How To GuideRelocating to Mexico How to Achieve Work-Life Balance in Mexico: The Leon Family’s Story by Brent May March 27, 2024 written by Brent May Moving to Mexico is a decision many people contemplate for various reasons. Whether it’s seeking a change of pace, a warmer climate, experiencing a new culture and learning a new language or simply a new adventure, the allure of Mexico is undeniable. Today, we catch up with Mike Leon, our Bayside Real Estate agent in Huatulco, who shares his family’s experience five years into their Mexican journey. Childhood Dreams Fulfilled Mike reminisces about his childhood in Toronto, painting a picture of bustling streets and carefree adventures. Now, as a father of two sons, aged 11 and 13, he sees them relishing a similar upbringing in Huatulco. He notes the abundance of activities and the sense of safety that allows his boys to wander freely in town, mirroring his own childhood experiences. Abundant Opportunities In Huatulco, Mike’s sons are thriving, engaging in many activities ranging from soccer to music lessons. The small-town vibe not only fosters a sense of community but also makes these activities more accessible and affordable compared to their Canadian counterparts. Mike emphasizes the quality of teachers and the options available, enabling his sons to explore their interests freely. Family-Centric Lifestyle One of the most significant changes for Mike and his family has been the shift towards a more family-centric lifestyle. With reduced commute times and a slower pace of life, they’ve found themselves spending more quality time together. Designing their lives around their children has led to a better work-life balance and a closer-knit family life. Read Lifestyle Design in Huatulco: One Family’s Life-Changing Story Overcoming Skepticism Initially, the decision to move to Mexico was met with skepticism from some family members, fueled by negative media portrayals. However, visits from loved ones and firsthand experiences have dispelled these fears. Witnessing the Leon family’s thriving lifestyle has even prompted some to follow suit, with one family member purchasing a home in Huatulco. Embracing Adventure Living in Mexico has opened up a world of opportunities for the Leon family. From their new home base, they’ve been able to take impromptu road trips close and far away embracing the spirit of adventure. They have been able to travel extensively while still enjoying the comforts of home in Huatulco. Read more: How To Travel to the Yucatan from Huatulco Read more: How To Visit Chiapas State from Huatulco A Vibrant Community Mike and his wife have found a vibrant community in Huatulco, filled with like-minded individuals and fellow expats. The influx of families post-COVID has only enriched the community, reflecting a broader trend of people prioritizing lifestyle and flexibility over traditional norms. Gratitude and Fulfillment Reflecting on their journey, Mike expresses immense gratitude for the opportunity to live such a fulfilling life in Mexico. The improved quality of life and better health outcomes serve as testaments to their decision to embrace change. As Mike puts it, “Our enjoyment of life is proof of success in changing lifestyles.” The Leon family’s story is just one example of the countless expats who have found a new home and a renewed sense of purpose in Mexico. If you’re considering making the move yourself, mexicoliving.com offers a wealth of practical resources, from visa information to real estate listings. If you’re ready to make Huatulco your new home, get in touch with Mike. He’ll help you find your new family home. 📞 958 124 7049 📷 sellinghuatulco March 27, 2024 0 comment 0 FacebookTwitterPinterestEmail
Yucatan Meet Progreso: Yucatan’s Public & Private Infrastructure by Brent May March 22, 2024 written by Brent May Progreso is a dynamic, growing town on the coast of the Gulf of Mexico in Yucatan state. Over the past decade, the town has seen significant investment in infrastructure including upgrades and renovations to the pier, the port, the Malecon and surrounding streets and other essential services like water treatment plants. At the same time, Progreso’s real estate market is thriving and offers a range of investment opportunities. The town has seen a steady increase in tourism and port activity over the past decade, which has helped to drive growth in the local economy. The development of new roads, bridges, and public transportation systems has helped to make the town more accessible to residents and attractive to investors. An Historic Shipping Hub and Resort Destination Progreso has undergone a tremendous transformation over the years. As a small fishing village, Progreso came to the forefront of the shipping industry in the mid 1800s and then became a seaside resort destination for wealthy tourists escaping the heat from the city. Hotels and vacation homes were built. Progreso became well-known for its emerald waters and beautiful beaches. Investment in Progreso Government and private investment in Progreso has played a significant role in the growth and development of the town. Over the years, the government has invested in various projects and initiatives aimed at improving the town’s infrastructure, promoting economic development, and enhancing the quality of life for its residents. History of Progreso’s Port The economic base of Progreso is fishing and maritime commerce. Historically, Progreso shipped henequen products, mainly rope and twine made from the agave plant. In the 1960s and 70s, Yucatan’s products began being shipped more by land, drastically reducing Progreso’s port activities. But the port expanded its activity and began shipping honey, henequen artifacts, chewing gum, fish and other articles. In 1999, work began on the fourth stage of the port’s expansion, one of the most important investments in the maritime port sector. This renovation allowed access to larger vessels. Sustained Shipping Growth The federal government is currently investing in the new expansion of the Puerto de Altura de Progreso based on considerable growth over the past decade in maritime traffic. In 2017, the Mexican government recognized Progreso, Yucatán, as one of the most important special economic zones in the entire country. Expansion and modernization works are in progress to increase the depth and width of the navigation channel, which will allow larger cargo ships and cruise ships with greater passenger capacity to dock, which reinforces competitiveness and tourist affluence. Progreso’s Port Expansion The plan to expand the Port Altura in Progreso involves enlarging the port’s platform from 32ha to 72ha. This project will be done in collaboration with the Mexican Navy (SEMAR). Currently, ships with 36,000 to 40,000 tons of cargo can dock; with the improvements, ships that move up to 100 tons will be able to dock. Yucatan registered a movement of eight million 427,275 tons of cargo in 2022, the highest figure reached so far, according to the Mexican Ports Statistical Report of the Ministry of Infrastructure, Communications and Transportation (SICT). Total cargo in 2022 represented an increase of 21.9 % with respect to 2021, which positioned the State in the “Top 5” for growth in the Gulf-Caribbean zone, and at a national level, among the seven entities with the highest volume moved. The cruise ships that arrive now have capacity for 2500 passengers. Once the works are finished, number will increase to up to 8000 passengers. The Great Shipyard Once the works finished, the Italian shipping giant Fincantieri, will create and operate the largest shipyard in America in Progreso. The investment in the first stage is $150 million dollars, which could reach up to $500 million dollars, generating thousands of direct and indirect jobs for the area. Fincantieri has 230 years of history and has built more than seven thousand vessels. The company is listed on the Milan stock exchange and on the Nasdaq in New York. It has geographically diversified businesses, with profits from the construction of cruise ships, warships, submarines, specialized construction and supply ships for electronic systems solutions, as well as software for maritime infrastructure. The Malecon Progreso has dramatically changed in the past few years. Thanks to a dynamic mayor, town council and a dynamic community vibe, Progreso continues to undergo a transformation with an ongoing $250 Million Dollar Federal Investment to improve Progreso´s Urban Infrastructure. The government has provided funding for the development of new hotels, restaurants, and attractions, as well as for marketing campaigns aimed at promoting the town as a tourist destination. These investments have helped to attract more visitors to Progreso, which has provided a boost to the local economy. The Malecon area and surrounding streets have been expanded and modernized. Remodeling of the traditional Malecon was completed in July 2022 along with repaving of 33 kilometers of roads. You’ll find a revitalized esplanade dotted with restaurants, sculptures and bikes for rent. Progreso boasts a mix of Caribbean, colonial and modern architectural styles. It has a beautiful French style City Council building and a curious inland lighthouse. General Infrastructure The government continues to invest in Progreso’s infrastructure. The government has provided funding for the construction of new roads and highways including the Merida- Progreso highway bypass estimated at $70 million dollars, streets and underground wiring, water and sewage systems and the local education system. These investments have helped to improve the quality of life and favored entrepreneurship in Progreso, which has had a positive impact on the town’s economy and overall well-being. Progreso’s Viaduct The elevated viaduct project in Progreso aims to revolutionize mobility in the port town, prioritizing efficiency, intelligence, and sustainability. Enhancements include optimizing entry and exit points, streamlining traffic flow, and reducing environmental impact. Additionally, green spaces, family parks, and a bike lane will be integrated to improve residents’ quality of life and promote a healthier lifestyle. The viaduct, with separate lanes for inbound and outbound traffic, facilitates cargo transport directly from the port to the federal highway, bypassing Progreso. The project also includes significant upgrades to drinking water infrastructure for comprehensive and sustainable community development. Rail Extension Other projects are planned like the 52km extension of the Mayan Train to Poxila-Progreso. This connection aims to enhance shipping conditions from Salina Cruz to Veracruz and beyond. Connecting Port Progreso with the industrial zone of Poxila (Uman), Hunucma, and Teya, the railway seeks to significantly cut logistic transportation costs. The logistics hub’s strategic location, just 15km from the Port Progreso container terminal, adds to its appeal. In collaboration with the Ministry of National Defense (SEDENA), Yucatan’s government has donated over 100ha to establish a logistics park, reinforcing the state’s logistics development. Tech Industry In recent years, the government has also invested in Progreso’s technology industry. Yucatan is actively advancing technological innovation through the creation of a Well-being Technology Hub, mirroring the fiscal incentives of the CIIT project’s industrial parks. Spanning 223ha along the Merida-Progreso highway, the hub designates 110ha for the Mayan Train and 60ha for the Yucatan Science and Technology Park. The aim is to attract investments and businesses, particularly in information and communication technology. Proposed plans have been submitted for review to the Ministry of Economy and the Ministry of Finance and Public Credit (SHCP). Progreso offers an excellent opportunity for those looking to invest in real estate in Mexico. One of the key reasons to invest in real estate in Progreso is the city’s stunning location. With its pristine beaches, emerald waters, and surrounding natural scenery, Progreso is a prime destination for a laid-back beach lifestyle or investing in the next real estate hotspot in Mexico. Popularity due to location, climate, community, activities and affordability are increasing demand for rental properties and vacation homes. Progreso is an attractive option if you’re looking to maximize your return on investment. Get in touch with our agents in the Yucatan. They know how to understand your dreams and show you properties that meet your personal requirements. Call: 999 418 4827 Email: info@baysideyucatan.com March 22, 2024 0 comment 0 FacebookTwitterPinterestEmail
Cost of Living in MexicoHow To Guide How to Calculate Your Daily Cost of Living in Mexico by Brent May March 20, 2024 written by Brent May For many considering a move to southern Mexico, the allure of a lower cost of living has long been a primary draw, often rivaled only by the region’s exceptional climate. While it’s undeniable that inflation rates, influenced by post-pandemic factors and Mexico’s flourishing economy, have seen an uptick, there are many reasons beyond affordability to choose Mexico as your new home. As of March 2024, the exchange rate hovers around 17 pesos to 1 US dollar, or 12.50 pesos to 1 Canadian dollar. For those on fixed incomes or diligently managing monthly budgets, the appeal of southern Mexico remains strong, offering a favorable comparison in both cost of living and quality of life against North American or European counterparts. Despite price increases, the region maintains its allure with its exceptional climate, superior food quality, quaint small-town advantages, stunning beaches, diverse recreational opportunities, and a welcoming local community. While expenses vary depending on location and individual lifestyle preferences, southern Mexico often presents significant savings in some areas. In this article, we delve into the actual costs of everyday essentials in southern Oaxaca state, providing insight into budget considerations for those contemplating a move here. Whether you’re drawn by affordability, lifestyle, or cultural immersion, Mexico continues to offer many reasons to call it home. Conversion For the purposes of this article, we’ll use a couple different online sources as well as a basic currency convertor to demonstrate costs in US dollars. As most Canadians are aware, you can add 25% to 30% to calculate prices in Canadian dollars. Of course there will be regular fluctuations in the conversion from pesos as national currencies take regular rises and dips, but this should give you a general idea of what to expect when considering a budget. Tiendas Something else to note is that if you settle into a smaller community in southern Mexico, you will likely end up doing a lot of your regular shopping at smaller family-owned tiendas and specialty shops. Prices in these places will likely be a bit higher than if you were to settle in Huatulco or Puerto Escondido, for example, where you have access to larger, national-chain stores like Chedraui and Soriana. These kinds of stores basically offer “one-stop shopping”, where you can purchase groceries, but also a wide range of other goods, from housewares and clothing to appliances and motor oil. Markets On the other hand, most small towns in Mexico have at least one dedicated market day, where vendors set up temporary booths and sell all kinds of produce at good prices. Part of the fun of living in Mexico is to explore what your community has to offer, visit various shops and markets, and find your favorites. Measurements For Americans, it should be noted that Mexico uses the metric system for weights and measurements. One kilogram converts to 2.2 pounds, while 1 litre is just over ¼ of a US gallon. Daily Food Costs in Mexico You’ll get up in the morning to yet another beautiful, sunny day and want to put on the coffee. When it comes to water, most people have drinking water delivered to their homes in 20 litre (or 5 gallon) plastic bottles called a garrafon. To buy a new full bottle costs $2.50 US, but afterward you simply exchange the empty bottle for a full one for the cost of around $2.00. You can find excellent coffee in specialty shops in southern Mexico, and can expect to pay around $9.00 for a kilo. If you add milk and/or sugar, a litre of 1% milk is $1.59 while a 600-gram bag of sugar is roughly the same. For breakfast, you can find a loaf of freshly baked artisanal bread for $5.00 or sliced commercial bread for $2.25, a small jar of jam will set you back about $1.50 while a single stick of butter also runs about the same. If you’re the kind of person who likes to bake their own bread, 1 kilo of wheat flour is around $1.00. A dozen eggs will set you back $2.72, while a 250-gram package of smoked bacon (10 slices) is around $4.00 If you enjoy fresh fruit in the morning (one of the many perks of living in Mexico) a kilo of bananas costs $1.31or oranges cost $1.84, while apples are around twice that price. When it comes to lunch and dinner, you of course have the option of eating out or cooking at home. In a medium-priced restaurant, a meal for two people with a couple of drinks will be in the $35.00 range. Or you can eat like a local at a small comedor and get a plate of tacos and a cold beer for around $7.50. To cook your Mexican food at home, a half-kilo of fresh corn tortillas (about 30) is a mere $0.83, while a 10-pack of the flour variety cost the same. Make your own salsa with tomatoes and jalapenos for $1.88 per kilo. A kilo of white onions will be around $1.93. Top off your tacos – or anything else – with crumbly queso fresco cheese, sold in a small round cake for right around $3.00, or buy a 600-gram pack of very popular Mexican-style Manchego cheese for $4.00. A kilo of dried black beans is only $1.50 cents, while the canned variety are generally about $1.00 cents for a 500-gram tin. If you get a hankering for making a pizza at home, you can even find pre-shredded mozzarella in the larger grocery stores for about $4.90 for a 600-gram package. And what if the kids are demanding a classic grilled cheese for lunch? You can even get Kraft American-style packaged cheese slices at $2.00 for a 8-pack, or whip up a tuna fish sandwich at $1.25 per can, depending on the brand. Poultry in southern Mexico will cost around $6.00 for two large (and we mean large) bone-in chicken breasts. If you prefer to have someone else do the cooking, find a small rotisserie chicken restaurant and take out a complete meal for 2 or 3 people – a whole chicken, veggies, rice, tortillas and salsa – for around $13.00. When it comes to beef and pork, prices are a bit higher. A local butcher may charge $11.60 for a kilo of beef round. One kilo of pork roast will be about $10.00, while a kilo of baby-back pork ribs will be about $20.00. Tuna or mahi mahi filets or steaks will cost about $10-$15 per kilo to prepare at home. Liquor, Wine and Beer Costs in Mexico Having covered some basic food items, we can look at some other products you’ll be needing or wanting on a regular basis. If you enjoy watching the sunset with a drink on the patio, or entertaining at cocktail hour, you can whip up a pitcher of margaritas for $9.50 for a 1-litre bottle of Jose Cuervo (or other popular brands) tequila, and a same-size bottle of Controy orange liqueur for $9.00. Limes are sold by weight at about 90 pesos per kilo. Grab a bag of ice from a local convenience store for about $1.90. If you prefer hard liquor, a 750 ml bottle of Johnny Walker Red Label whiskey can be found in larger grocery stores for around $19.00, while the same size of a 12-year-old Chivas Regal is $34.00. A 1-litre bottle of Absolut vodka will be $17.00. As for mix, a 3-litre bottle of Coke is $2.00, a 2-litre bottle of soda water is about the same. One litre of fruit juice for $1.50. For wine drinkers, the most popular brands of reds and whites from Chile or Argentina can be found everywhere for $11-15.00 per bottle, while higher-end imports from Spain or France can run up to $20.00 or $30.00 per bottle. When it comes to beer, the bottle variety of ubiquitous Corona typically sells for $1.00 to $1.70 each. This is usually the price you would find at smaller tiendas, (where the cost includes the deposit on the bottles, which you receive back when you return them) but discounts can be had if you shop at larger grocery stores. Prices for drinks will be more expensive in restaurants. A more premium brand of beer such as Bohemia (dark or light) will run you $8.00 for a six-pack at a grocery store, $1.65 at most tiendas. More and more craft beers are becoming available in Mexico but they are more expensive at $3.00 to $5.00 per bottle, depending on the brand. Toiletry and Cleaning Products Cost in Mexico Of course, on a day-to-day basis you’ll need other products such as toiletries and cleaning products. A 16-pack of toilet paper can be bought for around $5.00, a bar of soap such as Zest is 80 cents, a brand such as Pears will be just over $1.00. Popular brands of toothpaste such as Colgate or Crest are just over $1.00 for a tube, but a more specialty brand like Sensodyne is more expensive at around $4.50 for a tube. A 400 ML bottle of shampoo such as Pantene costs right around $2.50, a 700 ML bottle of Head & Shoulders will be $7.00. Disposable razors for both men and women are curiously expensive in the grocery store, running around $5.00 to $6.00 for a three-pack. As for cleaning products, Fabuloso is the go-to product for mopping floors, and a 1-litre bottle is $1.60. Clorox bleach is used for everything, and costs a mere $1.90 for a 2-litre bottle. White vinegar, which in Mexico is used as a cleaning product more than a cooking product is around $2.68 cents for a 4-litre jug. A 2-litre bottle of detergent of various brands for washing clothes is $5.00. The Cost Of Pets in Mexico If you have a pet, hard kibble for dogs or cats can be found either in grocery stores pre-packaged or in most tiendas in bulk for $2.50 to $3.00 per kilo. Canned pet food can usually only be found in large grocery stores where you’ll pay about $1.70 for a tin of cat food, twice as much for a can of dog food double the size. Cat litter can only be found at large grocery stores and costs $5.00 for a 7 kilo bag. (Pro tip – if you’re bringing a pet cat to Mexico from Canada or the US, also bring along a litter box and scooper, as such things basically do not exist in most places in Mexico. In fact, most Mexicans find the whole idea of litter boxes for cats very odd. Cats are supposed to live and do their business outside.) Cost Of Daily Transportation In Mexico When it comes to daily transportation, the most economical way to get around is to ride in a pasejero, which is a small truck with a covered box and benches running along the sides. Typically a 30-minute journey will cost around $1.50. You can also choose to wave down a collectivo taxi, which is a regular taxi, but which will stop and pick up and let off other passengers as you go – in other words you are ride sharing. The same 30-minute journey by collectivo taxi will be around $2.00. Read more: How to Live in Mexico Without a Car If you choose to take a private taxi, you can expect to pay about $19.00 for the same 30-minute trip. As a word of caution, taxi prices can fluctuate widely and most taxis are not metered – always ask the price to your destination before you get in. Finally, if you happen to have your own car, gas in Mexico as of March 2024 is selling for around $1.42 US per litre, or roughly $5.68 for a US gallon. Gas is one product where the cost has risen fairly steeply over the past few years (almost 50% in the last five years or so), and like everywhere else in the world this increase is one of the prime drivers of higher costs for other products that have to be transported to market. Basic Health Care Costs While doctors’ appointments and services can vary widely, a typical general medical doctor’s appointment will cost between $30 and $40. A basic appointment with a Specialist will cost between $30 and $60. General laboratory exams including having blood drawn and testing for cholesterol, glucose, etc., could cost around $20. Read more: How To: Review of Health and Medical Insurance Options for Mexico Car Maintenance If you’re buying a car in Mexico or bringing your own, generally basic checkups and repairs are cheaper than up north. An oil change will run about $15 including a liter of oil, having the wheels aligned about $20, replacing a windshield will cost about $100 while replacing a side mirror about $7. Read more: How to Buy a Car in Mexico Utilities Generally speaking electricity costs are lower but if you’re using a lot of AC or a clothes dryer, cost will rise significantly. A 45-kilo bottle of propane costs $25.00. Fiber optic internet and landline service from Telmex costs $21 or more per month depending on the package you choose. It’s important to recognize that the costs outlined here are not universal and can vary significantly based on your chosen region, city, and individual lifestyle preferences. While this overview may not encompass every aspect of living expenses, it serves as a foundational guide for budgeting your income in comparison to your North American or European lifestyle. Whether you’re enticed by Mexico’s affordability, favorable climate, or rich culture, the decision to make it your new home extends beyond financial considerations. Embracing the diversity, warmth, and richness of life in southern Mexico can be a transformative experience, offering a blend of quality living and cultural immersion that transcends far beyond affordability. March 20, 2024 2 comments 0 FacebookTwitterPinterestEmail
Investing in Mexico What Sets Puerto Escondido Apart from Other Markets by Brent May March 15, 2024 written by Brent May Puerto Escondido, nestled on the southern Pacific Coast of Mexico, stands out as a distinctive destination and real estate market. From its exciting food scene to a diverse community and a year-round rental market, Puerto Escondido offers a unique blend of culture, lifestyle, and investment opportunities. In this article, we have a look at the factors that set Puerto Escondido apart from other real estate markets. A New Foodie Destination Puerto Escondido has emerged as a culinary hotspot with Oaxaca City, attracting food enthusiasts from around the globe. Both of these destinations privilege the farm-to-fork concept. The culinary scene is chef-driven, with many talented professionals incorporating locally sourced products, mixing traditional recipes with new cuisine, resulting in a delightful fusion of flavors. From street markets to upscale restaurants with fish and seafood as fresh as it gets, Puerto Escondido offers a gastronomic experience like no other. The food scene notably offers exclusive culinary experiences. Unique restaurants within designer hotels, like the revered @kakurega_omakase at Casa Wabi, provide foodie experiences requiring long in advance reservations that set the town apart. Diversity in Culture and Community One of Puerto Escondido’s distinguishing features is its diverse community, making it the most eclectic place in Oaxaca. The town attracts people from various backgrounds, including Europeans, Arabs, North Americans, and Africans. This blend of age and ethnicity contributes to a stimulating atmosphere for people who choose to live here. Laid-Back Lifestyle and Wellness Focus Attracting families and young professionals, Puerto Escondido appeals to those seeking a laid-back, healthy lifestyle. The focus on sports, wellness, and overall well-being creates an environment where families and young couples thrive. Yoga offerings, chef retreats, and a commitment to local organic cuisine contribute to a quality of life that sets Puerto Escondido apart from other destinations. Read more about Why People Love Living in Puerto Escondido. Booming Real Estate Market Puerto Escondido is witnessing substantial growth, both in terms of its town development and real estate market. The real estate market attracts a diverse range of investors, from young families to retirees, all seeking a simple, clean, and healthy lifestyle. New developments are coming on the market providing different housing options from single family homes to condo developments which are fairly new to this area. Bayside Real Estate has a range of developments. Paxifico in La Punta de Zicatela with direct beachfront access, was designed by the renowned BAAQ architectural firm, led by Alfonso Quiñones. Construction has begun on Villas Marinero, a slow-living concept in a prime beach location on Playa Zicatela. Puerto Bambu in El Venado is a beachfront low-density development with unique 3 BR, 3.5BA beach homes. La Escondida near El Faro designed by internationally award-winning architects offering the perfect Mexican modern design has some villas for sale. Villas Palmarito has town house and villa options north of town. Year-Round Rental Market Puerto Escondido’s real estate market has experienced a transformative shift, during and especially post-COVID. Once known for its traditional rental patterns of high winter rentals and lower spring through fall occupancy, the town has become a year-round destination. The influx of new residents and extended stays has eliminated traditional low seasons. From Americans seeking summer surf stays with their families to winter snowbirds and the continuous flow of surf enthusiasts throughout the year, Puerto Escondido is thriving, with occupancy rates ranging from 85-90% per month in condos near town. Growing Connectivity As Puerto Escondido evolves, so does its connectivity. The airport is undergoing renovations, with plans for international flights from Canada, the US, Europe, and South America. The newly improved Puerto Escondido to Oaxaca City highway has drastically reduced travel time, making the city accessible in just 2 hours and 45 minutes, compared to the previous 6.5-hour journey. The hospitality sector is responding with boutique hotels, catering to the growing influx of visitors. Read our article here about Puerto Escondido Airport’s Upcoming Transformation that has already begun. Unique Architectural Projects Architecture plays a crucial role in Puerto Escondido’s charm, with numerous projects designed by renowned architects. Read more about that in our article, Exploring the Architectural Projects of Puerto Escondido. Proximity to the Mountains Beyond the coastal beauty, residents LOVE the proximity to the mountains – just 30 minutes to an hour away. Weekend getaways in mountain cabins provide a refreshing escape to visit coffee plantations, hike, and relax in the cool mountain air and forests. Unique Mexican Charm with an Active Expat Community Puerto Escondido offers the best of both worlds of Mexican authenticity and an active expat community. Mexican people from all over Mexico including Mexican professionals like specialty doctors, are choosing Puerto Escondido for its unique charm and high quality of life. The town’s personality sets it apart from larger tourist destinations like Puerto Vallarta and Cancun, offering a size that is just right – bigger than the coastal villages like Mazunte but not too small or too big. Standing out as one of Mexico’s Top Emerging Markets, Puerto Escondido offers a unique blend of diverse culture, culinary excellence, and a thriving rental market. Coupled with a commitment to wellness, architectural innovation, and improved connectivity, Puerto Escondido is positioned as an exciting destination and investment opportunity. If you’re ready to make the move, get in touch with our agents. They will get to know your dreams and help you find the perfect home on the Oaxaca Coast. 📞 954 559 9159 ✉️info@baysidepuertoescondido.com 🌐baysidepuertoescondido.com March 15, 2024 0 comment 0 FacebookTwitterPinterestEmail
Mazatlán Mazatlán: Your Ultimate Destination for the Great American Eclipse on April 8, 2024 by Brent May March 14, 2024 written by Brent May Mazatlán: The Prime Viewing Location for the Great American Eclipse The Great American Eclipse will happen April 8th, 2024. We are super excited here in Mazatlán because we are the best place to see it in all of North America! In Mazatlán, the full eclipse will be visible, and we have the best weather for it! Clear, blue, sunny skies are the daily grind here. Mazatlán’s Preparation for the Total Solar Eclipse This full eclipse, when the moon passes between the sun and Earth, will experience total darkness for 4 minutes and 20 seconds. NASA will be documenting the eclipse from the port of Mazatlán. NASA will also livestream the event. Telescopes will be set up in public spaces all around the city for residents and visitors to directly observe the eclipse. Join the Excitement: Stay & Play in Mazatlán If you’re exploring Mazatlán for your real estate investment or retirement home, join us in Mazatlán in April 2024 for a Stay & Play. All eyes will be on the city as we gear up for the total solar eclipse. Many people will flock to Mazatlán to watch the eclipse at 11:07am local time. Plans for eclipse parties and celebrations are underway. During a total solar eclipse, the moon completely covers the sun. The total eclipse phase itself lasts for only a few minutes at any specific location along the eclipse path. The day slowly turns into an eerie twilight. The entire eclipse, from the beginning of the partial phase to the end, spans a few hours as the moon’s shadow sweeps across the Earth. The eclipse is a captivating moment and precious for observers in the path of totality. Mazatlán is a cosmopolitan coastal city with almost half a million people. The city beach lifestyle focuses on active living, an incredible climate, a warm expat and local community, large cultural offerings, amazing amenities, beaches and affordability. It is a remarkable destination for expats seeking a vibrant and culturally rich living experience. Read more: Why We Love Mazatlán The Allure of Mazatlán’s Coastal Lifestyle The city’s historic center is a colorful testament to its rich colonial heritage, featuring a large and well-maintained downtown. Mazatlán also has an abundance of modern amenities. With fine dining, European-style cafes, lively clubs, museums, theaters, and a diverse music scene, creating a dynamic and engaging urban environment. The local dining options, from small eateries to gastronomic options characterized by rich and flavorful cuisine with lots of fish and seafood, add to the city’s charm. Mazatlán has miles of well-maintained sandy beaches and warm, inviting waters. A lighted boardwalk along the beachfront, the Malecon, provides a picturesque setting for strolls, jogs, and leisure activities. Read more: How To Get To Mazatlán This Winter Investment Opportunities in Mazatlán’s Real Estate Market Remarkably, Mazatlán offers affordability with reasonable prices for property investments. Its status as a highly desirable expat destination with a robust rental market. Property owners can leverage the city’s popularity among visitors to generate rental income, making it an appealing prospect for those considering investments in the real estate market. In essence, Mazatlán stands as a mosaic of culture, history, modern amenities, natural beauty, and affordability, making it a compelling living destination for expats seeking an active and enriching lifestyle. If you’ve decided Mazatlán is right for you, get in touch with our agents. Sure, here’s how you can set it up with emojis: 📞 669 110 3441 ✉️ info@baysidemazatlan.com March 14, 2024 0 comment 0 FacebookTwitterPinterestEmail
How To GuideRelocating to Mexico How To Know Which Mexican Visa is Right for You by Brent May March 13, 2024 written by Brent May Some of the most frequent questions we get are about which visa to get for living in Mexico part or full-time. This article will first clarify the difference between a visa and a permit. Then we will discuss the different types of visas and permits and qualifications for each including financial requirements. We can’t express enough how important it is to always check with the Mexican consulate where you will apply and your local immigration office once you are in Mexico for the latest requirements. Not only do requirements change often, but they change from consulate to consulate. What is the difference between a visa and a permit? There is a difference between a visa and a permit. The visa, step 1 of the immigration process, obtained outside of Mexico at a Mexican consulate, allows you to enter Mexico with the correct immigration status. This will be a sticker in your passport. The permit, step 2 of the immigration process, is obtained by visiting your local immigration office, INM (Instituto Nacional de Migración) within 30 days of arriving in Mexico with your visa to complete the process. You will then receive a “card” which is the physical document you will hold once the entire process is complete. Types of Mexican Visas and Permits Mexico has 3 main types of immigration visas leading to the corresponding permit: 1. Visitor’s Permit or Visitante: for short-term stays. This permit is obtained by filling out the FMM form upon arrival in Mexico or you will receive the paperless version which is a stamp in your passport granting you a number of days.In the case of the paper version, the airline provides the form or it will be provided in the immigration offices if arriving by land or sea. If arriving by airline, the $25 USD fee is usually included in the airfare (unless it’s a charter flight). If arriving by land or sea, the fee will be due upon entry.The visa can be granted for up to 6 months or 180 days and cannot be extended or renewed. You will need to leave the country before it expires.Note: Just because it can be granted for up to 180 days, does not mean you will receive 180 days. Plan to show proof of lodging with dates and your return flight if you would like to receive 180 days. If you are a frequent traveler to Mexico and wish to stay for several months at a time, you should apply for one of the visas below. 2. The Non-Immigrant Permit or the Temporary Resident Permit (Residente temporal), formerly known as the FM3. This is the permit you need if you plan to stay in Mexico longer than 180 days and up to 4 years or if you travel regularly to Mexico for several months at a time. This permit can grant working permission or not, depending on your purposes and if you fulfill the required documentation. 3. The Immigrant Permit or the Permanent Resident Permit (Residente permanente), formerly known as the FM2. This permit is for people looking to reside permanently in Mexico, usually retirees, and perhaps eventually acquire citizenship. You can directly apply for this permit; you do not have to obtain the Non-Immigrant permit first. It is less commonly given by the consulates even if you fulfill the requirements. However, it is a common path after 4 years of having the Non-Immigrant Permit to continue on with the Immigrant Permit if you are planning on staying in Mexico. Financial Qualification Criteria If you are using your income and/or assets to qualify for residency, there are 4 routes. Showing you have a minimum monthly income Having a minimum balance in your personal savings or investments Owning a house in Mexico that has a specified minimum value Making a capital investment in a Mexican company. To qualify for residency using the above, you must meet the minimum amount of just one of the above. You may not mix income and assets. All documents of proof of the above must be in the name of the residency applicant. Amounts differ according to the type of residency you are requesting. Which Permit Do I Need? The Temporary Resident Permit or Residente temporal For most foreigners living in Mexico, this is the only permit they need. You can renew it annually and for up to 4 years under certain conditions. It does not lead automatically or directly to permanent residency status or citizenship. It also does not automatically grant permission to work. Depending on your intents and objectives of living in Mexico, you will supply documents for your situation. Who Qualifies for Temporary Residency? Basically, if you are applying for the Residente temporal and do not wish to work, you will supply documentation showing proof of a certain level of income or assets. See above. In March 2024, if you wish to apply for a Temporary Resident Permit, you must supply documents showing: -you have a monthly income from foreign sources amounting to approximately $4350 USD per month every month over the last 6 months. (Check with your consulate because some will require proof from the past 12 months). OR – have assets such as a savings account balance over the past year amounting to at least $73,200 USD. The balance must always be above the minimum required amount. NOTE: These amounts vary according to different consulates and vary monthly according to exchange rate. As stated above in the Financial Qualification Criteria, you may use the market value of your home in Mexico (only in Mexico). You must be able to show that the property has a minimum market value of approximately $586,000 USD. It must not have any mortgages or charges. The value is noted on the deed/sales contract or from a recent appraisal. Again, the documents must be in the residency applicant’s name. Lastly, you can use the option of investing in a Mexican company. If you invest in a privately Mexican-owned company or in companies listed on the Mexican stock exchange, in order to qualify for Temporary Residency, your investment must be of at least approximately $293,000 USD. Know that this is the most complicated route to Temporary Residency. Please investigate further for the list of conditions. What If I Want To Work? If you do wish to work, you can be sponsored by an employer. They will provide you with the proper documentation proving you will work for the employer, your job description and responsibilities, your salary and the intended time of employment. Receiving a visa for a company-sponsored job is mainly done by matching your skill sets with skill sets the employer has not been able to find in-country. These work permits restrict you to only working in specific capacities that the Immigration Office will define. Read our article here to know more about How To Get a Work Visa to Work in Mexico. The Permanent Resident Permit or Residente permanente If you have fallen in love with Mexico and wish to live here on a permanent basis, you may wish to apply for the Permanent Resident Permit. This permit is for those looking to stay for long periods of time and who intend to live permanently in Mexico. There are plenty of benefits to getting this card besides not having to leave the country after 180 days. You will get access to the national health care system, tax benefits and other discounts for senior citizens. It may also offer you the possibility of getting a work permit under certain circumstances. Who Qualifies for Permanent Residency? Applicants with ties to Mexican citizens (spouse, common law partner, child) or foreigners residing in Mexico with temporary residency status. Retirees proving they have sufficient funds to support themselves. The amount of funds necessary can change in time and varies according to where you make application. Check with the consulate where you will make application. Holders of the Temporary Resident Card for 4 years. Holders of the Temporary Resident Card for 2 years who were granted the card through the family unity stipulations. Some other categories of people including those seeking refuge for humanitarian reasons or asylum. You do not have to hold a Temporary Resident Card to apply for the Permanent Resident Card. However, the consulates are only granting permanent residency to retirees. If you meet all conditions but are not retired, they will likely offer a Temporary Resident permit. If you are applying for the Residente permanente and do not wish to work, you will supply documentation showing proof of a certain level of income or assets. The income required from foreign sources in order to be granted Permanent Resident status is higher than that for a Temporary Resident Permit. In March 2024, if you wish to apply for a Permanent Resident Card, you must supply documents showing: -you have a monthly income from foreign sources amounting to $7300 USD OR – have assets such as a savings account balance over the past year amounting to at least $293,000 USD NOTE: These amounts vary according to different consulates and vary monthly according to exchange rate. Read more: How Long Can I Stay in Mexico? Please note that this information is being provided as a general guide. The regulations and requirements frequently change so please confirm them with your attorney, a Mexican embassy or consulate. Once you decide on which visa you will apply for, you will gather your documents and make an appointment at your Mexican consulate in your home country or another country outside of Mexico. To read more about the first step in getting your visa, read our article How To Get Your Mexican Visa: Step 1. March 13, 2024 0 comment 0 FacebookTwitterPinterestEmail
Buying Property in MexicoHow To Guide How To Make an International Money Transfer by Brent May March 6, 2024 written by Brent May Sending money internationally is a lot easier these days than when we could only rely on our bank. No matter where you are in the world, you will find that sending money to Mexico is a straightforward process. You have several options for getting your funds to Mexico, getting a good deal on the money exchange and transfer and getting the money there quickly and safely. Our team of experts is always here to help. Here, we’ll cover how you can do just that and the information you’ll need to get started. Banks vs. money transfer services With international wire transfers, when relying on your bank only, most bank tellers do not have much or any experience in doing international wire transfers. It is a process involving many details, it can be a long process and mistakes can be made. Often these small mistakes can result in money being lost in cyberspace and then the bank having to make a recall to get the money back. The money can be traced and found, but this stressful process could easily take a couple of weeks. In addition, if your bank does not have an established relationship with the receiving bank in Mexico, the wire will pass through an intermediary bank which will slow down the process. Other factors that make wire transfers slower can include your payment method, weekends and holidays, cut-off times and time zones. In a best-case scenario, international wire transfers through the bank take 3-5 business days. However, in some cases, funds may not actually clear for a couple of weeks. After the transfer is made at your bank, as seller representatives, we check the bank accounts every day to see if the funds were received. It’s a stressful process for the buyer and the seller, the agent and the team. Benefits of using money transfer services Our recommendation is to always use a money exchange transfer service. There are a couple of big benefits to using one of these services. The day the transfer happens, it is instantly posted in our escrow account. We know immediately that the transfer was successful the same day it was made or at the latest, the next morning. The funds won’t be available for a couple more days while they’re cleared, but we know the funds are there and the buyer, the seller and our team doesn’t have any stress. When exchange is involved, often Canadian dollars to US dollars or Canadian dollars or US dollars to Mexican pesos, the money transfer exchange service will typically give better exchange rates than the banks. Banks also charge higher fixed fees for a wire transfer. When transferring a large amount, this is a big factor to consider. Overall, these money exchange transfer services provide better quality service. We’ve had success every time using a transfer service. Read below to get started on the best ways to send money to Mexico with a money transfer service. How to Send Money to Mexico If you’re looking to send money to Mexico for payment of your new ocean view home, for example, the steps are simple and easy. Read more: How Many Paths Lead to Huatulco: One Expat’s Perspective Choosing a money transfer service First, you will choose the best money transfer service for your circumstances. To choose a provider, look at transfer fees, exchange rates, payment methods, transfer times and anything else you need. Using these parameters, you will be able to choose a service that supports exchange and transfer among the currencies you are using and that provides the best deal. Most of the services will provide exchange and transfer between Canadian and US dollars and Mexican pesos. Then, the services differ in how they collect their fees. Usually, either they charge a fee for providing the transfer or they do not charge a separate fee but provide a lower exchange rate. This is a calculation you can check out by looking at comparison tables online. If you type “money transfer to Mexico” into your search browser, you will find several sites providing comparisons between providers. This may help you in your research for making your choice of a service that is right for you. Registering with your chosen international money transfer service This is the nuts-and-bolts part of the process. It is typically easy and does not take much time. Have your basic documents on hand: photo id, proof of address, email. Most of the services require your name and email only. Others may verify your identity and address. You can sign up on the website or through a mobile app. You can also do the money transfers on the website or app. Starting your transfer You will first add funds to your new money transfer service account usually through a local bank transfer. Then you will need your recipient’s name as it appears on their government-issued id, their contact info and their bank account information. For Mexico, you will provide the beneficiary bank, the CLABE (Clave Bancaria Estandarizada) which is an 18-digit code with the bank code, branch office, account number and control digit. Your recipient will send you all of this. You will enter the sum you are transferring, the currencies you are transferring from and to, and your payment details. You will be given an estimate of how long your transfer will take. In sum, using banks can work but we have had issues where money has been lost and the bank has had to trace money for up to 2 weeks which delays the transaction and could even result in breach of contract. Typically, everyone is understanding in these situations, but it is an experience that can be avoided. Our clients have used different money exchange transfer services. We can recommend Firmafx.ca, OFX, XE.com, Wise (formerly TransferWise), and KnightsbridgeFX out of Toronto. There are many others. Do a little research before deciding on a provider to compare their rates, currency exchange, speed of transfer, transfer limits and convenience. This will ensure your money gets moving quickly and smoothly. As always, reach out to us at Mexico Living when you have questions about purchasing your dream home in Mexico. Also, check out our blog with our “How To” articles to help you in your process of moving to Mexico. Read more: How To Open a Bank Account in Mexico How To Get a Permanent Resident Permit in Mexico How to Buy a Car in Mexico March 6, 2024 0 comment 0 FacebookTwitterPinterestEmail
Retiring in Mexico Why is Huatulco One of the Best Places to Retire in the World? by Brent May March 1, 2024 written by Brent May Mexico continuously rates highly on the International Living Index of the World’s Best Places to Retire. Of their most recommended places to retire, Mexico ranks third for 2024. This index, with 30+ years of experience and methodology and consultants across 5 continents, considers a range of factors including financial factors (buying and investing, renting, cost of living), health factors (healthcare, healthy lifestyle, climate), lifestyle factors (visa and residence, fitting in), and governance factors such as development. Elements for Mexico’s top ranking include the fact that Mexico has something for everyone from small colonial cities to oceanfront living, low cost of living, availability of quality healthcare, climate and vibrant Mexican life and culture to name a few. These advantages become even more evident when correlated to Huatulco. Appealing Cost of Living. The low cost of living continues to appeal to retirees who are generally able to make their income go considerably further and specifically further in Huatulco. Their income buys more quality also. From quality food products, to restaurant dining, to real estate investment, Huatulco offers more quality buying power. Additionally, the lower peso, favors Canadians and Americans with strong dollars granting them even more buying power. Huatulco is a quality tourism market. By focusing on quality, more than quantity, tourism remains steady but without becoming such a tourism hot spot that it out prices its residents. On the contrary, perhaps the single biggest charm of Huatulco is the affordable lifestyle that can be created here. There are cheaper destinations than Mexico, but Mexico and Huatulco are easy to get to and are a great value. As the peso oscillates between 17 and 18 pesos to the U.S. dollar, everyday purchases are still a bargain. It is affordable to eat out, pay medical expenses out of pocket, have a housekeeper a couple times a week and a handyman, and travel within Mexico or to shorter distance destinations such as Guatemala, Peru, Ecuador or the Caribbean. Lifestyles and requirements differ but generally, a retired couple can spend about $2500 per month all expenses included… without counting pennies . Quality, Affordable Healthcare. Many other benefits abound including coverage by a national health care plan, the IMSS, once Mexican residency is established. (See our article about getting the visa that is right for you.) Many people opt to pay for healthcare out of pocket. Others find insurance plans through national and international insurance providers and even through some banks. To know more about healthcare in Huatulco, see our article: What You Need To Know About Healthcare in Huatulco. Not Just Good Weather, Great Weather. Huatulco’s climate has 340 days of sun per year with no rain during the winter. At just 15 degrees’ latitude above the equator, Huatulco has the most consistently hot temperature in Mexico. Most days, the town receives light breezes by day from the ocean and cooler breezes coming down from the mountains at night. Huatulco’s Perfect Weather 340 Days of the Year Small-town vibe. Newcomers to Huatulco enjoy the small-town vibe making it easy to fit in and make new friends. Local events, vibrant social and cultural opportunities and a laid-back lifestyle make Huatulco a real paradise. The friendly expat community ensures that you have an English-speaking population. Many locals and service providers like doctors, lawyers, and dentists speak English also. Safe Community and Region. Oaxaca is consistently and continuously one of the safest Mexican destinations. Crime rates here are lower than in U.S. states with comparable populations. The presence of a naval base on this area of the coast also promotes security and has thwarted organized activities suffered in other areas. Plenty of Activities. Huatulco has a long, long list of things to do. Getting bored is not an option. Water activities, volunteer opportunities, gyms, walking routes, nature parks and beach clubs as well as general exploring adventure of the beaches and coastline guarantee that there is something for everyone. Stunning Landscape. Huatulco has a magical landscape, settled in between the mountains and the ocean. With a backdrop of the Sierra Madre del Sur Mountains, Huatulco looks out to the Pacific Ocean. Huatulco is a community stretched out along several bays, some with easily accessible beaches, some with picturesque rocky outcroppings. The entire shore here is quite dramatic. Eco-friendly Attitude. Even as all of these factors contribute to an excellent quality of life, Huatulco itself radiates general positivity being a master-planned community. Huatulco uses renewable, clean energy, has a state of the art water and sewage treatment plant, has received many national and global ecological achievement awards, and 70% of the designated development space is dedicated to green space. If you are looking to retire in a place with a low cost of living, warm weather, easy access for trips back home and a friendly expat community, Huatulco is an excellent option. March 1, 2024 6 comments 1 FacebookTwitterPinterestEmail
Investing in Mexico Investing in Real Estate in Huatulco: Short & Long-Term Benefits by Brent May March 1, 2024 written by Brent May Huatulco is where we’ve called home for over 13 years. We feel so fortunate to be living here with so many genuine people, warm weather, great new projects, developments finishing and people taking possession. Whether you’re in the market to buy because you are ready to change location full or part-time or you are thinking of investing in real estate in Mexico, this article is for you. Here, we’ll talk about investing in Huatulco, in high-demand real estate, one of the safest and most convenient ways to grow your money in one of Mexico’s top emerging real estate markets. Why Real Estate Investment? Real estate is a tangible investment. As stocks, bonds and the banking sector in general are subject to volatility and even collapse, real estate is a proven, stable way to protect your wealth and an investment that you ultimately control. You decide when to buy and sell. You decide on renting to the vacation market or having longer-term tenants, you decide to reinvest in your property by renovating. Of course, the real estate market is subject to economic cycles but as you likely already know, real estate investments are more insulated in an economically stable or growing region as is the case in Huatulco and Oaxaca state. Read more: Huatulco and the Oaxaca Coast: A Top Emerging Market for Tourism and Real Estate Investment Consider the Local Conditions The profound change we see reflected in Mexico over the past 5 years is the change of place. Many people are exchanging their city apartments for sunny, ocean view homes in Mexico either full time or part time. People are being attracted to the south Pacific towns of Huatulco and Puerto Escondido like never before. They buy or rent longer term since many more people have geographical freedom now in their jobs. Opting for a more laid-back lifestyle where money goes further attracts remote workers, young couples, families and retirees. Families love the opportunities for their children to have a broad cultural experience, to learn a new language and to mix with an international community. Children have opportunities for plenty of activities from surfing to tennis lessons. Read more: The “Why” of Buying Huatulco Real Estate” Short-term benefits of investing in real-estate in Huatulco Invest in real estate through pre-sale pricing Our Mexico Living Investors Club helps you take advantage of pre-sale prices. I negotiate with a developer to get a certain amount of inventory at pre construction prices. Those who get in early are getting big gains from the time construction starts to the time it is completed. Our properties are in prime locations and are filled with endless amenities. Completed move-in ready inventory is limited with many new listings selling in less than 24 hours of being on the market. Rent your new property immediately Another short-term benefit of investing in real-estate in Huatulco is to rent it out quickly. Vacation rentals in Huatulco priorly rented out on average for $500-$5900 USD/week and generally for about 16 weeks per year. This comes to a total average revenue of $11,200 – $100,000 USD + per year. However, now, annual occupancy rates of vacation rentals in Huatulco have increased to an average of over 50% across the board as winter shoulder seasons strengthen and the summer market grows. More Americans and Canadians are coming down in the summer. We’re getting more surfers as one of the best surfing destinations in the world and executive style surfers; people who surfed when they were younger and come back with their families. So, the vacation rental market is actively growing providing you with a good ROI quickly. Long-term benefits of investing in real-estate in Huatulco Appreciation You may buy low, let your property appreciate and sell high. Real estate is increasing in value in Huatulco over time. This is due to the location, commercial and residential development according to Huatulco’s low density master plan, accessibility to quality infrastructure services like Huatulco’s water treatment, and property management services. Keeping your property maintained appreciates its value. Read more: Is It Safe to Drink the Water in Huatulco? Zoom on Huatulco’s World-Class Water Treatment Systems Pre-construction pricing For investors focused on buying and flipping, we have a unique scenario where you partner with the developers. Investors purchasing at early bird Investors Club pricing are receiving gross returns of 25% to 50% over the course of roughly a two-year period and benefiting from strategic tax planning. Higher returns Investing in real estate in Mexico provides higher returns than banking products. We are seeing investors who are concerned about the stock market and want to put their investment in brick-and-mortar, volatility of Crypto, and potential devaluation of Fiat currency, wanting to put their money in beachfront, beach access, and marina front real estate on the Mexican coast. Whether a short or longer-term investment, your real estate investment will provide you with a rate of return above the inflation level. Your real estate assets will grow more healthily and profitably. Sell at your convenience Lastly, you may decide to sell your property at your convenience. You may decide to remodel to increase your property value and to sell at a higher price. Then reinvest to grow your wealth. To sum up, the Mexican economy is strong. Real estate here is generally not supported by mortgages making it a stable investment in the face of interest rate fluctuations abroad. Real estate is mainly purchased and owned with cash. The stability is not all about money though. It’s about lifestyle and quality of life. We are where everybody wants to be. An excellent climate with 340 days of sun per year, sustainably designed, world-class infrastructure, a small-town feel, safe, a long list of activities, an international airport, great cultural experiences, a friendly community, and a solid healthcare system. Plus, a lot of infrastructure development is happening in Oaxaca state. Read more: 5 Key Infrastructure Investment Projects Happening Now in Oaxaca Read our article: Why People Are Moving to Huatulco It does take a lot of knowledge, patience, intuition and the necessary skills to invest in property in Mexico. We are always here to help you reach your goals! The future is bright in Huatulco! Get in touch today! Read more: How To Escape To Mexico…And Why You Would Want To March 1, 2024 0 comment 0 FacebookTwitterPinterestEmail
How To GuideRelocating to Mexico A How To Guide for Online Shopping in Mexico: Furnishing Your Home and Simplifying Everyday Life by Brent May February 28, 2024 written by Brent May When we first moved to the Oaxaca Coast 13 years ago, online shopping was not an option. Home delivery did not exist. Living in Puerto Angel, everyone in our building had the same toasters, coffee makers and mattresses because that was what was available from the one store with home furnishings in Pochutla. It is nice to have the options we do today! Online shopping in Mexico has grown exponentially in recent years, transforming the way people furnish their homes and buy everyday goods. The convenience of secure transactions from the comfort of your home, along with competitive pricing, have made online stores increasingly popular. As a caveat, we always advocate for supporting local businesses wherever you are. What’s more, in all regions of Mexico, you’ll find a colorful, creative array of unique home décor that ultimately supports artisans and local businesses. So before going online for your décor, always have fun exploring the handicrafts of your area and while you’re on trips throughout Mexico. The Mexican Online Market Landscape The bustling online market in Mexico caters to a diverse range of needs, making everyday life more manageable for residents and expats. Online stores offer a huge variety of products, from groceries to clothing and furniture, contributing to the significant surge in e-commerce popularity. The rise can be attributed, in part, to the cost-effectiveness of online stores compared to physical counterparts, as online platforms eliminate maintenance and rental costs. But ultimately, in many areas, the appeal boils down to convenience. Why Online Shopping in Mexico is Essential for Homebuyers For those furnishing homes in Mexico, online shopping has made life easy. Finding and purchasing products quickly, coupled with the cost benefits, has made it a preferred choice. You can easily find furniture, appliances, groceries, beauty products, clothes, and home accessories. Tips for Easy Online Shopping in Mexico While the online shopping experience in Mexico shares similarities with other countries, there are some considerations to make your experience smoother. Shopping in English is a convenient option. Have someone available to receive deliveries. Provide a clear address with references and location is crucial. Pay duties and taxes in advance to avoid customs delays for anything arriving from out of the country. Use a Mexican debit card to streamline your transactions. El Buen Fin, Mexico’s version of Black Friday, is a significant shopping event offering special deals and discounts. Foreign personal credit cards are widely accepted, and the adoption of Apple Pay and digital wallets is on the rise in the Mexican e-commerce market. Best Online Stores in Mexico Amazon Mexico, Mercado Libre, and Walmart are really the go-to online stores for various needs. Each platform offers a unique shopping experience, with competitive prices, fast deliveries, and a diverse product range. Preferences may vary, but these three giants dominate the Mexican online shopping space, providing homebuyers and expats with a one-stop-shop solution. You can buy from the amazon.com site also. Just be aware where your product is shipping from. If it’s coming from outside of the country, there’s a good chance, you’ll have customs duties. Make sure to pay them in advance. Otherwise, it will significantly slow down delivery time and you will not necessarily be informed via the website. Ask us how we know. Where to Go Online Shopping in Mexico When it comes to consumer electronics and home appliances, Sam’s Club, Home Depot, Sears Mexico and Coppel are recommended. For furniture and other home furnishings, online stores like IKEA, Zara Home, Crate & Barrel, H&M Home, Linio and Liverpool are all available in Mexico. Bulk Grocery Shopping is possible via Costco, Sam’s Club, Walmart and Soriana. For other general shopping needs, you’ll find a huge variety of products at Amazon, Mercado Libre, Walmart and Petco. For boutique specialty shopping, you’ll find retailers like iHerb, Sephora and Asos just to mention a few. The benefits of online shopping in Mexico are many, offering timesaving, access to unique products, competitive prices, and the assurance of quality. Language barriers are minimal, and online transactions guarantee secure and reliable deliveries. Make sure you stay safe online by verifying website authenticity, secure connections, and encrypted data transmission. Happy shopping! February 28, 2024 0 comment 0 FacebookTwitterPinterestEmail