Thoughts of palm trees, warm ocean breezes and a simple life are realities for many retirees. Those who are not of the retirement age only dream of reaching this time in their life.
International retirement to another country such as Mexico is very common, especially for North Americans, however not all who do so are of the retirement age. There are many 'under 65' people who fall in love with the country and never leave.
What Does it Mean to Retire Internationally?
When the thought of retiring to an international country like Mexico comes to mind, many questions arise. Some think of retirement as a new way of life, putting their long working days behind them. Others seek semi-retirement, meaning they are intending to work, perhaps only a little. To retire internationally generally means to not work at all.
What is the Best Way to Live in Mexico?
Most tourists entering Mexico will automatically get a six-month tourist visa. These are provided free of charge at the destined airport. It is easy to live in Mexico for six-month increments while traveling back to your home country to renew your tourist visa. If this method is not suitable, one can apply to be a resident. When it comes time to claim status, applying for a rentista, or resident status, is by far the simplest way to live there.
This means that the successful candidate then has permission to reside in the country for twelve months at a time. This can be accomplished by proving outside income or by getting hired by a local company. This eliminates the need to leave Mexico every six months. As well, it builds credited time to becoming a permanent resident.
What are Some Options to Living in Mexico?
The simplest way to live in Mexico is to be a rentista or resident. However, setting up a new business, becoming a partner in an existing business, or getting a job in Mexico are other ways to reside in the country. It is not necessary to have a business started or a job offering before arriving in Mexico.
Who Can Own Property in Mexico?
Anyone can own property in Mexico. Buying a small seaside condo or a large beach house is definitely possible. It is even possible to build your own house in Mexico as long as the land has been purchased. The real estate rules in Mexico are vastly different from those in other parts of North America, so hiring a well-established real estate company is definitely a good idea.
Living in Mexico
Mexico is a wonderful country of sea air, warm smiles and friendly culture. It also has a vast amount of history. Enjoying fresh exotic fruit, tropically found animals, and a new language are only some of the treasures waiting for anyone who makes the move. A successful 'retirement' to Mexico can easily be accomplished with a little bit of homework and some good planning.
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