Wondering why people move to Mexico? Maybe you’re dreaming of a fresh start in a new country? Mexico’s vibrant culture, stunning landscapes, and affordable living make it an enticing option for many seeking a change of pace. Whether you’re drawn by the warm weather, the rich history, or the welcoming communities, Mexico offers a unique lifestyle that appeals to a diverse range of people.
Today, we will explore the various reasons why people choose to move to Mexico. From the lower cost of living and range of economic advantages to the adventure of exploring a new culture and the opportunities for remote work, there’s something for everyone. So, get ready to discover why Mexico might just be the perfect place for your next big move. Let’s dive right in!
Why Do People Move To Mexico?
There are many reasons why people move to Mexico. In recent years, people have been flocking to Mexico for many reasons. First and foremost, Mexico offers an affordable cost of living, making it attractive to digital nomads, retirees, and families. The country is home to beautiful landscapes, from golden beaches to rolling mountains, providing endless opportunities to enjoy the outdoors.
The people of Mexico are known worldwide for their cultural heritage, and their welcoming communities make for a smooth transition for expats. On top of this, the various options for visas and residency make Mexico even more attractive for relocating. As with any destination, there are some challenges when you are making the move to a new region. From bureaucratic processes to understanding cultural differences and language barriers and choosing a location that suits your lifestyle, the move can cause some stress.
The good news is that we are here to discuss all of the above! So let’s start with the good stuff and run through the benefits of living in Mexico.
Benefits of Relocating to Mexico
Quality of Life in Mexico
It’s undeniable that one of the primary reasons why people move to Mexico is the high quality of life. With its warm climate, diverse landscapes, and vibrant communities, Mexico offers an environment that encourages a healthy and enjoyable lifestyle.
Living in Mexico allows you to take advantage of outdoor activities year-round, thanks to the favourable weather. On top of this, the slower pace of life in many parts of the country allows for a better work-life balance, contributing to overall well-being and satisfaction, which is always a great bonus!
Cost of Living in Mexico
The cost of living in Mexico is considerably lower than that of many other Western countries. This, of course, makes it an attractive location for anybody looking to stretch their budget further. Housing, groceries, transportation, and healthcare are typically more affordable, allowing residents to enjoy a more comfortable lifestyle without breaking the bank. This economic advantage is particularly appealing to retirees and digital nomads who seek to maintain a high standard of living while reducing expenses.
Economic Advantages
Mexico’s emerging economy presents many economic advantages and opportunities for expats. The country boasts a range of opportunities for entrepreneurs, from a growing market for various industries to a supportive environment for small businesses. Additionally, Mexico has a favorable exchange rate, which can benefit those earning in stronger currencies. This, coupled with lower operational costs, labor costs, and a diverse workforce, makes Mexico an excellent place to start or expand a business.
Cultural Richness
Mexico is renowned for its rich cultural heritage, encompassing ancient civilizations and indigenous populations, colonial history, and vibrant traditions. This, coupled with the sizeable Spanish influence, enables expats to immerse themselves in the country’s diverse culture through its festivals, cuisine, music, and art. The strong sense of community and hospitality in Mexico makes it easy for newcomers to build meaningful connections and enjoy a fulfilling social life.
We could be here all day speaking about the many reasons why people move to Mexico, but we briefly summed up some of the best aspects of what Mexico has to offer. On the other hand, some challenges may arise if you do make the move, so it’s essential that we make you aware of what to expect.
Challenges and Considerations of Relocating to Mexico
When moving to Mexico, some of the main concerns for expats include safety, cultural and language differences, and healthcare accessibility. So, let’s understand why these require consideration and how to navigate these challenges successfully.
Safety
Safety is a primary concern for many considering a move to Mexico. While the country faces crime-related issues in certain areas, it’s important to note that many regions are safe and welcoming to expats. To successfully navigate this challenge, make sure to do your research. It’s important that you stay informed about the safety conditions in different parts of the country and choose your new home accordingly.
Exploring local expat communities and using resources such as government travel advisories can provide valuable insights. In addition, your typical common-sense safety practices, such as avoiding high-risk areas, staying aware of your surroundings, and adhering to local guidelines, will improve your security and provide you with peace of mind.
Cultural and Language Differences
Adjusting to cultural and language differences is another significant consideration when moving to Mexico. The cultural norms and social practices are likely to differ from those in your home country, and the language barrier can initially seem daunting. The best approach for a successful transition is to be open-minded and willing to learn.
Taking Spanish language classes before your move and once you have arrived can make communicating much easier and help you integrate more smoothly into the community. Locals will also appreciate the effort you make and are typically very patient. Engaging with local customs, participating in community events, and making an effort to understand and respect Mexican traditions can build a deeper connection with the local culture. Building a network of local and expat friends will make your experience more enjoyable!
Healthcare Accessibility
Mexico offers high-quality healthcare at a fraction of the cost found in many Western countries. Unfortunately, navigating the healthcare system can be a challenge for newcomers. Understanding how to access services, choosing the right insurance plan, and finding reputable healthcare providers are some of the key challenges for expats. Our advice is to start by researching the healthcare options available in your chosen area.
Private healthcare facilities often provide higher standards of care and shorter wait times. Securing comprehensive health insurance that covers a wide range of services is crucial. It’s also helpful to ask for recommendations from other expats and to establish a relationship with a local healthcare provider soon after your arrival. Similarly to our previous point, learning some basic Spanish medical terms will help here.
So, there you have our 3 main challenges when moving to Mexico. For each of these challenges, devoting some time to prior research and speaking with other expats will give you a headstart and push you in the right direction!
How to Move to Mexico: Visas and Residency
Now that we know why people move to Mexico, it’s time to dive into your visa options. Whether you want to retire, move your family, study, or open your business in Mexico, there’s likely a visa suited to your needs. The most popular visas include the Digital Nomad Visa, the Retirement Visa, the Student Visa, and the Business Visa. So let’s break these down further and discuss who they are for and eligibility requirements.
Digital Nomad Visa
The Mexico Digital Nomad visa was designed for remote workers and digital entrepreneurs who wish to live and work in Mexico while performing their job duties for foreign companies or their own online businesses. This visa caters to individuals who are not tied to a specific geographic location for their work and are seeking an affordable, culturally rich environment to live in.
Eligibility Requirements:
- Any foreign national who resides outside of Mexico can apply for this visa.
- Provide proof of employment with a foreign company or demonstrate ownership of an online business.
- Submit an official letter from your employer authorizing remote work.
- Meet the financial requirements, which include:
- A consistent monthly income of at least $4,300 USD after taxes for the past six months.
- An additional $1,500 USD per month for each dependent, if applicable.
- Or a bank balance of at least $73,000 USD in monthly bases over the past twelve months.
- Alternatively, you may qualify by owning property in Mexico valued at a minimum of $500,000 USD.
Retirement Visa
The Mexico Retirement Visa, also known as the Temporary or Permanent Resident visa for retirees, is tailored for individuals who wish to spend their retirement years enjoying Mexico’s warm climate, lower cost of living, and rich cultural offerings. This visa is ideal for retirees seeking a tranquil yet vibrant place to call home, where they can stretch their retirement funds and immerse themselves in Mexican culture.
Eligibility Requirements:
- Be over the age of 60 (age requirement may vary)
- Provide proof of sufficient financial resources, typically through:
- A consistent monthly income from pensions or other retirement funds, usually around $4,500 USD after taxes per month for the Temporal Resident or $7,300 USD after taxes per month for the Permanent Resident
- Significant savings or investments, often requiring a minimum average balance of $73,500 USD over the last 12 months for the Temporal Resident or $293,000 USD over the last 12 months for the Permanent Resident
- Letter for the public or private institution confirming that you are retired.
Where to Move in Mexico as an Expat
There are many destinations throughout Mexico favorable for expats. Whether you want to retire by one of the sandy beaches on the coast or have access to the growing hub of working professionals, Mexico has an option suitable for you. So, let’s explore our top cities in Mexico for expats.
Mexico City
As the capital of Mexico, Mexico City boasts a dynamic job market with opportunities in various sectors, from tech startups to multinational corporations. Digital nomads will appreciate the numerous coworking spaces, fast internet, and thriving expat community.
Students can benefit from the presence of prestigious universities and a rich cultural scene, providing ample learning and networking opportunities. Despite its hustle and bustle, Mexico City offers diverse neighborhoods, each with its own charm, making it possible to find a suitable living environment for different lifestyles.
Puerto Vallarta
Puerto Vallarta is a picturesque coastal city that draws retirees, digital nomads, and tourists alike. The city boasts stunning beaches, vibrant nightlife, and a friendly atmosphere. Retirees are particularly fond of Puerto Vallarta due to its excellent healthcare facilities, relaxed pace of life, and welcoming expat community.
The cost of living is relatively low compared to many Western countries, allowing retirees to enjoy a high quality of life. Digital nomads are attracted to the city’s scenic beauty, reliable internet, and numerous cafes and coworking spaces where they can work while soaking up the seaside ambiance. The mix of modern amenities and traditional charm make Puerto Vallarta a highly desirable location for those seeking both relaxation and adventure.
Merida
Merida is the capital of the Yucatan Peninsula. It is known for its rich cultural heritage, colonial architecture, and friendly locals. Merida is an excellent option for retirees and families due to its low cost of living, safety, and high-quality healthcare services. The city’s warm climate and proximity to beautiful beaches and Mayan ruins make it a fascinating place for those who like to explore. Merida also offers a slower pace of life, which many retirees find appealing.
For digital nomads and working professionals, Merida provides a tranquil environment with sufficient modern amenities, including coworking spaces and good internet connectivity. The city’s vibrant cultural scene, with frequent festivals, music, and art, ensures there is always something to enjoy.
Lake Chapala
Lake Chapala is the largest freshwater lake in Mexico. It is a particularly popular destination for retirees due to its idyllic setting, temperate climate, and affordable cost of living. The area around Lake Chapala, such as the town of Ajijic, hosts a large expat community, making it easy for newcomers to integrate and find support. The stunning natural beauty and the array of outdoor activities, such as hiking, boating, and bird watching, contribute to a fulfilling lifestyle.
While primarily known as a retirement haven, Lake Chapala also attracts digital nomads who seek a picturesque environment to work remotely. The combination of a close-knit expat community, beautiful surroundings, and a laid-back atmosphere makes Lake Chapala a perfect spot for those looking to enjoy life at a slower pace.
So there you have our breakdown of our favorite cities in Mexico for expats! Of course, the list could go on and there are many other cities worth exploring, with honorable mentions for cities such as Tulum, Playa del Carmen, and Oaxaca!
Frequently Asked Questions About Why People Move to Mexico
What are the main reasons people move to Mexico?
People move to Mexico for various reasons, including its affordable cost of living, which allows for a comfortable lifestyle on a budget. The country offers a high quality of life with diverse landscapes, from beaches to mountains, and a vibrant culture. Additionally, there are many economic opportunities, especially for digital nomads and entrepreneurs, and the warm climate and welcoming communities make it an appealing destination for retirees and families.
Is it safe to move to Mexico?
Yes, many regions in Mexico are safe, especially those popular with expats. However, it’s important to research specific areas, stay informed, and follow common-sense safety practices.
How does the cost of living in Mexico compare to other countries?
The cost of living in Mexico is significantly lower than in many Western countries, including the United States, Canada, and parts of Europe. Housing, groceries, transportation, and healthcare are all more affordable, allowing residents to enjoy a high standard of living without excessive expenses. This makes Mexico an attractive option for retirees, digital nomads, and anyone looking to reduce their living costs.
What is the quality of healthcare like in Mexico?
The quality of healthcare in Mexico is generally high, with modern facilities and well-trained medical professionals available, especially in larger cities and popular expat areas. Private healthcare is more affordable compared to many Western countries, and many doctors speak English. Expats can choose from a variety of healthcare options, including private insurance plans, which provide access to high-quality medical care at a fraction of the cost found in their home countries.
Conclusion: How Lexidy Can Help You Move To Mexico
Mexico is an attractive destination for many people, which we have discussed already. The opportunity to explore a new culture, whether for business, study, or retirement is very exciting!Are you ready to take the first steps toward moving to Mexico? Book your free consultation with Lexidy’s legal eagles today to explore your best options for moving to Mexico!
