The Best Places To Retire Overseas

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By Lifestyle Fifty

Have you ever wondered where are the best places to retire overseas? Would you retire overseas? Or would you prefer to stay close to friends and family?

Let’s be frank though, many people are looking for the cheapest places to retire in the world because countries like Australia are considered expensive if you’re on a budget or pension.

I asked some of my friends if they would retire overseas and they came up with some interesting answers.

Some say they would miss their family too much, others say their priorities will change when they retire and they would definitely consider living in another country. Others say they would live abroad for some part of the year, others say they would like to housesit in exotic destinations for short bursts of time.

Mostly everyone I spoke to said they didn’t really see retiring as stopping altogether, but that living within your means should mean enjoying a safisfied and simple, unstressed life. “You don’t need to be a millionaire to achieve that (although it would be nice)” one person said.

Many others are looking for cheaper places to retire and wondering if they can find a better life overseas. Or looking for countries which give them more bang for their retirement buck than say countries like Australia.

In some countries where the quality of life is high but the cost of living is low, retirees on a modest budget can afford indulgences like a housekeeper, a home close to the beach, top-quality healthcare, regular meals out and more.

For those of you who are thinking of spending some of your retirement (or protirement) days living in a country which offers more value for money than your home country, here are some of the best places to retire in the world based on the judgement and experience of in-country expats interviewed for an article on International Living.

Panama

Considered amongst the best places to live in South America, Panama is so much more than its modern, cosmopolitan capital city. There are mountain towns boasting cool climates, pine-covered hills, and sweet, Swiss-style cottages framed with bright bursts of bougainvillea. And of course there are beaches galore, from the white sand gems of the Caribbean, to the many popular and easily accessible beaches of the Pacific.

Equador

Sell your winter clothes…and get ready for the adventure of a lifetime in the Land of Eternal Spring. Every cliché you’ve heard about living large on little … on even a retiree’s budget … is true in Ecuador, one of the best places to live in South America.

Ecuador lies in the northwestern corner of South America, bordered by Colombia to the north, Peru to the south and east and the Pacific Ocean to the west.

From the Andes Mountains to dense tropical rainforests, and on the west balmy Pacific beaches. In between, you’ll find more climates, cultures and natural wonders than almost any place on earth.

Ecuador also offers special benefits to residents aged 65 and older. Public transportation is half price, airfare (even when flying internationally) is significantly discounted and seniors receive a monthly refund of sales tax paid. Plus you get to go to the front of the line at the bank and grocery store!

Bali

Would you retire in Bali? Bali is a place of tradition and symbols…an island of fragrance and flower offerings. You’re surrounded by blooms. You’ll step over them on the street, find them on the beaches, outside houses and piled in the many temples.

Canggu is popular amongst expats because it’s a bit rural and off-the-beaten-track, removed from the main tourist centres.

We love Ubud – the vibe, the art and the surrounding beauty.

Although foreigners aren’t permitted to own land in Bali, many have obtained long-term land leases and built or purchased villas of their own.

According to some expats almost everything costs less in Bali  than it does back home and that Bali is becoming a dental tourism hotspot among Australians.  Some Australian expats live half of the year in Bali and half in Australia.

Here’s a helpful holiday packing list for Bali.

Cambodia

“English-speaking, friendly locals, welcoming expats, low-costs, top-notch cuisine, white-sand beaches, boatloads to see and do… The list goes on…and on…and the good news is Cambodia doesn’t fall short on any of them,” says Steven King who put down roots in Phnom Penh.

Mexico

Mexico is full of overlooked retirement havens where you can retire in luxury without spending a fortune. The country’s lower cost of living—and of just about everything else—means a comfortable, fulfilling life here will likely cost you a fraction of what you pay back home. From real estate to groceries, entertainment to healthcare, life in Mexico simply costs less.

Thailand

From the golden beaches to the fabulous food and friendly people, it’s easy to see why Thailand is known as “The Land of Smiles”.

For years, its warm climate, low cost of living and laidback lifestyle have attracted tourists and expats from around the world for both short-term and long-term stays. Some of the world’s most beautiful beaches are located in the south of the country. From the bustling seaside resorts of Koh Samui and Hua Hin  to the more tranquil islands of Phi Phi and Lanta, there is something for everyone who dreams of retirement in the tropics. Some expats prefer to live in the smaller villages that dot the coastlines on both sides of the country, where accommodation costs are much less expensive and life is slower paced.

Malaysia

Bang-for-buck, the quality of life in Malaysia puts it among the best retirement havens in the world and makes it the number one spot in the 2018 International Living Australia Global Retirement Rankings.

Original Source: http://bit.ly/2ClbpBO

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The Real Costs of Living in Mexico

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By Janet Blaser | International Living

So many things are so much cheaper in Mexico it’s hard to know where to begin. Even after 12 years living in Mazatlán full-time, I still get surprised.

Case in point: pet care. Dr. Cesar, my vet, makes house calls. Actually, that’s all he does: he’s a mobile vet and shows up at your door with an over-sized tackle box full of injections, pills, and other equipment. I call him from my phone or—much easier and free—I message him via WhatsApp; he’ll come the same day if it’s an emergency or if he’s nearby; otherwise we make an appointment for the following day. The last time he came, he gave both my cats their annual inoculations and the charge was about $10.

Let’s talk about home maintenance. My plumber charges $8 for a house call, and he can usually come by on the same day I contact him. If it’s an easy repair, he does it on the spot and there’s no further cost. If he needs parts, he’ll go on his bicycle, buy them, come back with the receipt, and then I pay him at cost. An electrician, washing machine, or air conditioner repairman is the same: $8 to $10 for a basic house call and simple repair, plus parts if any are needed.

At these prices, it’s hard not to tip them, or just pay them more. But that disrupts the regular local payscale and can make for inflated “gringo prices.” I’ve come to terms in my own way by giving regular service providers a “bonus” at Christmas, which is more in line with the local culture.

What about medical care? Here in Mazatlán, a basic office visit to most doctors, even specialists, is $21 to $23, and appointments are usually available the same day or the same week. You can walk into the emergency room at any of the many private or Red Cross clinics and be seen by a doctor for $13. And it doesn’t have to be for a real emergency—if you need a prescription for flu symptoms, relief from “Montezuma’s revenge,” or think you sprained your ankle, they’ll gladly assist.

There are also big reputable laboratory chains that offer imaging, vision tests and glasses, all kinds of blood tests, and more at unbelievable prices—in spotless, professional, well-run centers with the newest equipment and highly trained personnel. For example, at Salud Digna—which has more than 50 locations throughout Mexico—I can make an appointment by phone or online for the next day or just walk in and wait in line. A “Woman’s Package” includes a mammogram with ultrasound, Pap smear, and bone density scan for less than $20. A “Complete Adult Package” checks 26 things, including cholesterols, a general urine exam, glucose, proteins, and triglycerides for the same price. You pick up the results the next day and then meet with your regular doctor to go over them.

Recently, fed up with my Dollar Store reading glasses, I went to Ver De Verdad, a popular eyeglass chain. An on-the-spot exam and a pair of stylish Prada-copy polycarbonate frames: $46.

I like to ride my bike around town, especially along the beachfront boardwalk. However, it gets dirty and the humidity makes for a lot of rust. Do I want to clean it? No. What to do? Enter Roberto, a bicycle repairman I found through a local bike rental shop. He came to my house, cleaned the entire bike, sanded, sealed and painted the rusty rims, replaced the brakes, oiled and lubricated the gears, etc., all for about $10. I have a car, too, and when it needs to be washed, I take it to Javier, for a $4 cleaning, inside and out, that’s better than I’d do myself.

Last year I moved from one side of town to the other, and I’m embarrassed to say it took five full-to-overflowing loads of a specially rigged pick-up truck to do so. That included appliances (refrigerator, stove, washer, two air conditioners), two couches, 15 big plants, patio furniture, two-bedroom sets, assorted living room pieces, and umpteen boxes of assorted “stuff.” The team of six movers carried everything up three flights of stairs (or winched things up over the balcony), placed all the items in the correct rooms, and even switched rooms for a few things. This was all done in an afternoon after the crew had come and assessed exactly what I had to move. The cost? About $265.

These are real costs from where I live in Mazatlán, and they’re a big part of the reason so many of us are deciding to move to Mexico. Although prices may vary in other parts of the country, you can rest assured your overhead here is going to be much less than in the U.S. or Canada.

That makes it really easy to live a less stressful, less complicated, and generally happier life. And isn’t that what we’re really looking for?

Original Source: http://bit.ly/2BZexav

How To Retire In Mexico As An American

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By Christian Reeves  |  Escape Artist

More and more Americans are retiring abroad to enjoy better weather, new experiences and relaxed lifestyles, as well as access to affordable health care and a lower cost of living. Mexico is the most popular destination because it offers all of this and it’s also close enough to home. In fact, about 10 times more Americans retire to Mexico than any other country.

Apart from the proximity of Mexico to the United States, there are a number of reasons to consider Mexico as a place to retire. For example, American retirees have established communities in cities across Mexico that offer affordable real estate in incredible locations. Some of the best are  Cabo San Lucas, Lago de Chapala, San Cristobal de las Casas (my favorite), Playa del Carmen, Tulum, Puerto Vallarta, San Miguel de Allende (which I think is the most beautiful), Tijuana-Rosarito (best for business and proximity to California), and Ensenada.

If you are going to retire in Mexico you will need to know about real estate in Mexico. You can see Mexico real estate information for some of the markets above below:

  • Playa del Carmen real estate
  • San Migel de Allende real estate
  • Cabo San Lucas real estate

It is possible to retire with $800 a month in Mexico if you’re willing to live modestly in a small apartment, eat simple meals at home, and give up some amenities. Alternatively, you can easily spend $10,000  a month being in a large exclusive beach community and taking full advantage of the countless fine dining and leisure opportunities. Most American retirees live on $1,500 to $3,500 a month in Mexico.

Some of the most popular places that Americans are choosing to retire are cities that share a border with the United States like Tijuana, Rosarito, and Ensenada. Tijuana is quickly becoming a favorite spot for Retirees because if its proximity to the US, its food, and growing technological and manufacturing industry. Trump might wipe out the manufacturing sector, but FinTech is coming on strong.

The problem with Tijuana is that it’s very large and the demand for American quality real estate is high. Be prepared to spend $2,500 a month for a quality 2 bedroom apartment. Better values are available in Playas de Tijuana, a coastal town 30 minutes from downtown.

Rosarito’s beaches are filled with American pensioners due to its relatively low cost coastal homes. You can buy a house with a beachside view for $83,000 dollars. Ensenada is growing more and more thanks to the popularity of its wine valley, Valle de Guadalupe which offers everything Americans go to Napa Valley for only much cheaper.

Other cities with more traditional architecture located in the heart of Mexico are retirement hot spots. For example, San Miguel de Allende and Puerto Vallarta are largely populated by American retirees. In the cost of living, San Miguel de Allende in Guanajuato are standouts for being a bargain for retirees who will spend on average between $1,200 and $1,600 a month.

Puerto Vallarta is a bit more expensive than San Miguel de Allende with a higher cost of living of $1,600 to $2,000 dollars a month. Puerto Vallarta is a Mexican beach resort city situated on the Pacific Ocean’s Bahía de Banderas near Guadalajara. It’s basically in the middle of Mexico.

In order to retire and start living in any of the aforementioned cities in Mexico it is widely advised to apply for a Retirement Visa. Getting a visa in Mexico, unlike the United States, is a short and almost always uncomplicated process. Here are the steps you must take in order to apply for a Retirement Visa:

Submit a letter from the bank or financial institution that checks investments or bank accounts with an average monthly balance equivalent to $99,350 USD during the last 12 months and the accounts corresponding to that time period. The bank’s letter must contain your full name, date of opening of the account, the balance for the last 12 months and must be signed by a bank official and the original document must be submitted.

OR

Have a monthly income pension fee greater than $2,500 USD during the last 6 months. The Social Security letter indicating your pension and the account statements of the last six months where that amount is reflected can be presented.

You will also be required to present the following documents:

Passport or identity document and valid and current travel visa, in original and copy. With a minimum validity of 6 months. Confirm that your passport has enough blank pages to stamp the visa.

A photograph with visible face and without glasses, color, passport size, measurements should be at least 32.0 millimeters x 26 millimeters and a maximum of 39.0 millimeters x 31.0 millimeters, with white background and front.

If you’re not a US citizen, you must show proof of legal stay in the United States through an original and a copy of the US visa you have, the stamp of entry to the United States of the ESTA, approved work permit or permanent residence. A US visa generally allows you to avoid applying for a visa to enter Mexico.

After you obtain the Retirement Visa you can apply for Permanent Resident Visa after 4 years. The steps that an American retiree needs to take in order to become a legal resident of Mexico are simple.

If you’re older than 50 years of age and provide proof that you can maintain and take care of your family and each one of your dependents you qualify for permanent residency. You will also have to prove that you are still retired, a letter from the US Social Security Office will do just fine. Almost all of this process can be completed at a Mexican Consulate in the United States.

Original source: http://bit.ly/2HgZXee

8 Reasons to Pursue Early Retirement

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By Craig Stephens | U.S. News

Most people retire during their 60s. To retire earlier than that requires planning, discipline and paying close attention to your savings and investments. But the sacrifices and extra effort are worth the trouble. Early retirement planning makes you rethink what brings you happiness and life satisfaction outside of your career and improves your financial footing. Here are eight reasons to pursue early retirement:

Address the future today. Many Americans are unprepared for retirement and may need to continue working during their 60s and beyond. A primary reason for being unprepared is a lack of planning and saving in their younger years. By setting a goal to retire early, you begin to analyze your finances and design and implement a plan to get there. The sooner you begin planning and making serious efforts to secure your retirement future, the greater your chances of achieving it. Analyzing your current financial situation and creating a plan is good at any stage of your life, but preparing for retirement gets more difficult the longer you wait to start saving.

Increase income. Once you decide on an early retirement goal, you’ll quickly realize there’s a good chance you won’t be able to do it without spending sacrifices or extra income. Sacrifices are hard to adjust to, so many people prefer to accelerate their retirement savings. Planning for early retirement motivates workers to excel at their current job to receive promotions and raises. Some savers also seek out ways to earn money beyond their primary source of income. Extra income ideas can include a second job, side business or real estate investing.

Circumstances may require you to retire early. Not everybody retires in their desired fashion. At some point, you may not be able to work. However, when you prepare your life and finances to be able to retire early, you’ll also be better off in the case that you are forced to retire early. For example, during the recession in 2008, some older workers retired due to job loss and difficulty finding work in a pool of younger workers. Health ailments can also sideline a career, especially for workers in professions that require physical activity. Pursuing early retirement can reduce the hardship if your working years are cut short for reasons outside of your control.

Improve your relationships. Early retirees have more opportunities to spend time with people they care about. By achieving early retirement status, social activities can become priorities in your life instead of a slice of your calendar. Your spouse and family will also benefit from the added time you have to enjoy each other’s company. That’s not to say you can’t have strong relationships while you work full-time, but early retirement gives you more time to dedicate to family members. Another benefit is the ability to be available to friends and family who need help. Freedom from work requirements allows you to serve others in need, which is far more gratifying than writing status reports.

Travel. Vacations from work are rarely long enough. Travel is best when it’s unrestricted by time. Early retirement allows for extended travel, which is difficult to schedule when you’re employed full-time. It also helps to prevent age from being a limiting factor in your travel decisions. Plan a month or two in an intriguing city, volunteer in a recent disaster region or travel by land through multiple countries. When your time allotments are less restricted, the opportunities to explore are more abundant. Extended visits will make you appreciate each destination more thoroughly than a quick tour stop.

Prioritize your health. Commuting, work travel and firm time commitments are consequences of a full-time career. When you’re working full-time, exercise tends to be secondary to the rest of your daily responsibilities. Sitting most of the day in a chair is inherently unhealthy, while the constant temptation of office treats is a detriment to healthy eating decisions. Good health is perhaps our most important asset. When you retire early, you can prioritize your health while you’re still relatively young, allowing you to improve your overall well-being and potentially extend your longevity.

Lower consumption and spending. One of the most effective strategies for retiring early is lowering your annual cost of living. A lower cost of living requires a smaller retirement nest egg, enabling you to stop full-time work earlier. A secondary benefit of reducing your costs is becoming more conscious of your consumption and spending decisions. Smarter consumption habits are better for your pocketbook and reduce your global footprint.

Failure isn’t a bad outcome. Even if you fail to reach an accelerated early retirement goal, you’ll be better off than if you didn’t attempt to pursue it at all. Setting an early retirement goal will motivate you to spend more intentionally, earn more, invest more, consume less and pay closer attention to your finances. These are all good habits whether you can leave the workforce early or not.

Original source: http://bit.ly/2FP2njj

What is a mexican fideicomiso?

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By Christian Reeves | Escape the artist

The fideicomiso is a legal constrict similar to a trust to which which a person gives ownership of certain assets for it to administer. The fideicomiso, sometimes referred to as a bankers trust, is  most commonly used to hold real estate in Mexico. Such a fideicomiso is a real estate trust that is held under your name in a Mexican bank (Scotia Bank, HSBC [the world’s largest bank] Banamex {citigroup}, Santander [the largest bank in Spain], etc). The bank acts as the fiduciary, you and your heirs and assigns are the beneficiaries of the fideicomiso.

As the beneficiary of the fideicomiso you absolutely and irrevocably maintain control of the property, use, maintenance, control over all property decisions. The fideicomiso is not a lease, it is equivalent to a fiduciary in the US.

The fideicomiso gives the beneficiary absolute control of the property. So you can enjoy it, lease it, improve it, mortgage, sell, inherit, give away. Basically, your property is under a fiduciary of which you are the owner to be managed by a bank in Mexico on your behalf.

The purpose of a fideicomiso is to authorize foreigners the power to buy real estate in Mexico within the “restricted” zone and ensure a secure transaction. The “restricted” zone is land 31 miles (50 km) from the coast and 62 miles (100 km) from the border. When the Mexican Constitution was written it was designed to protect this land and prevent the great loss of land that had occurred throughout its history.

In order not to amend the Mexican constitution, they created and added the fideicomiso to promote high demand international investments, especially on the coast. Residential properties outside the restricted zone can be acquired directly by foreigners without a fiduciary, however, some buyers decide to obtain it.

Your fiduciary is not owned by the bank; they are simply administrators. You and your kin are the beneficiaries. The fideicomiso of your Mexican property is granted to you, the beneficiary and is not considered as property of the bank. In this way your property is not exposed to legal problems in which the bank can be found. You are the beneficiary of the fiduciary.

Americans usually worry that their property may be taken over by the Mexican government. Under the North American Free Trade Agreement (NAFTA), Mexico can not, directly or indirectly, expropriate. The only exception is when the government needs the land for public works (example: road construction).

Only through legal condemnation is this possible. In the rare case that it is necessary to expropriate land, the government will pay the current price with interest to the owner of the land. This is known as Eminent Domain in the US, Compulsory Purchase in the UK or Expropriation in Canada.

If you have heard one of those stories of people buying property that was re-taken by the Mexican government, it is because the unfortunate person bought land Ejidatario, which is land without title and only a Mexican citizen is authorized to buy it. Ejidatario land in land without title.

We recommend hiring a lawyer because we believe it is the most prudent. A lawyer represents you and will protect your legal interests. The lawyer will draft the contracts and review the terms and conditions of the sale. Legally only a lawyer with a degree can provide legal advice. International lawyers who do not have a degree to practice law in Mexico should not be advised in Mexican law.

Many investors choose to buy property through a corporation if their intention is to work and transact business. This would be the case in situations such as buying and selling land, renting your property or owning more than one property.

Banks in Mexico are protected by the government in case of bankruptcy. The fideicomiso is indirectly guaranteed by the government. Properties in a fideicomiso are not owned by the bank. In the rare case that a bank in Mexico is economically in trouble, the property will be transferred to another fiduciary bank. The new bank will be responsible for managing the fideicomiso. These laws were created by the federal government.

We can also assist you to buy property within a fideicomiso using your US retirement account or an offshore corporation for maximum protection and privacy. Both of these options will add significant value to your Mexican property.

The IRA can be used when you will buy a property and rent it out. In that case, rental income and capital gains will flow back into your IRA account free of US tax. When and if you wish to live in the property, you will distribute it out to yourself as a taxable event. For more on real estate in an IRA, see: Can I buy real estate in my IRA?

As for an offshore corporation, we typically form an entity in Cayman, BVI or Panama for this purpose. While these jurisdictions are more expensive that Nevis and Belize, they tend to work  best with Mexico.

Original source: http://bit.ly/2EfUCWx

Retired in Mexico: No Time for Rocking Chairs

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By Q-Roo Paul | Two Expats in Mexico

If you’re a regular reader of the blog, you might remember that Linda and I spent the holidays back in Florida. It was nice to see everyone, but to tell you the truth, I was bored quite a lot of the time.

At the time, I even commented to Linda that if we had stayed in the U.S. after we retired, I would have ended up going back to work just to have something to do — and of course to pay the bills because it’s more expensive there.

We’ve been back in Mexico for about a month now and I haven’t been bored once. In fact, we’ve been running non-stop since our return.

Readers often ask us what we do to stay busy. That’s a tough question to answer because it varies from day to day. Our standard response is something like: We socialize, travel, blog and basically live every day to the fullest.

I realize that that response doesn’t really answer the question, so I came up with the idea of giving our readers a better idea of what we do by just looking at the last seven days.

February 1

Linda woke up early and headed to yoga class. I decided to take a brisk two mile walk, followed by some light weight training.

We headed home to take another shower before meeting a different group of friends for dinner on Akumal.

After dinner, we went back to a friend’s condo and we all sat around talking on the rooftop terrace.

February 2-4

As usual, Linda headed to yoga and I worked out on my own.

Afterwards, we showered, packed a suitcase and headed to the ferry in Playa del Carmen. A friend of ours invited us to stay at his place in Cozumel for the weekend.

The weekend was full of fun, sun, great food and cold beverages. On Sunday, we all headed to The Pub to watch the Super Bowl.

February 5

This was our administrative day for the week. We went grocery shopping, cleaned up around the condo, washed clothes and installed a couple of new ceiling fans.

We were still worn out from the weekend on Cozumel, so we ate at home and turned in early.

February 6

After a good night’s rest, we were back at it and headed to the beach to have lunch with a friend who was in town for a few days.

After enjoying some delicious Cochinita Pibil (Mayan pork dish), we headed to Tulum to pick up a neighbor who was dropping of her rental car and needed a ride home.

We got home in time for me to grab a 40 minute nap before we had to go out again.

A couple of our neighbors had just flown in from the U.S. and we all went to Playa del Carmen for dinner. We met up with a couple of more neighbors who were already in PDC for a doctor’s appointment.

February 7

By this point in the post, you may have noticed the pattern that our days are full of friends, food and fun. This day wasn’t any different, so I’ll spare you the details.

Original source: http://bit.ly/2FYZLys

Baby Boomer Retirement – Where is Lake Chapala, Mexico and Why Should You Care?

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By Joel K. Smith | Vallarta VIP

First let us address the, “Why Should You Care Where Lake Chapala, Mexico Is?” question.

With the current economic climate many baby boomers and soon to be retired folks are asking,

Will I be able to retire?

When can I retire?

How much do I need for retirement?

If you have been asking any of these questions or some form of them, there may be a solution. And it might just be one that you have not considered yet.

The solution to your retirement problem could have been to retire to Lake Chapala, Mexico.

Does that sound like a radical idea? Read on.

As you read this, according to the US State Department, there are over 1 million Americans living or retired in Mexico.

One of the big reasons is cost of living in Mexico. It costs less to live and live well in Lake Chapala, Mexico. In some cases retires are living on 25% – 35% of what they were were living on in the good old US of A.

The next question that people ask when investigating Lake Chapala and Ajijic as a Mexican retirement destination is, “Where is Lake Chapala, Mexico and how do I get there?”

Eight years ago in 2001, when I was checking out Lake Chapala for the first time, there was less info on the web. Lake Chapala was not as easy to find doing a web search as it is today.

Now if you Google ‘Lake Chapala Map’ or ‘Ajijic, Mexico Maps’ you’ll get some decent results from your search query.

So anyway, back in spring of 2001 I cracked open my trusty dog eared Rand McNally USA Road Atlas to see if by chance that they would have a page or two with a Mexico map. Well, luck was on my side and lo and behold, there it was a single solitary page, page128, the entire country of Mexico.

I needed to put my cheaters on, er my reading glasses to read the details. Then I spotted her, Lake Chapala it looked like a tiny puddle of water just east of Guadalajara, Mexico’s second largest city.

Actually, Lake Chapala is a big lake, Mexico’s largest lake.

Here’s a trivial question for you.

What does Maui, Hawaii; Cozumel, Puerto Vallarta, and Guadalajara, Mexico have in common with Lake Chapala, Mexico?

you guessed that they enjoy same latitude. You win the prize and get to go to the head of the class. That’s right, all five of these locations are 20 degrees Northern latitude.

You might be saying, “so what’s the big deal?”

Ok, here’s the scoop.

Point # 1: Most of these areas are well known and popular vacation spots and expensive to live in. Lake Chapala in Mexico has the advantage of being highly affordable without having to scrimp on your retirement lifestyle.

Point # 2: Great weather. Believe it or not, National Geographic rated Lake Chapala top weather for retirement in the world. So what are you waiting for? Check out some resources for life and retirement in Mexico.

Original Source: http://bit.ly/2s6RzdG