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I guess I won't be living in Mexico anytime soon. Even a drive down Playa del Tijuana Ave. didn't convince me. Better to look further south like maybe Panama which has an excellent fast-track retirement program for American/Canadian retirees.
RE in Panama has inflated, due to so many US expats, to the point of being unaffordable for many. A decade or more ago, many decamped for Ecuador, the best location they could find affordability-wise and climate-wise. Of course, the new retirement developments there have, in turn, begun to drive RE prices up, causing resentment with the locals. There's a site called "Go Ecuador" you can check out for more info.
RE in Panama has inflated, due to so many US expats, to the point of being unaffordable for many. A decade or more ago, many decamped for Ecuador, the best location they could find affordability-wise and climate-wise. Of course, the new retirement developments there have, in turn, begun to drive RE prices up, causing resentment with the locals. There's a site called "Go Ecuador" you can check out for more info.
I did notice that. I was scouting a real estate website for condos and I couldn't believe the prices.
Quote:
$890,000 - Apartment
SPECTACULAR APARTMENT IN SEA QUEST TOWER Located in Punta Paitilla, one of the most exclusive areas of the city where you can find shopping malls, restaurants, parks, etc. Centrally located and highly valued, near the financial...
Rules say in order to get the fast track retirement visa you have to have at least $1000/mo in proven income (pension, SS, annuity) or invest at least $100,000 in a home and it drops to $750/mo. I couldn't find anything decent less than $250,000.
You want good climate, join us in Lake Chapala, Mexico. Micro-climate due to elevation of 5000 feet situated between Mexico's largest lake and the Sierra Madre mountains.
It's not Calcutta, but it's still Mexico, 3rd world on all counts. There's nothing quaint about Rosarito either, more murders than you want to think about and don't even bother comparing it to any U.S. city. Further south into Ensenada and area you will find glossed over 3rd world Mexico. Ensenada's homicide rate is on track for doubling last years rate. Punta Banda is a cesspool of mentally unstable foreigners who are running from their problems. Check out the eastern coast of Mexico, it's grown up a bit since I first started coming here, but less in your face cartel stuff going on. It's nice, sometimes almost quaint and not so many messed up Americans running from their problems looking for cheap drugs.
Given the overpaid police in the U.S., we had better be a safer place than Mexico, but even with that burden on the taxpayers, are we any safer?
Here, in Las Vegas, the paper gives the stats every week for the East Valley where I live, and, on an average, there's 300-400 crimes committed every week, no less than 100 car thefts alone. Yes, that's per week!
I understand that in Mexico they pay the police officers how much? $1000 a month or so? And if you paid them even half the U.S. wages for police, would there be much of a difference?
Given the overpaid police in the U.S., we had better be a safer place than Mexico, but even with that burden on the taxpayers, are we any safer?
Here, in Las Vegas, the paper gives the stats every week for the East Valley where I live, and, on an average, there's 300-400 crimes committed every week, no less than 100 car thefts alone. Yes, that's per week!
I understand that in Mexico they pay the police officers how much? $1000 a month or so? And if you paid them even half the U.S. wages for police, would there be much of a difference?
Las Vegas can't even come close to comparing to the crime in the northern Baja. 100 car thefts a week....lol
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