15/09/2016
Living Simply and Affordably in Mexico
When foreign residents are asked why they moved to Mexico, among the most common reasons they cite is ‘a desire to simplify our lifestyle’. And when people moved here to accomplish that reflect on their choice, they usually discover that the complexity of their ‘previous life’ was more expensive than they realized.
A by-product of simplicity is the reduction of costs. You may of course, move to Mexico, live a lavish lifestyle, and spend more than you do in your home country. However, many people who come here to find a new space also come to know of the attractions and benefits simpler lifestyles provide, and find they are able to live well through living simply in Mexico.
Simple living is concerned with refocusing your priorities and giving attention back to matters related to good health, reviewing your work routines, making new space to share with family and close friends, reducing stress, and reducing ‘clutter’— material and situational: a key principle of simple living is to improve your ‘quality of life’ through being materially simple, but not poor.
In addition to people approaching, or planning for, retirement, we’re receiving an increasing number of inquiries from working-age people, particularly those working independently, who are considering relocating to Mexico as part of a life and work-style change. Modern communications, and particularly the Internet, makes tele-working a real and viable possibility for increasing numbers of working professionals.
Mexico offers a number of key attractions to working age people thinking of places for relocation, which we have discussed in previous articles about working in Mexico. For those thinking about retirement, this country continues to be one of the world’s most popular places for foreign retirees.
Land and property costs continue to be affordable in Mexico and the affordability continues even after your purchase, because ownership costs are lower in Mexico than in the United States, Canada, and western Europe. Take advantage of lower property ownership costs in Mexico.
While financial considerations are only part of the criteria people consider as they explore relocation, finances remain a cornerstone of the decision-making process. For working-age people, lower costs can translate into additional income available for retirement or other savings; and for retirees on fixed incomes, Mexico’s lower basic living costs can make your income stretch further. Actual living costs will depend on your lifestyle choices and expectations:.
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