Donald Trump may be obsessed about a border wall to keep the “bad hombres” out, but it is likely that many of his countrymen could be headed in the opposite direction.
InternationalLiving.com‘s Global Retirement Index, which identifies the top 24 retirement destination in the world, just named Mexico number one in the world in 2017.
The popular site’s annual ranking is based on cost of living, retiree benefits, climate, healthcare, as well as other key liveability factors. It compares, contrasts, ranks and rates good-value havens all around the world.
It said that Mexico offers a diverse geography, which offers everything from white-sand beaches to mountain-side colonial cities, means expats have a broad choice in locales. Also, the country’s climate ranges from moist, tropical heat to dry desert and everything in between. It is rich in casual beach towns, vibrant Spanish-colonial cities, and small country villages.
With the peso at historic lows against the United States currency, Mexico is also now more affordable than it has been in years. Expatriates from the US report that it feels like Mexico is on sale.
While political banter often paints the country in a negative light, the truth is Mexico has consistently made the top 10 list of ideal retirement destinations in the world. It already hosts more North American expats than any other country in the world, with well over a million US and Canadian citizens living in various communities throughout the country.
Many cite the modest cost of living and the high quality of life as chief motivators to consider retirement there. Also a catalyst is the fact that healthcare costs are between 25% and 50% cheaper than in the US. Meanwhile, a comfortable two-bedroom condo located close to the beach would cost as much as US$575 (RM2,537) a month.
Primarily, those interviewed by InternationalLiving.com say it is “the easy life” that draws them to Mexican shores, with its warm and friendly people, vivid colours and ever-present music.
Among the specific categories the website looks at when ranking retirement destinations are: buying and renting property; benefits and discounts; visas and residence; cost of living; fitting in; entertainment and amenities; healthcare; healthy lifestyle; infrastructure; and climate.
The key aim of the Index is to help retirees find locations where their money goes further, offering them the best value in terms of real estate, cost of living, and overall quality of life. The Index also assesses the quality of a country’s healthcare and infrastructure, the proficiency in English of the local population, and the size of existing expat communities.