad – how you retire greatly affects the amount of money you’ll need. It’s…
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Cost of living – retirement in Panama

Cost of living – retirement in Panama

FAQ, Inspection Visit, News, Panama, Pre Construction
There seems to be an endless supply of retiring baby boomers willing to travel the globe in search of inexpensive sun and sand, and Panama is at the top of nearly all of their lists. While other countries welcome foreign retirees, no other nation comes close to Panama’s efforts to roll out the red carpet. The popularity of Panama among expat retirees is not a secret, and the cost of living, while much lower than in the United States, is rising. Generally speaking, you can live comfortably in Panama from $1,500 to $2,500 per month, but those enjoying more extravagant lifestyles can easily need much more. In addition to its climate and beauty, Panama is popular with retirees because they can easily establish bona fide foreign residence, and because its…
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Deciding which visa option is best for you when retiring to Mexico:

Deciding which visa option is best for you when retiring to Mexico:

FAQ, Health Care, Inspection Visit, Mexico, News, Retirement
This post will only address visa options for retirees from the U.S. or Canada who do not plan to work in Mexico. If your goal is to work here, whether in your own business or for someone else, there will be additional requirements. Retirees with Income from Outside of Mexico The majority of the expats that I know fall into this category. This group includes people living on income from investments, pensions, savings, and/or Social Security.   If you are thinking about retiring to Mexico, you will have to decide whether or not to apply for a resident visa or to simply live here under a tourist visa. I will go through each option and discuss the advantages, disadvantages and costs. Tourist Visa If you have ever been to Mexico on vacation,…
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Best places to Retire to in Mexico 2016 and why?

Best places to Retire to in Mexico 2016 and why?

FAQ, Inspection Visit, Mexico, News, Retirement
Below is an unbiased look at the best places in Mexico to retire – with real pros and cons – to help you make an informed decision as to which best meets your needs, interests and ambitions. In the process of putting together this comprehensive report I have consulted with highly experienced ex-pats who have lived and/or live in the places that I rate here so, without further wait, here’s the top 10 places to live and retire in Mexico and the reasons why: Lake Chapala, Jalisco Ensenada, Baja California San Miguel de Allende, Guanajuato Guadalajara, Jalisco Merida, Yucatan Riviera Maya, Quintana Roo Mazatlan, Sinaloa Puerto Vallarta, Jalisco La Paz, Baja California San Cristobal de las Casas Chiapas 1. Lake Chapala, Jalisco (Winner) http://www.youtube.com/watch?v=dodSP4eHTTE&feature=youtu.be According to Kristina Morgan of Focus…
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