Tuesday, November 15, 2016

INCENTIVES TO LIVE IN MEXICO

If you're retirement age, or even if you're not, here are some incentives to leave the U.S. and move to Mexico.

First, forget all the press reports you see in this country about Mexico.  They're for the most part bogus when it comes to crime. It exists there but if you're selective about where you go there, you'll be fine.  Read the blogs of people living there, Americans who bailed out here long ago. 

Second, forget your vacation experiences there, if any, and think in practical terms.  It starts with a simple question:  Where would I be better off there?  

Third, make cost comparisons.  As an example, here's my monthly adjustment between here and there:

Insurance costs here - $850                $350 there
Utilities here  -  $800                          $100 there
Property tax here  -  $450                   $20 there
Care of animals here - $600               $200 there
Cost of housing - about the same both places
Transportation - about the same both places
Food costs here - $400                       $200 there

Starting to get the picture?  Just those few things amount to more than $20,000 a year.

No comments: